If you've noticed deposits in transactions but nothing is showing up in the client info screen, don't worry. This is likely a result of the deposit being a direct payment for an invoice and not a deposit, which is why it won't show up in the financial information. To better understand this and other invoicing-related terms in Lawcus, here's a quick rundown:
Credit balance refers to the balance of a client's operating account, while the trust balance is the total balance in a client's trust account. Uninvoiced entries are time entries that have not yet been invoiced, while the outstanding balance is the total of all invoices sent to a client, including those that are partially paid, overdue, or still in draft form.
By understanding these invoicing-related terms in Lawcus, you can accurately track financial information and ensure that your reporting is always up to date. If you have any further questions or concerns about invoicing in Lawcus, reach out to their support team for assistance.
[invoicing, financial info, direct payment, deposit, credit balance, trust balance, uninvoiced, outstanding balance, financial reporting]