Credits and Write-offs

Writing Off AR Balances and Crediting Clients/Matters/Bills

Use the apply credit dialog on a client record, a bill or a matter to reduce the amount owed by a client.  Applying a credit allows you to reduce a client's AR balance, and allocate the write off as you desire.  

1. Select Apply Credit from Actions button on Client, Matter or Bill
   
   
   
2. Enter the Amount of the Credit and fill our the "Type" field.
   • This is for reporting purposes and to show on bill or statement. 
   • Both the Type and Ref Number show on the client bill or statement
     
     
     

Next Steps:

1. 1. Optionally select a bill to apply the credit to.  If you do not select a bill or matter, the credit will be left available on the client to use for any matter or bill for that client.
   2. You may manually allocate the credit to timekeepers or expense on a bill using the Edit button in the allocation column on the bills grid.
      
   3. Save and close the credit to complete the transaction.

Credits will not affect fees received, P&L, etc. as they simply reduce the client AR balance for the Client and Matter.  Credits will be posted and show on the next bill generated for the client.