Tip of the Week: Commissions - TimeSolv
Tip of the Week | 1 min read Share:

Tip of the Week: Commissions

Written by Maleeha Ahmad

1 min read

Enabling commissions allows Timekeepers to earn specified percentages on Matters they work on. This week’s Tip of the Week takes a look at how to enable commissions, set them up for Responsible and Originating Timekeepers on the Matter, and run a Revenue & Commissions report.

To enable commissions, click on Account>Settings>General>Enable Commissions.

Originator Timekeeper commissions can be set under Clients>Clients & Matters>[Matter name]>Originators. TimeSolv allows users to add as many Originating Attorneys as needed against a Matter so that commissions can be distributed accordingly, and Administrators can specify a commission for each of the Originating Attorney added against a Matter.

Users with access to reports will also be able to see the commissions for each Originating Attorney at the reporting level. The reports that currently run Originating Attorneys are:

  • Invoices and WIP Aging report
  • Payment History report
  • Revenue and Commission report

Commissions for Responsibly Attorneys can be set under the Matter details: Clients>Clients & Matters>[Matter name] – under the ‘General’ tab there is a field to specify the ‘Responsible Timekeeper’. Once you select the Responsible Timekeeper, you will see a new field appear allowing you to define the commission amount.

 

Revenue and Commissions Report

Commissions on reports are only visible to Administrator users. To run a Revenue and Commissions report head under Reports>Revenue and Commissions Report. This report will display revenue and commissions collected per Timekeeper and Responsible Timekeeper. Commissions will appear with a percentage column and the amount collected column against the Timekeeper and Matter.

 

If you’d like to contact TimeSolv support for help, please call 1.800.715.1284 or schedule a FREE 30-minute session now!

SCHEDULE MY SESSION

 

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