Billing Items
Last updated
Last updated
Items in Loopit are used to categorize charges on packages, allowing for better organization and streamlined reporting. By creating specific item names, you can ensure clear categorization of charges, making it easier to track costs and generate accurate reports. This guide will walk you through creating and using items effectively within the Loopit platform.
In Loopit, items serve as categories for various charges associated with packages. These items will appear on customer invoices as line items, as well as in the backend for tracking and reporting purposes.
Items can also be used to categorize expenses, such as:
Cleaning fees
Registration
Insurance
Damage repair costs
The goal is to create as few items as possible while covering all relevant charge types likely to be incurred by your customers.
Navigate to Settings:
Go to Settings in the Loopit platform.
Under the Billing section, click on Items.
Create a New Item:
Click on Create New Item.
Give the item a name (e.g., "Out of Area Fee").
Choose a charge type (e.g., a fee for out-of-area travel).
Add Marketing Details:
Optionally, add a photo and a description that will appear on customer-facing invoices.
Save the Item:
After entering all relevant details, click Save.
Once you've created your items, you can use them when generating invoices for your customers.
Create a New Invoice:
Go to the Billing section and open a booking.
Under the Invoices tab, click on Create New Invoice.
Select an Item:
Choose the appropriate item.
Provide any additional context for the charge in the description field.
Add More Items (If Needed):
You can add multiple items to a single invoice, such as toll charges, cleaning fees, or other applicable charges. Each item will be categorized for easier tracking and reporting.
Category-Based Items: Think of items as categories for charges rather than specific one-off fees. For example, instead of creating individual items for every toll charge, you could create a general "Toll Charges" item and add specific details in the description when needed.
Clear Item Naming: Use clear and specific names for your items to make reporting more straightforward. By doing so, you can easily categorize and track charges based on the item name, which improves the accuracy and clarity of your reports.
Descriptive Information: Always include detailed descriptions when adding items to invoices. This helps both you and your customers understand the charge and its context. Additionally, it ensures that charges are accurately categorized for future reporting.
Items are a vital tool in Loopit for categorizing charges on packages. By creating well-defined items, you not only keep your billing organized but also enhance your ability to generate detailed reports. Whether you're tracking cleaning fees, insurance charges, or other costs, items allow you to stay organized and ensure your billing process is transparent and accurate.
