Matter invoice adjustments report

Overview:

A new report, Matter invoice adjustments,” has been introduced in evergreen. This report provides users with the ability to analyze adjustments made to invoiced matter transactions, offering greater insight into matter financials.

Key features:

• Detailed adjustment reporting: Provides a comprehensive view of adjustments made to invoiced transactions, helping users understand financial changes in detail.
• Customisable filters: Allows users to select specific project types, transaction types, invoicing periods, and levels in the project/matter hierarchy for tailored reporting.
• Grouped data presentation: Displays amounts grouped by project/matter, showing originally posted quantities and amounts, invoiced amounts, and adjusted amounts.
• Discount tracking: Presents discounted amounts in a separate column when discounts are applied, enhancing transparency in financial reporting.

How it works:

To run the “Matter invoice adjustments” report, navigate to Matter management and accounting > Inquiries and reports > Matter invoice adjustments.

Users can customise the report by selecting specific matter types and transaction types to include. It also allows filtering by invoicing period and selecting the levels in the matter hierarchy to display.

Note: The “Matter level” must be set to at least 1 to display any matters in the report. Ensure this setting is correctly configured to view the desired data.

The report groups amounts by project/matter. For each transaction type, it displays:

• Originally posted quantities and amounts
• Invoiced quantities and amounts
• Adjusted amounts (the difference between the originally posted and invoiced amounts)
• Discounted amounts, if discounts are applied, shown in a separate column

This report provides detailed visibility into invoice adjustments, helping users track and analyze financial changes effectively.