Enhanced Billing Mode offers a set of billing reports that was unavailable in Classic Billing. Below is a summary of each report with links to more in-depth articles. Select the report name heading to navigate to the main article for that report.
To jump straight to the Billing Reports section of this user guide, click here.
The Fee Earner Productivity Report provides two comparison date ranges to gauge the productivity of all timekeepers/fee earners in your system. For each timekeeper, a row of information is displayed that contains the value of the following:
Percent of payments received against the total of what has and what can be billed.
The data points are displayed in a table that, by default, displays these values for both month-to-date and year-to-date periods. Both date ranges can be changed to reflect the most useful comparison periods for your purposes.
The WIP report provides breakdown and summary options to view current work in progress. The report displays values for fees and expenses (disbursements) that have yet to be billed. This is useful to see the amounts that can or will be billed in the future.
The WIP report offers various filters and layout options to display the information that is most pertinent to your needs. This is the report to see the value of unbilled fees and expenses by client, matter, matter type, responsible lawyer, and/or bill type.
The Fee Allocation Report displays payments and their timekeeper allocations from a specified date range. This is useful to see the value of work completed by each fee earner. The report includes filters and summaries by various criteria to offer the best information for your reporting needs.
The Client Transaction Report shows a complete chronological history of the billing transactions that have occurred on a matter. The report includes time, expenses, invoices, payments, write-offs and trust activity. This is useful to see a detailed history of transactions.
The Time and Fee Entries report provides a list of all fee entries per matter. It includes summaries, write-offs, and worked vs to bill settings. Each entry provides insight into whether it has been billed and which invoice contains the entry, or if the entry is unbilled.
The Write-Off Report details all write-offs on invoices. Write-offs are displayed per invoice and as in a summary for your entire firm. This is the ideal report for gleaning how much has been written off by matter, matter type, responsible lawyer, fee credit lawyer, invoice, client, or even your entire firm.
The Bill journal provides a list of invoices by matter. It displays the most pertinent details with summary options to make it easy to glean your current standing across all bills in the system.
The Aged Receivables report details all outstanding invoice balances and aging information on those receivable balances. This provides insight into how much money can be received to your organization and how long the balances have been outstanding.
At a basic level, the report provides a snapshot of any every matter at a given date and for that matter show:
The Accounts receivables (the unpaid bills and unallocated credits)
The WIP (unbilled time and disbursements
The balance of trust funds
The balance of the general retainer
This is useful to any user to get an understanding of the potential income that a firm could generate at any given point in time.
The Client Profitability Report provides a wealth of information that provides real insight into KPI's for your firm. You can see how your firm is performing on work billing and collections. You can glean performance on staff, clients, and practice areas.
The report summarizes the work performed, what has been billed, and what has been collected. These totals are calculated to provide both a billing and collection realization rate.