Net Realization - Fees Only - No Reversals

The Net Realization Report without Reversals is a custom report style that provides an analysis of actual versus billed dollars less credits and write offs during a specified invoice date range.  The report shows original and billed dollars, gross realization (difference between original and bill amount), credits and write offs and net realization (bill amount less credits and write offs).  The Net Realized Rate is the true billable rate you are charging after factoring in write ups/downs, credits and write offs.  Unlike the standard Net Realization Report, this report DOES NOT factor in reversals.

Sort Orders
Client Name
Client-Matter Number
Responsible Attorney
Managing Attorney
Originating Attorney
Project Attorney
Type of Law
Department
Location
Working

Options
One or All of Sort Order Type
Invoice Date Range
Detail Level
    Client
    Client-Matter
    Client-Matter, Timekeeper
Include Inactive Timekeepers
Page Break on Group Change
Various Summary Options
Various Filter Options
    Client-Matter
    Responsible Attorney
    Managing Attorney
    Type of Law
    Department
    Working Attorney
    Staff Level
    Practice Group
        Location

Explanation of Report Info/columns
Listed below are the columns on the Net Realization - Fees Only - No Reversals Report and an explanation of what the value in each column represents.

Original Amount - the original value of billable dollars billed during the report date range.

Billed Amount - the bill value of billable dollars billed during the report date range.

Adjustment Amount - the difference between the Original Amount and Billed Amount columns.

Gross % - the percent of original dollars actually billed (Billed  Amount / Original Amount).

Gross Rate - the rate actually billed (Billed Amount of Fees  / Original Value of Billable Hours).

Write Offs - WO transactions applied to Fees.

Credits - CR transactions applied to Fees.

Net Value - the Billed Amount reduced by write offs and credits.

Net % - the percent of Net Value to Original (Net Value / Original Amount)

Total Charge Offs - the difference between the Net Value and the Original Value

Net Rate - Net Value divided by Original Hours.

For pricing on this report, please contact Orion at support@orionlaw.com or 1-800-305-5867