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Consulting Retainer & WIP Billing

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License: OPL-1, every download is watermarked.
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Compatible with Odoo 18.0 · 19.0
OPL-1 license · 35+ languages · Community & Enterprise
Consulting Retainer & WIP Billing for Odoo — preview banner

Consulting Retainer & WIP Billing

Retainer burn-down, timesheet WIP at charge-out rates, milestone revenue recognition, realization and write-up/write-down billing

Consulting Retainer & WIP Billing Consulting and accounting firms run on monthly retainers, fixed-fee milestones and time-and-material work, yet standard timesheet apps show hours only. They hide the economics that actually decide whether an engagement makes money: retainer burn-down, work-in-progress valued at charge-out rates, realization (what you billed versus standard value), milestone percentage-of-completion revenue, and over-servicing.

Key Features

Consulting Billing

Consulting Billing. Tracks Reference, Engagement, Date, Retainer Period, Lines. One-click post, cancel, reset reset to draft.

Consultant

Consultant. Tracks Name, Initials / Code, Related User, Default Rate Card, Charge-out / h.

Consulting Engagement

Consulting Engagement. Tracks Engagement, Client, Engagement Manager, Start, End. One-click activate, close, reset reset to draft, generate next period, open periods.

Consulting Milestone

Consulting Milestone. Tracks Engagement, Milestone, Fixed Fee, % Complete, Recognized Revenue. One-click start, mark close, recognize, set invoiced.

Consulting Rate Card

Consulting Rate Card. Tracks Grade / Role, Code, Sequence, Charge-out Rate / h, Cost Rate / h.

Retainer Period

Retainer Period. Tracks Engagement, Period No., Reference, From, Included Hours. One-click create retainer billing.

Consulting Time Entry

Consulting Time Entry. Tracks Engagement, Consultant, Rate Card, Date, Hours. One-click mark wip, write off, reset reset to draft.

Use Cases

Manage consulting billing directly inside Odoo without spreadsheets.
Manage consultant directly inside Odoo without spreadsheets.
Manage consulting engagement directly inside Odoo without spreadsheets.
Manage consulting milestone directly inside Odoo without spreadsheets.
Stay audit-ready with German statutory references and exportable worksheets/files (you submit under your own login).

Screenshots

Consulting Retainer & WIP Billing — Billings in Odoo

Billings

Consulting Retainer & WIP Billing — Consultants in Odoo

Consultants

Consulting Retainer & WIP Billing — Engagements in Odoo

Engagements

Consulting Retainer & WIP Billing — Milestones in Odoo

Milestones

Consulting Retainer & WIP Billing — Retainer Periods in Odoo

Retainer Periods

Consulting Retainer & WIP Billing — Rate Cards in Odoo

Rate Cards

Why Choose This Module

Engagements with a monthly retainer allowance (fee + included hours), configurable rollover of unused hours (none / full / capped) and an automatic period-by-period burn-down schedule. Time capture priced at each consultant's charge-out rate, producing a live WIP balance, and a cost rate for true profitability. Milestone / fixed-fee schedules with percentage-of-completion revenue recognition (recognize only the delta since last period). WIP billing runs that turn unbilled time into a bill and let you write the value up or down, recording the realization rate on every run. Recurring retainer invoicing per period, with realization measured against the hours actually delivered. Over-servicing alerts the moment consumed hours pass the retainer allowance, logged on the engagement chatter. Profitability per engagement and per consultant (revenue, cost, margin, realization).

Specifications

  • Compatible: Odoo 18.0 / 19.0
  • License: OPL-1
  • Languages: 35+
  • Author: Pokutsoft
  • Dependencies: base, mail
  • Support: support@pokutsoft.com
  • Update date: 2026-07-18