Firm Summary - Firm Performance Dashboard

The Firm Summary section provides an “at a glance” view of the Firm’s performance for the current month, current year and last 12 month period.  The values in this chart do not change if you choose to view one Responsible Attorney but always reflect Firm Totals.

Cash Balance - cash balance for operating accounts.  Accounts to be included in this are determined in Accounts Payable Bank Setup.

Open Vouchers - posted but unpaid Vouchers on operating accounts. Accounts to be included in this are determined in Accounts Payable Bank Setup.

Billable Dollars - total Billable Dollars entered in the system.

Average Rate - the average rate at which billable time has been entered in the system.  This number is calculated by taking total Billable Dollars and dividing by total Billable Hours.

Billed Dollars - total Dollars Billed on Billable Matters.

Average Billed Rate - the average rate at which time was billed.  This number is calculated by dividing Billed Dollars by the Original Hours Billed.

Fee Payments - total payments applied to Fees (Payments, Retainers Applied as Payments, and Trust Applied as Payments).  This number does not factor in reversals.

Average Collected Rate - this number is calculated by dividing total fee payments by total Billable Hours worked during the same time frame.

Fee CR/WO - Total Write Offs and Credits applied to Fees.

Average CR/WO - this number is calculated by dividing total Fee Credits/Write Offs during the last 12 months by 12.

Total Fee WIP - total Unbilled Fees on Billable Matters.

Average Unbilled Days - this number is calculated by dividing Total Fee WIP by the average daily billings for the last 12 months.  Average Daily Billing is calculated by taking Billed Dollars for the Last 12 Months and dividing by 365.

Total Fee AR - total unpaid fees.

Average Uncollected Days - this number is calculated by dividing Total Fee AR by the average daily billings for the last 12 months.  Average Daily Billing is calculated by taking Billed Dollars for the last 12 Months and dividing by 365.

Matters Opened - number of Matters opened during the specified period.

Total Open Matters - total open Matters.