Reports for Managing Projects for Billing

These WorkSov reports can be accessed in the Reports>>Managing Projects section, which comprises the following reports: Resource Allocation – use this report to assess availability of billable resources Budget – budgeted hours, fees, and costs for billing projects Following are the generated reports:    

Term “Fees Collected Amount” on Reports

The total amount of fees collected is the amount collected after expenses, taxes, interest, adjustments, discounts, and commission holdback are subtracted Payments marked with the “written off” type are not included in the total amount of fees collected Additionally, the entries that have been “deleted” (written down) during the invoice Read more

A Reports Overview

With TimeSolv reports, you get a precise analysis of your company’s activities using your own data. Reports can be downloaded in 10 formats for ease of viewing or further analysis. Click the Reports tab to access reports.  

Time and Expense Reports

These reports can be accessed in the Reports>>Time and Expense section which comprises of the following reports: Time Entries Time Entry Summary Expense Entries Missing Time Activity/Task Summary Following are examples of the generated reports:                   

Revenue and Commissions Reporting

The Revenue and Commissions Report enables firms to track allocated payments back to individual timekeepers and optionally calculate timekeepers’ and managers’ commissions based upon specified percentages. The report calculates collected revenue amounts based on the invoice total and allocated payments, which are then proportionally credited to each timekeeper. When an Read more

How to create a report for Billable Matters Only

To run time cards or expense cards reports by a specific category of clients or project/matter, create a category and apply it to client and project. For example, to categorize reports based on billable or non-billable categories, create a category titled Billable and category name as Yes or No as Read more

Custom Fields to Create Reports for Specific Clients, Matters, or Timekeepers

TimeSolv now provides custom categories for clients, matters or timekeepers for filtering all reports.This feature was previously only available for time cards and expense cards reports. For example, you have three types of clients or matters: Divorce, Wills, and Child Custody. You can create client or matter categories under Advanced Read more

Reports for Managing the Billing Firm

These reports can be accessed in the Reports>>Managing the Firm section which includes the following reports: Task or Activity Codes – categories for time tracking.  Required for LEDES billing. Expense Codes  – categories for time tracking.  Required for LEDES billing. Timekeepers and Rates Clients and Projects Tax Listing Abbreviations Following are Read more

Performance Reports

These reports can be accessed in the Reports>>Performance section which comprises of the following reports: Firm Performance Time Budget Client Rankings Timekeeper Profitability Revenue and Commissions Following are the generated reports:                  

Realization Reports

These reports can be accessed in the Reports>>Realization section which comprises of the following reports: Realization per Client Realization per Invoice Realization per Timekeepers Following are the generated reports:          

Invoices, Payments and Trusts Reports

These reports can be accessed in the Reports>>Invoices, Payments and Trusts section which comprises of the following reports: Invoice Summary Aged Invoices Invoices and WIP Aging Cash Receipts Payment History Trust Banking Following are the generated reports:                  

Accounting Reports

These reports can be accessed in the Reports>>Accounting section which comprises of the following reports: Accounts Receivable Ledger Entries Following are the generated reports: