Xero – Enable Payment/Credit Sync

Users need to set up the sync settings before they can sync for the first time. Click on Accounts>Integrations>Xero – Non-Certified>Sync Setup to get started.   Enable Payment/Credit Sync Click on Enable Payment/Credit Sync checkbox   Configure the following accounts: a) Payments Account. Select a ‘Current Asset’ or ‘Bank Account’ type Xero account to record Read more

Reports – Payment History

Purpose & Benefit: Monthly reports are valuable tools in building a successful law practice. They provide you with detailed information about your firm from a variety of financial and management perspectives. Used properly, monthly reports can help you identify what is working within your business and what needs improvement. Gain fresh insights Read more

Reports – Ledger Entries

Purpose & Benefit: Monthly reports are valuable tools in building a successful law practice. They provide you with detailed information about your firm from a variety of financial and management perspectives. Used properly, monthly reports can help you identify what is working within your business and what needs improvement. Gain fresh insights 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

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

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

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

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

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