KCS - How are Partial Payments Reflected on the Fee Allocation Report?

Objective:

  • Partial payments on the Fee Allocation report

Environment:

  • Clio Web App

Additional Information:

n/a

Answer:

When a partial payment is received on an invoice, these funds are allocated equally based on proportion.

For example:

  • An approved invoice exists for $4000
    • $3000 of this is time entries and $1000 is expenses
  • User A has billed for $2000
  • User B has billed for $1000 and is responsible for $1000 of expenses

In terms of expenses and time entries:

If a payment of $2000 is received on this invoice, $1500 of the payment will go toward time entries, and $500 will go toward expenses (as they make up 75% and 25% of the invoice subtotal, respectively).

In terms of splitting between timekeepers:

Of the $1500 going toward time entries, User A will receive $1000 (66.67%) because she is responsible for 66.67% of the time entries on this invoice. User B will receive $500 (33.33%) because she is responsible for 33.33% of the time entries on this invoice.

Of the $500 going toward expenses, User B will receive $500 because she is responsible for 100% of the expenses on this invoice.

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