Anticipated disbursements

Anticipated Disbursements are (typically) professional disbursements that a law firm expects to be incurred during the life of a matter. A new user experience is provided at Matter level and also at invoice proposal level to create and post anticipated disbursement and invoice to client. This feature is controlled by parameter in matter management and accounting parameters form.

After receiving the original invoice from the supplier, user can book the original invoice and in the generated invoice proposal match the earlier posted anticipated disbursement using the anticipated disbursement line form at invoice proposal transaction level.

Anticipated disbursement details can be viewed on the matter inquiry form.

A new report showing the anticipated disbursement breakdown report has been added in this release. This report can be generated based on Client Id, Matter Id or Matter partner. Report transactions will be grouped by Matter. Some of the information that can be seen on the report is as follows –

• Anticipated disbursements posted but not invoiced to client will be displayed under ‘ADIS Unbilled’
• Once the same is invoiced to client, value will be displayed against ‘ADIS Billed’ and clears the value against ‘ADIS Unbilled’
• Once the original supplier invoice is matched with anticipated disbursement line at invoice proposal level, Actual supplier invoice amount will be displayed in ‘Invoice amount’ column.
• The difference of Invoice amount with matched Anticipated disbursement amount will be displayed in ‘Net difference’ column.