Remittance Statement Configuration

The following configurations will determine what information will be reported on the Remittance Statement, how it will be presented, what additional reports will be included and what transactions to include in the remittance.  

 Quick Links

• Collection_Receipts
• Collections_Receipts_Applications
• Fees
• Fee_Invoice
• Costs
• Cost_Invoice
• Client_Remittance_Summary
• Invoice_Summary
• Trust_Account_Activity
• Client_Cost_Account
• Firm_Account
• Suppress_Zero_Line_Items
• Trust Account Activity Page Break
• Print_Remittance_Report
• Print_Invoice
• Print_Remittance_Summary
• Print Remittance Recap
• Report_Sort_Order
• Remit_On
• Cost_Detail_Sort_Order

For most settings, you will make a selections for the following configurations by clicking the and selecting the appropriate option.  

• Always Print  will print the section information on the statement every remittance regardless of current activity during this remittance period.
• Never Print  will exclude the section information on the remit statement every remittance regardless of current activity during this remittance period.
• Print if Total Is Non-Zero  will print the section information if the total is not equal to zero regardless of current activity during this remittance period.
• Print Only If Activity  will only print the section information if there has been activity during this remittance period.

 Collection Receipts

This section include a total of debtor payments and returned checks received by the law firm, received by the receiving attorney and received by the client that have been released during this remittance period.  (The remittance period is time between last finalized remittance and the process thru date for this remittance.)   It will also include any over-payments that have been returned to the debtor or adjusted off the debtor's account during this remittance period.  

 Collection Receipts Applications

This section includes a total a breakdown of how much principal, interest, fees (court awarded), costs, other and over-payments were paid in the payments to be released in this remittance period.

 Fees

This section includes a detailed accounting of collection fees on the debtor payments release this remittance period, the client and the receiving attorney, both contingent and non-contingent suit fees, flat suit fees and credits from the firm and trust accounts.

 Fee Invoice

This section includes a listing of the Fee Invoice and any Credits the Remittance will be applying towards the invoice.  

 Costs

This section includes a detailed accounting of costs and cex transactions posted and recovered during this remittance period.

 Cost Invoice

This section includes any costs and cex transactions to be invoiced to the client for this remittance subtracted by any credits applied during the remittance period or during the remittance process.   

 Client Remittance Summary

This section includes debtor payments released during the remittance and any allocations of these funds to costs, fee or other transactions for a total of the funds to be release to the client in this remittance period.

 Invoice Summary

This section includes a summary of all fees and costs to be invoiced, any open invoices and any credits that have been applied to the invoices this remittance period.

 Trust Account Activity

This section includes a summary of transactions that have occurred in the remittance period for the account with a balance summary.  

 Client Cost Account

This section includes a summary of transactions that have occurred in the remittance period for the Client Cost Account with a balance summary.    This section should be set to never print or print only if activity if you are not using a Client Cost Account.

 Firm Account

This section includes a summary of transactions that have occurred in the remittance period for the account with a balance summary.  

 Suppress Zero Line Items

This will allow you to not print line items that have a total of zero to reduce the size of the remittance statement report.  You may choose to print all items by clicking the button and selecting Print Zero Line Items.

 Trust Account Activity Page Break

This configuration allows you to have a page break between the last summary section of the Remittance Statement and the Trust Account Activity section.  Chose this option if you do not want your client to receive the Trust Account information but would like to print this for your firm records.

 Print Remittance Report

You can select to Print a Remittance Report.  This report lists each account that have had payments or cost expended during the remittance period.  The remittance report can be configured to print additional fields.    

Remittance Report

 Print Invoice

You can select to Print the Invoices if the Remittance Process generates an invoice.    

Remittance Invoice(s)

 Print Remittance Summary

You can select to Print a Remittance Summary along with this Remittance.    

Remittance Summary Report

 Print Remittance Recap

You can select to Print the Remittance Recap Report along with this Remittance.  

Remittance Recap Report

 Report Sort Order

This option is used when printing more than one client remittance at a time.  You can select to order the Remittance by Client Name or Id.  

 Remit On

You may select to Remit All Transactions (the typical remittance setting), Exclude Direct Payments (remit only payments paid to the Firm), Remit Direct Payments Only.

 Cost Detail Sort Order

You can select to list the Reference Number or Network Number on the Cost Detail Report.   The Cost Detail Report must be selected to be printed in the Advanced Options.

Once the configurations have been set, users may save these selections by clicking the button.  Defaults may be saved per client, client groups or all clients.