INVOICE NUMBERING IN TIMESLIPS Firms typically use sequential invoice numbers for the entire bill run. In other words, if the first invoice number for the month is 1001, the 12th invoice number will be 1012. In Timeslips, this is known as GLOBAL INVOICE NUMBERS. Occasionally, certain clients will require that their invoices be numbered sequentially [...]
Timeslips “HOLD” Feature Timeslips has 2 ways to hold slips to delay billing specific entries: SLIP HOLD feature – Hold a single slip (example: an expense was not paid yet and should not yet be billed; or some of the client work will appear with another project) CLIENT HOLD feature – Hold the client’s bill [...]
General Settings in Timeslips is the area of the program where you can: Change your firm’s address Increase the number of characters in Nickname 1 or Nickname 2 Define the separator used for client.matter (see Consolidated Bills blog post dated March 7, 2012 ) Specify defaults when adding new clients, timekeepers and activities Turn on/off [...]
FLAT FEE BILLING IS GAINING POPULARITY IN LAW FIRMS ABSOLUTE, MINIMUM, MAXIMUM FLAT FEE ARRANGEMENTS Timeslips offers flat fee billing in 3 basic varieties: Absolute Flat Fee Charge covers all fees (or fees plus expenses). Slips that are associated with an absolute flat fee derive their value once the fee is completed. Minimum Flat [...]
Your database has an error in an index file. What does it mean? Is my data lost? The key to understanding error messages is to read the description. The above error indicates that the problem is with the Change Log. The change log tracks changes made to the data and if corrupt, can be [...]
Do you know what the “Timeslips Data Entry Assistant” is? The information can be very valuable when researching what a person entered on a specific day or other time period. Here are some answers to questions which will illustrate the value of this tool: Q: How do you get to the Data Entry [...]
Consolidated bills include information from more than one of a client’s projects or matters, with the option of a summary at the end showing totals for each matter. Timeslips has two ways to address clients with multiple matters. Your firm can adopt either one, or a combination. The two ways are: References (or projects) and [...]
DATA BACKUPS — INSURANCE YOU CANNOT AFFORD TO IGNORE How many times do you hear your computer people ask about backups? I hope you hear it a lot! And I hope that you pay attention. Teenagers often think they are resilient to bad things happening to them. They cannot imagine they will have an auto [...]
Accounts Receivable Tools Timeslips by Sage offers many different ways to view accounts receivable data: Aged Accounts Receivable Balances- A list of clients and their balances aged over 30-60-90 days. This report can be broken down by fees/costs/interest, it can include last bill and last [...]