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What's The Difference Between Balance Due and Overdue Balance?

Question:

  • What does Balance Due and Overdue Balance mean?
  • Overdue Balance wrong on Statements of Account

Environment:

  • Clio Manage

Additional Information:

n/a

Answer:

The "Balance Due" that appears on the Statement of Accounts refer to the total amount that is currently outstanding for the client, while the "Overdue Balance" refers to the balance that has not been paid within the specified grace period.

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