Overview of Billing and Payments Process

Generating invoices in TimeSolv is an easy and efficient process. This overview explains the process of generating, editing and sending bills to your clients. Creating an Invoice Generating an invoice requires the selection of just a few criteria. Simply choose the client and date range, and TimeSolv automatically creates a Read more

Payments

Purpose & Benefit: In a field that is constantly driving towards more efficiency and productivity, clients and businesses are both seeking easier and quicker methods of payment processing. The last thing you want is to waste time chasing down invoices or spending hours on the phone trying to fix a Read more

Payment Settings

Purpose & Benefit: Easily set up Trust Accounting and/or Bank Accounts under Payment>Settings so that you can receive payments in these accounts via our portal. Improve client relations by streamlining the payment collection process while also simplifying the invoicing and payment collection process.   VIDEO: To access the payment settings: Select Read more

Enable payments in the portal

Purpose & Benefit: You can allow clients to pay their bills through the client portal if your LawPay account is connected to TimeSolv. This allows you to get paid faster by accepting online payments. And another great benefit of using TimeSolv is that your clients do not need to have an account and Read more

Allocating a Payment

Purpose & Benefit: Payment allocations are a part of payment tracking and important for a successful business. You need to know how much money you are owed, and to do this you must allocate correctly to know which invoices have been paid. It also means a healthier cash flow without Read more

Paying Other Parties and Refunds from Trust Account

VIDEO:   To pay a third party from a Trust Account whose charges are not represented on an invoice or if the balance has to be refunded to the client click on Trust under Payments tab and create a disbursement entry against the desired trust or retainer entry: Select Trust Read more

Refunds to Clients

For most law firms, the client balance should be in the Trust Account. To refund from the trust account, click here. The following are three different situations related to issuing credits back to the client if the funds are currently located within an operating account i.e. the Payments tab:   1. The Read more

Write Off a Sent Invoice/Bill (partial or full)

Purpose & Benefit: In a field that is constantly driving towards more efficiency and productivity, clients and businesses are both seeking easier and quicker methods of payment processing. The last thing you want is to waste time chasing down invoices or spending hours on the phone trying to fix a Read more

How to Receive Payments From LawPay Into Your Trust Account

Purpose & Benefit: You can allow clients to pay their bills through the client portal if your LawPay account is connected to TimeSolv. This allows you to get paid faster by accepting online payments. And another great benefit of using TimeSolv is that your clients do not need to have an account and Read more

How to Clear a Duplicate Payment

Purpose & Benefit: You do not want to waste time by spending hours on the phone to rectify a mistaken duplicate payment. This is why legal billing software such as TimeSolv is so useful. Check out the simple steps below to quickly and seamlessly delete duplicate payments. VIDEO: If you Read more