Automatic Billing for New Accounts
Billing that starts when assets do. No decisions, no gaps, no guesswork.
Old Way vs. New Way
✗ THE OLD WAY
- Advisor picks a billing date manually
- Contract date? Funding date? Full transfer?
- No right answer - just guessing
- Inconsistent across advisors and teams
- Revenue leaks during partial funding
✓ THE NEW WAY
- Uses the later of:
- - Contract signed date
- - Account funded date
- Runs through end of quarter automatically
- Zero input required from your team
The Timeline
Every Tranche. Every Day.
Week 1
$300k Funded
Week 2
$600k funded
Week 3
$600k steady
Week 4
$1M fully funded
Each tranche is billed from the day it arrives. No gaps, no manual tracking.
Three Core Outcomes
No Revenue Leakage
Every day billed from first dollar. Partial periods captured automatically.
Consistent Firm-Wide
Same method, every client, every advisor. No judgment calls.
Defensible in Audits
Systematic, documented, ADV-ready. Built to answer the hard question.
Zero Setup. Zero Adjustments.
- Choose a billing starte date for new clients
- Track when assets arrive or transfers complete
- Justify billing date decisions internally
- Manually adjust new account invoices
- QA inconsistencies across advisors and households
Experience the Simplicity of Automated Fee Billing
Discover how Smart Kx can transform your client billing process, accelerating revenue and enhancing client satisfaction.
