How do I Apply a Retainer to a Split Billing Matter?
When using split billing, CARET Legal will create sub-matters, or child matters, for each party that is responsible for a percentage of the billed amount.
The parent matter will display all the associated information for that matter, however the AR Balances will be assigned to each child matter for the respective primary client. Each time invoices are generated, a separate invoice is created for the respective child matter based on the percentages set in the Split-Billing Tab. The Parent Matter will never have it's own AR balance.
When using retainers, the retainers should be assigned to the child matter, not the parent matter.
The matter numbers will appear differently based on your Matter Numbering format. When creating the retainers, you would select the Matter Number that matches the child matter, not the parent matter.
If you deposit the retainer to the parent matter, there will be no invoice available to apply those funds too since the balance is associated with the child matter.
How Do I Apply a Retainer to Invoice(s)?
With "Apply Retainer" you are able to apply multiple payments from a specific bank account (that were entered in as new retainers) to multiple invoices from a specific matter Go to the Accounting section, click the "+" on the green action bar ...
What is Split Billing and How Do I Use It?
Split Billing allows you to divide the invoiced amount for services and expenses on a singular matter between multiple parties. First, make sure Split Billing is enabled on the Matter-Level. This can be done when you are creating the matter under ...
How do I apply direct payment to more than one invoice for a client?
With "Apply Direct Payment" you can add one payment to multiple invoices from multiple or specific matters for a contact Go to the Accounting section, click on the "+" and click Apply Direct Payment. This will allow you to apply a payment to a ...
What is the Split Compensation Report?
The Split Compensation Report is one of Zola Suite's advanced reports that allows you to see data by user for matters that they are a responsible or an originating attorney for. (if they billed for a matter that they are not an originating or ...
How Do I Record a New Retainer?
When taking in any kind of advanced client payment, retainer or recording a deposit to the Trust account you will want to enter it as a New Trust/Retainer Payment. You can also create a retainer with a credit card via APX . Go to Accounting section ...
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