Acumin Documentation

Collection realization rates - Fees Collected for Selected Invoices

QUESTION: Hi, is there a report that will give me a collection realization rate over a certain period, similar to the billing realization report?  There is the fees billed, collected and written off report, but I think the collected is for the time period specified, not related to the fees billed.

RESPONSE: Yes the fees billed, credited, collected and written off, gives a collections measure that is not related to fees billed measure, however the fees collected on selected invoices report should give you the measure you are looking for.

As a second option the "Fees Billed Collected and Written off – Client role and Working Member Measures" report, also offers multiple collections perspectives using OR or AND operators.  In this case the report offers three radio buttons for three different perspectives on the date range selected. This report includes a report description drill through – button on the upper right side of the filter form.