Work-In-Progress Report (WIP)
The Work-In-Progress Report is a powerful management tool for monitoring productivity and accessing potential profitability. For each General Ledger account, it will show how much work has been recorded by not billed.
This report prints a summary of Time & Billing slips which sorted by file number and include Time Activities, Disbursements/Costs, Trust balance and A/R balance for WIP files. It may include a breakdown of both "Hard" and "Soft" costs - provided a General Ledger account has been set up with the 4700-4999 range.
WIP Time & Billing Slips List
This report prints a list of time slips based upon the search criteria entered. Used in combination with the listed options, it can, for example, list all non-billable disbursements for all lawyers and all matters, or list all slips for a particular lawyer entered so far in the current month.
WIP General Ledger Summary
This report prints a General Ledger Summary of all "billable" and "unbilled" Time & Billing Slips. Printing this report updates the WIP General Ledger Control account balances for financial reporting as the specified date. To clear these accounts, see "Clear Work-In-Progress GL" below.
Clear Work-In-Progress GL
Selecting the Clear Work-In-Progress GL option and clicking the "Clear" button clears the Work-In-Progress General Ledger Control account balances.