Billings Pro Help
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# About Retainers

A retainer is a fee paid in advance in order to secure your services. It may also be called a down payment, a prepayment, or an upfront fee. In Billings Pro, retainers are grouped by clients; if you receive money from a client as a prepayment for services you will render, you can deposit it into a retainer, and later apply that retainer as payment against an invoice.

Billings Pro keeps track of the retainer amount available for clients. When you add a payment using retainer as the method, or when you create an invoice that uses a retainer, Billings Pro reduces the available retainer balance.

Billings Pro has specific reports that display information about retainers. To access these reports, choose View > Reports and run a report.

## See also

Using a retainer

About invoices

About payments