Cut outs

Do you mean like one of these?

 

I would use the outline command, then the cutout feature to achieve that effect.

You have to create an outline of the charcter you want on the top, then separate that outline, then cutout that outline from the other text.

It is hard to explain without showing you, so if you want to see in detail let me know and I can show you via webex.

 

Not a problem.

Enter the 'B D' as text.

Enter the 'S' as another text object

Diddle the spacing on the 'B D" and alignment with the 'S' to get everything right where you want it.

Outline the 'S' with proper size, any color, for whatever relief you want between the 'S' and the 'B D'.

Cut the outlined 'S' from the 'B D' by selecting the outlined 'S', selecting the 'B D', and invoking Effects->Combine->Cut Out.

Get rid of the outline on the 'S'.

Voila...

.

 

To add one thing to Bob's instructions: Flexi's logic is dependent on the order in which items are selected. To get correct results with the cutout feature, select first the object that is doing the cutting and select second the object that is being cutout from.