TIME & BILLING SOFTWARE FOR ACCOUNTANTS

We don’t expect the same invoice format to work for everyone. So Canopy allows you to add your logo and configures them however works best for you—like rolling up multiple line items into a single line item, showing line items separately or grouped by service items, and showing or hiding specific columns.

Pricing should have the flexibility to price the way you want. Price by time, price by service, price by employee. And use multiple rates!

It’s your firm and your clients, so invoice accordingly. Canopy lets you send out one-time invoices as needed, as well as regularly recurring or even scheduled-for-the-future invoices. Because invoicing isn’t one-size-(or interval)-fits-all.

Canopy and Quickbooks Online are like peanut butter and jelly (or chocolate, if that’s your thing). Build your service items, locations, categories, and classes in QuickBooks Online, and use those same fields in Canopy any time you create an invoice. No more uncategorization and no more jumping back and forth.

Clients will never have to ask, “where’s that invoice?” again. That’s because the invoices you create in Canopy can always be easily accessed by clients via our customizable, web—and mobile-friendly—Client Portal. (Our Product team wants us to tell you it’s also highly rated. So there. Are you happy now, Mitchell?)

Unbilled work. Employee rate totals. Fixed service rate totals by client. Canopy’s WIP summary lets you see it all and flow it directly to invoicing. And, what’s more, you can use it all for your firm’s benefit to see your revenue potential.

It’s time to celebrate—the days of having to manually remind your clients to pay an unpaid invoice are over! With automated invoice reminders, send a friendly email reminder a number of days before, on, or on a specified number of days after an invoice due date.

Encourage on-time client payments by enabling this feature to automatically apply late fees to past due invoices.

Choose to designate all time recorded for a specific contact to be automatically linked and added to recurring invoices. Once selected, any unbilled time entries recorded between the recurring intervals you choose will be automatically linked to the next recurring invoice for that specific contact.

Whether you bill based on time or value/subscription, tracking time can still be beneficial when it comes to reporting. Unlock unknowns to make better business decisions by viewing how much time employees are spending on clients relative to all time, YTD revenue, total revenue past due, total revenue outstanding, outstanding invoices and their status, and recurring invoices. View data globally across all clients or in each individual client record’s billing tab.

Increase your understanding of the strengths and weaknesses in your firm starting with quality data. We’ve created a variety of Time & Billing reports to illuminate more insights. These reports include: 

Time: Hours Tracked by Client, Service Item, or Team Member, and Time Utilization by Team Member. 

Billing: Aged Receivables Summary and Detail, Revenue (by Client, Service Item, or Team Member), Billing Utilization by Team Member, Profitability by Client and Task, and Staff Productivity.

You can access this data in two places: first, aggregated for all clients in the billing report area of Canopy; and second, for each individual client in their client record’s billing tab.

• Invoices: See a list of all invoices, recurring, and archived.
• Payments: See a list of all payments made.
• Credits: See a list of all and deleted credits.
• Statement: Create statements for any client from invoices that have been generated.

Dive deep into budgeted and logged data to better understand resource assignments in your firm. View each assignee and see who has more work than they're able to complete. Break this down by week or month, project or task, or client owner. With data from Workflow and Time & Billing, capacity planning has never been easier.

Quickly visualize your data. It’s as easy as identifying your data points and pushing Enter. Your data will display in a recommended visualization style that you can then change or refine to help you find the answer to your data question. You can discover even deeper insights by clicking directly on the visualization and selecting the data point to refine your search for answers.

Get the most out of your data and visualizations with filters that can show what's most important to you and your firm. Create a filter for each employee, role, assignment, services, month, location, etc.

Turn your Liveboards into presentations in a matter of seconds. Each visualization gets its own slide so that everyone can easily see. If anyone has a question mid-presentation, you’re still presenting live data! You can drill down and interact with it to help guide the discussion to where it will benefit your firm most.

Automatically keep stakeholders informed on firm initiatives. Emailed reports will include either a CSV or PDF of the Liveboard visualizations being shared. Whether you access the raw data directly in the product or via download, you’ll always be able to see and access your data. It’s your data, after all.

Monitor changes in Key Performance Indicators (KPIs) with scheduled alerts. Receive notifications for your KPIs at your preferred cadence—on an hourly, daily, weekly, or monthly basis. Create thresholds and indicate whether you want to be notified if it increases, decreases, or changes by a certain percentage. We said "finger on the pulse of your practice" and we meant it.