New Feature Update - Gross Amount

During the last several years we have found firms distribute money a hundred different ways.

Casetrackerlaw has evolved into a system that will allow you to take fees, costs, interest, expenses, add old interest, calculate interest and do just about anything one’s imagination can conceive.

The latest feature we added this week was “gross amount”. I will explain briefly how this works.
The debtor pays you and you either send the check directly to the creditor or deposit into your trust account (without taking out your fees). In many cases the creditor may ACH the money directly from the account. Or you submit the gross amount along with an invoice for your fees, costs, etc. Now you wait for your money to arrive and hope you don’t have to collect from your client.

This method is not one of the favorites of most clients we know, but for certain circumstances you may not have a choice.

In order for this money not to show up on your remittance report and make the proper adjustment throughout the system was a task within itself, but as usual CasetrackerLaw has evolved to adjust for this new feature.

You will find this little feature in the "paid to" drop-down menu in the "payments" tab of money received. If you have any question about this feature and how it works please call our office for details.

Again thanks goes to the law firm of Yates and Schiller in Boca Raton, FL for this latest feature suggestion.