Defines a period for the report to: 

• Capture only transactions dated within this selected period.
• Display the 'Trade Receivable Balance' as of the chosen 'End Date'.

Allows the report calculations to exclude or include reversals of transactions dated outside the date range.

• Exclude reversals of those transacted outside the date range (default). 
• Include reversals of those transacted outside the date range.

NOTE:

• The relevant reversals include reversals of invoices, invoice adjustments, and payments received.
• This setting change may affect the calculations for the following sections of the report: Invoices & Adjustments, Allocation, and Payments.  

Example: 

If you choose to include reversals of those transacted outside the date range and the Start Date and End Date are set to 01/01/2024 and 31/01/2024, respectively, the report will include the reversal of an invoice dated 25/12/2023 (which is outside the specified date range), provided that the reversal date itself is within the specified date range (e.g., 10/01/2024).
Likewise, the report will include a reversal of an invoice adjustment or payment received dated outside the specified date range, provided that the reversal date itself is within the specified date range. 

Inc Tax: Displays the total value of Final invoices dated within the selected period less the total value of invoice reversals dated within the selected period. The amount is inclusive of tax, and further broken down into: 

• Ex Tax: The tax-exclusive amount included in the 'Inc Tax'.
• Tax: The tax amount included in the 'Inc Tax'.

Inc Tax: The total value of invoice adjustments (including invoice write-offs) dated within the selected date range less the total value of adjustments reversals dated within the selected date range. The amount is inclusive of tax, and further broken down into: 

• Ex Tax: The tax-exclusive amount included in the 'Inc Tax'.
• Tax: The tax amount included in the 'Inc Tax'. 

Provides a breakdown of the total Invoice amount into:

• Fees (GL Account Code): The total amount of professional fees (Time & Fees) billed, including tax-inclusive (Inc Tax), tax-exclusive (Ex Tax), and Tax amounts.
• Expense Recoveries (GL Account Code): The total amount of Expense Recoveries billed, including Inc Tax, Ex Tax, and Tax amounts. 
• Expense (GL Account Code): The total amount of Expenses billed, including Inc Tax, Ex Tax, and Tax amounts. 

NOTE:

• The figures are calculated taking into account the invoice reversals occuring within the selected period.  
• The Tax column provides a breakdown by Tax Code under 'Tax Splits'. 
• The GL Account Codes match your firm's General Ledger Account Codes settings located under Settings > Application Settings > Accounting > General Ledger.

• The calculation includes the amounts of Retainer applied to invoices.  

Refers to the Accounts Receivable Balance as at the 'End Date', calculated as the total outstanding Invoice balance of all matters minus the total Retainer & Credits balance of all matters as at the 'End Date'.

NOTE:

This amount is expected to match the Accounts Receivable Report's Grand Total amount, when the 'At Date' of the Accounts Receivable Report matches the 'End Date' of this report and the Accounts Receivable Report's other filters are set as follows:

• Invoices: 'Printed (Sent) Final' only.
• Include Inactive Staff: Yes.
• Staff Responsible, Acting and Assisting, Introducing Lawyer, Billing Category: all set to 'All Items Selected'.