How to add legal entities and create billing groups (cost centers)?
Legal entities and billing groups allow you to structure your invoices in a flexible way, e.g. enabling you to split invoices by departments and sending them to different contacts.
You can manage your entities and billing groups from the page "Billing" in the account settings:
Billing settings
Legal entities
This is your company collaborating with Horizons, e.g. "Client 55C Ltd." as pictured below. Your first legal entity is set up automatically upon creating your Horizons account.
You can set up additional entities in the settings e.g. because your team in the UK begins hiring but requires their invoices issued to another entity.
Update details for a legal entity
Billing groups
Billing groups allow you to customise your invoices.
- Invoices are assigned to a dedicated billing group
- Each employee is associated with one billing group
- Each month, the finance contact from the billing group receives an invoice for all employees in a Billing Group
- Additional information set in the billing group (e.g. a PO number) will be displayed on the invoice
This allows you to group employees e.g. based on region or department and receive a separate invoice for each billing group.
Update settings for a billing group
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