Working with the Matter Budget Dashboard

Matter Budgets is available to subscribers of our Elite plan.

You can upgrade to the Elite plan in the app, or if you’re interested in seeing how this feature can work for your law firm feel free to contact us by email or give us a call at 1-888-858-2546 (choose option #1).

Once you have added the budget details to the Matter and have clicked the "Save" button, account users with Billing permissions will be able to view the Matter Budget Dashboard.

  1. Budget tracking meter: This meter will show your spending progress on this Matter (all billed and unbilled time and expense entries recorded on the Matter). If you have specified a budget threshold, then the meter will turn red once the threshold has been reached.
  2. Budget Forecast: Shows the number of hours that you can work on the Matter before reaching the budget limit. This value is based off of the rate hierarchy: Matter Rate > Client Rate > Default Rate.
    Click the  button to add a new time entry.
  3. Total value of billed time: Shows the total dollar value of time billed on the Matter so far.
    Click the  button to add a new time entry.
  4. Total number of billed hours: Shows the total number of hours billed on the Matter so far.
    Click the  button to add a new time entry.
  5. Total value of billed expenses: Shows the total dollar value of expenses billed on the Matter so far.
    Click the  button to add a new expense entry.
  6. Accounts Receivable: Shows the outstanding balance of bills on this Matter.
  7. Client Trust Funds: Shows the balance of funds in trust at the Contact level.
  8. Matter Trust Funds: Shows the balance of funds in trust at the Matter level.