Expenses ·
Expense and Receipt Tracking: A Simple System
How to track business expenses and receipts with a simple system: capture, categorize, store, reconcile monthly and hand clean records to your accountant.
9 min read
Who it's for / Interior designers
Interior designers rarely bill just one thing. There is the design fee, flat per room or for the project, or hourly against the hours you log; a retainer or deposit before work starts; then the furniture, lighting and decor you buy for the client, at the price you set, with samples and delivery on top. Tell Clodou what you agreed and it writes the invoice for your interior design services with each part on its own lines, keeps track of the deposit and the balance, and logs what you paid vendors against the project budget.
Design fee, procurement and reimbursable costs go on separate lines, in the order and words you give: the room, the piece, the quantity, the price. With the tax you set on each line, the client sees what was design work, what was furniture and what was delivery.
Give Clodou the price you charge for each piece, such as 2 table lamps at $340. It applies no markup by itself, and it never sources or orders products: you choose and buy from your vendors, and Clodou bills the client what you tell it.
Create a project for each room or home with its budget. Log what you paid vendors, samples and delivery as expenses on it, from a sentence or a receipt photo you confirm, and the project shows those costs next to the budget.
Many designers charge a flat design fee per room or for the whole project, and others bill consultations, design time and site visits by the hour. A flat fee is one line, such as living room design fee, $3,800, or one line per room. For hourly work, create a project with your hourly rate and log hours on it as you go: "invoice my unbilled time" turns the billable hours into one draft invoice at that rate, one line per entry with its date, and marks them billed.
Designers often ask for a retainer or deposit before design work starts, and terms vary: some apply it to the design fee, others to the final invoice. Write your terms in the quote's note. To count the deposit toward the fee, turn the accepted quote into one invoice and record the deposit as a partial payment when it arrives: Clodou keeps the balance until the last payment marks the invoice paid. If you prefer a separate deposit invoice, ask for one with the amount you agreed.
Furniture, lighting, rugs and decor bought for the client are often billed at a client price the designer sets, whether that is trade price plus a percentage, retail or cost, as agreed with the client. Many designers also ask to be paid before they place orders. Give Clodou the client price for each piece: it applies no markup by itself and never sources or orders anything. Samples, freight and delivery are often billed back as reimbursables at what you paid. Where tax applies to goods you resell, Clodou applies the rate you set, per line if needed; the rules are yours to check with your accountant.
Step 1
Quote Elena Marlowe for her living room: a flat design fee of $3,800. Note: concept, floor plan, furniture plan and two revision rounds included; $1,900 deposit to start, balance at the final presentation. Also create a project, Marlowe living room, with a $12,000 budget.
Adds Elena Marlowe as a client and creates quote DEV-0012 with one line, living room design fee, $3,800. No tax is set on this workspace, so the total is $3,800, and the note prints on the PDF. Creates the Marlowe living room project, linked to Elena, with a $12,000 budget.
Step 2
Elena accepted and paid the $1,900 deposit. Turn DEV-0012 into an invoice; I sent it to her.
Creates invoice INV-0048 for $3,800 with the same line and note, plus a reference to DEV-0012, marks it sent and shows an approval card to record $1,900 received. Once you approve it, $1,900 is still owed on INV-0048.
Step 3
Invoice Elena for procurement before I order: sofa $4,200, 2 table lamps at $340, wool rug $1,150 and coffee table $890, with 8% sales tax on those. Then reimbursables, no tax: fabric samples $65 and white-glove delivery $380.
Creates draft invoice INV-0049 with six lines, the four procurement lines first, then the two reimbursables. Procurement comes to $6,920 (the lamps are 2 at $340, $680), plus 8% sales tax, $553.60. Reimbursables come to $445, untaxed. Total: $7,918.60.
Step 4
I sent INV-0049 and Elena paid it in full. Log what I paid on the Marlowe living room project: $4,630 for the sofa, rug and coffee table, $480 for the lamps, $65 for the samples and $380 for delivery.
Marks INV-0049 as sent and shows an approval card to record $7,918.60 received; once you approve it, the invoice is marked paid. Records four expenses on the project, $5,555 in all, so Marlowe living room shows $5,555 in recorded costs next to its $12,000 budget.
Quote Elena Marlowe a $3,800 design fee for her living room, with a $1,900 deposit to start
Invoice Elena for a sofa at $4,200 and 2 table lamps at $340, with 8% sales tax on both
Log $65 of fabric samples on the Marlowe living room project
Expenses ·
How to track business expenses and receipts with a simple system: capture, categorize, store, reconcile monthly and hand clean records to your accountant.
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