Split an Invoice Without Changing the Legal Entity

Sometimes a client requests that certain projects or hourly billing be billed separately, but still under the same legal entity.
This can be handled safely by creating sub-accounts.

Overview

You cannot invoice a project to a new legal entity without a full compliance check.
However, you can split invoices for the same entity into multiple sub-accounts.

Steps

1. Create a new sub-account

   • Go to Client Accounts → Add Account.
   • Select the existing client legal entity.
   • Name it to reflect the stream of work (e.g., Infrastructure Fund 2025).
   • Set type to Project or Hourly as appropriate.

2. Reassign the work

   • For projects: open Client Work → Projects and reassign specific projects to the new account.
   • For hourly billing: create a new Rate Schedule for the sub-account.

3. Invoice separately

   • Each sub-account now generates its own invoice at month-end.

Notes

• Keep naming clear to avoid confusion in client reporting.
• Discuss structure changes with the billing or operations lead before applying.
• Use sub-accounts only when the same legal entity is paying all invoices.