What is the best way to Write Off Fees for a matter?
Hall, Friedly & Ward
Caren Schwartz (Moderator/CIC)
& Time &
Cents Consultants, LLC
www.3545consulting.com / www.timeandcents.com
Software for Managing Time, Money
Time Matters, Billing Matters,
Billing Matters Plus, PC Law CIC
Yes the fees have been billed!
In the situation where they haven't been billed I'm assuming I just go in and delete the individual fees that were billed. Correct?
I also have another question --
There is a matter that has an unapplied payment with a balance owing still -- how do I apply that unapplied payment to the balance due? and why isn't it doing this automatically?
I may be calling you soon!
Kathy Burger PREMIER LEVEL CIC - PCLaw, Time and Billing Matters Plus Certified Kathy Burger Consulting, LLC 200 Windward Ave. Beachwood, NJ 08722 732-279-6301 Kathy@KathyBurgerConsulting.com
Caren is right. You should not delete time entries. Then time listing and productivity reports are wrong and it looks like the attorney who did the work didn't work those hours.
As far as correcting that retainer, before you remove a payment you must consider whether it is in a reconciled period. If you just did it today, then fine, delete and reenter. However, if you did it last month and trying to correct this month, you want to enter a negative retainer receipt which backs it out of retainer, and then enter a positive general receipt and apply it to the invoice. Use today's date and you will have a positive and a negative so the net affect to your bank balance is zero.
I believe in the new version of PCLaw that you can set the system to automatically apply the retainer to an A/R, but that might be Trust I am thinking about.
Pat Cunningham, PCLaw CIC, Time Matters CIC
C & S LegalTech Consulting Group, LLC