Disbursement Accounting

Recording outlays made on behalf of clients constitutes a large part of the posting activity in most firms. In addition to simply recording the debit on the client ledger, LawPro can help you keep track of disbursements, particularly those that have been paid from firm's funds. Anticipated disbursements (where you know that a charge has been incurred but for which you have not received a bill) can be posted in order to avoid forgetting to bill them. When it is time to send the bill all billable items and activities can be viewed by the fee earner on a billing guide. Once the bill has been produced you can keep track of payments and analyse the resulting income.