How do I create an Accrual Invoice in Collaborati

Header Information

Fill in pertinent Header information.

• Choose Accrual from the Invoice Type field in the invoice header.
  Note: If the Accrual choice in Invoice Type is not shown, report the problem to the client.
• “Invoice Date” must occur after “Invoice Period”. (Note the Invoice Date can be a date in the future.)

      Example: If I am submitting October’s Accrual on 10/16/2020,

      I can enter the Invoice Date as a date next month, 11/1/2020

      And the Invoice Period as 10/1/2020 – 10/31/2020

 Recommendation: We recommend leaving “Invoice Total” at $0.00 as Collaborati will automatically add the amount.

• Place a brief description of the invoice in the “Description”. 

 

• Click Next.

Line Items

You can enter a one line accrual which will include estimated fees and expenses, or you can enter a two line accrual to separate the fees and expense. Below is an example with two lines.

Fee

• Select your Matter. 
• Choose Total Fee in the Item Type drop-down menu. 
• Enter the line item date.

  Important: Ensure the start date on the line item is within the Invoice Period.

• Enter the Amount (Please check with client do they add an amount?)
• Click Add Item. 

Expense

• Select your Matter. 
• Choose Total Expense in the Item Type drop-down menu. 
• Enter the line item date.

    IMPORTANT: Ensure the start date on the line item is within the Invoice Period.

• Enter the Amount (Please check with client do they add an amount?)
• Click Add Item. 
• Review the line items and click Next.

Taxes & Discounts and Attachments

• Taxes & Discounts (you can skip this section)

      Click "Next".

• Attachments (you can skip this section)

      Click "Next".

Review and Submit

Review the accrual invoice for accuracy. If everything looks correct, the invoice is ready to submit to the client.