In addition to a clear overview of services and invoices, timeSensor LEGAL also provides an excellent overview at the mandate level.
Flexible invoice display
All information from CRM, DMS and accounting comes together in your client’s dossier. That’s why you can also see invoices issued directly in the dossier, in the context of the right mandates. You can decide whether you prefer to call up an invoice via the dossier or via the invoice lists.
A quick billing system reduces the risk of service write-offs. To keep your work and invoicing in sync, you can set a budget for each mandate. If this budget is exceeded, timeSensor LEGAL will remind you with a ticket that you should create the next interim invoice. A traffic light system always lets you know whether there’s still enough time left, or a fee budget available for a mandate, so that you can spot any cost overruns before they even occur.
timeSensor LEGAL software generates and settles invoices in line with double-entry bookkeeping guidelines. This means you can enter your accounts and cost centres in the database, and if incoming payments are booked, timeSensor LEGAL automatically generates these bookings. Posting takes place either according to received fees (ACTUAL taxation) or according to agreed fees (TARGET taxation). Invoices with mixed tax rates are also possible, so changing VAT rates doesn’t lead to extra hassle.