PCLaw

Re: Refunding Paid Fees

Lisa Elliot — Wed, 25 Jan 2012 14:58:02 GMT

I have the same situation here. I have been asked to do a refund of both fees and disbursements (and corresponding taxes) on a matter that has been paid. I don't understand no. 3 in the list "prepare a credit note." How do I do this? Running v. 10.0 SP5 HF3

Re: Refunding Paid Fees

Hassan Maje — Mon, 16 Jan 2012 17:28:03 GMT

Follow the following steps in the current open month:

Do a Negative Receive Payment for the refund. This will reinstate the A/R.
Do a General Retainer Receipt. This will cancel out entry 1 above on the General Bank Journal and will also create a Gen Rtnr Balance on the matter.
Prepare a Credit Note and use it to perform a Write Down on the A/R.
Write a cheque for the refund from General Bank A/c.
At this stage you will have an Unb Disbs balance and Gen Rtnr balance for the same amount on the matter.
Raise a Bill to clear the Unb Disbs against the Gen Rtnr.

Refunding Paid Fees

Cheryl Diehl — Mon, 05 Dec 2011 16:42:01 GMT

How do I refund fees to a client for an invoice that was paid and is in a closed month?

Currently running v11.0 SP1