Objective:
- How the Expected Amounts are calculated on the Personal Dashboard
Environment:
- Clio Manage
Additional Information:
For more information on the the Financial Metric Targets are calculated click here.
Answer:
Expected Billings are calculated as follows:
This Year
This Year Target / 365 days * Number of days in the year so far
Eg. $300,000 / 365 * 133 (May 13) = $109,315.07
This Month
This Month Target / 31 days * Number of days in month so far
Eg. $25,000 / 31 * 13 (May 13) = $10,483.87
This Week
This Week Target / 7 days * Number of days in the week so far
Eg. $5,769.23 / 7 * 4 (Thursday) = $3296.70
Today
Today Target / 24hrs * Number of hours in the day so far
Eg. 1,153.85 / 24 * 14hrs = $673.08