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The Accounting and Finance Module
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This page will explain some key features that you can access through this module and how they relate to billing.
Time Billing
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The Wise Owl Legal time billing function allows you to enter time for the day for yourself or others in the organisation.
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The time sheet register can be viewed in either units, hours or minutes. 
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This can be edited by going to settings Settings > my settingsMy Settings. Do not use appliance settings > time billing as this only changes the settings for future users.
The default time units also affects the 'Enter Time Records' screen. 
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You can find more information on the Time Billing - Register page.
Disbursements
This category is for any outlays or disbursements that the firm makes. There are two types of Disbursements - Pay Now (Credit Card, Cheque etc) and Pay Later (Accounts Payable).
You can find more information on the Disbursements Disbursement - Register page.
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Recoveries
Recoveries are used when charging a client for use of a business provided service or product that has already been paid for. Recoveries can be referred to as outlays that have been Paid Already. This amount, unlike an outlay, can be marked up.
For example, your business may charge a client $1.00 per page of photocopying. This would be charged out as a recovery.
You can find more information on the Recoveries the Recoveries - Register page.
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Invoicing
Invoicing is the step that will create a bill for the client after you have entered time or fixed fees and any recoveries. There are various statuses of invoices which must be paid close attention.
These are detailed more on the Invoice Register Invoice - Register page.
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External Accounting
This section is primarily used for connecting to your External Accounting system.
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You can find more information on the Finance - Pending External Accounting Register page.
Lists
The Lists area is for bringing in items from the External Accounting System that will help connect, any typing shortcuts, bank types etc.
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You can find more information on the Lists Register page.
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