Late Payment Interest Calculations
When late payment interest amount is added to a client under Clients -View Client/Edit tab, the system will calculate interest when an invoiceis downloaded (i.e., PDF icon is clicked ) meaning on that date andinterest is calculated on all unpaid balance. The system will startfrom the oldest unpaid amount and calculate interest, then the systemwill iterate through all other unpaid invoices and calculate interest onunpaid balances. Finally it will total it up and show the interestcharges on the downloaded invoice.
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Payment Methods
With your PayPal account, you can upgrade to a paid plan (or upgrade to a higher plan) online by login to your CaseFox account -> "Settings/Reports" -> "Payment Options." When you upgrade accounts from one level to another, charges are automatically ...
Payment OverDue Reminders
When a case or matter is setup, you can choose payment terms (e.g., due on receipt, 30 days, 45 days). System will keep track of over due invoices based on these payment terms. Overdue notices can be downloaded in ready to be printed PDF/Word format ...
Accounting Advance Payment Without Using Trust Accounting
Suppose you receive advance payment thatcannot be characterized as trust fund. For example, you provided paid consultation, valued $150, but offered to give a credit of $150 against future services. This money has actually been earned by you, hence ...
How to track payment of expenses
Fees and expenses in a case are billed in the same way, by generating an invoice. When client sends a check, they do not specify if the check is for fees or expenses. So you pay the invoices agnostic to whether the payment is for fees or for ...
Get Paid Faster - Send Payment URLs to Your Clients
CaseFox offers automatic online payment functionality so that your clients can pay your invoices online. The payments are automatically recorded by CaseFox. Please follow the following steps to enable online payments: 1. Visit ...