The report shown below summarizes outstanding work in progress (unbilled time and expenses) by client in a convenient aged format. The Wip Allowance represents any progress bills that have been sent out against uncleared time.
This comprehensive pre-billing detail report shows unbilled time sorted in a variety of formats. Also shown is the billing history, year-to-date realization information, and total account balance information. The report footer shows any unbilled expenses and an aging of the work in progress. A variation of this report - work in progress history - shows detailed information about billed slips and adjustments.
The multi-purpose, comprehensive dashboard can be accessed by multiple billing partners at the same time improving small to medium office billing efficiency. Keeping track of your time helps to verify that you are billing correctly. It creates a correlation between the cost of the service provided in relation to the fee charged. For those not familiar with the process of value billing, click here to view the preparation of a sample invoice.
Invoices are posted after they have been previewed and/or printed from the Billing Dashboard. Invoices can be emailed from the posting screen. Auto-payments can also be entered from the posting screen.