Tip of the Week: Introducing Split Billing - TimeSolv
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Tip of the Week | 2 min read

Tip of the Week: Introducing Split Billing

Written by Scott Clasen

2 min read

TimeSolv likes to focus on the prosperity of our customers, so when we hear from our clients that they need the ability to split their invoices between multiple clients, we ensure to make that happen!

We rolled out our split billing feature last week, allowing users to split Matters/Projects between as many clients as needed, and billing percentages are customized against each client included in the split billing project. This useful feature means TimeSolv can cater to each unique billing need you may have.

For example, let’s say you are representing a minor with two divorced parents. You would first make a Matter/Project the ‘Master Matter‘ – this means the Matter you will be entering time and expense against. Open up the ‘Master Matter’ by going under Clients>Clients&Matters>[matter name]. Once you’ve opened the Matter, you will see a Split Billing tab.

After clicking on the Split Billing tab, you will get a project option of splitting hours and amount, or splitting the hours then calculating the total amount. Once you have chosen the split setting, click on the Add Split Billing Matter button and add as many client-matters as you need to this split billing project.

You will be asked to set a percentage against each new client-matter added, and you must have one Matter with the ‘Remainder‘ checkbox enabled, to avoid any fractions of amounts going un-billed when splitting the costs.

Go ahead and start entering time and expense for the ‘Master Matter’ as you usually would. All the entries will be split when you create a draft invoice for the ‘Master Matter’ and click on the ‘split‘ checkbox before hitting ‘create’.

We’ve taken the hassle out of split billing by creating a flexible yet user friendly new feature, because we like to create value for our customers.

Split Billing Webinar

If you’d like to see more details about how to use split billing within TimeSolv, we’re offering a free webinar on Wednesday, January 31 at 1 p.m. EST/10 a.m. PST. Register now and reserve your spot!

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Support Help

If you’d like TimeSolv support to help you through the process of setting up split billing, call 1.800.715.1284 or schedule a FREE 30-minute session now!

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