TimeNet Law 2.8 is now available! This new version brings over 50 new features and improvements. I am going to highlight 2 of them here in this post. Complete release notes will be at the bottom.
Internal Accounting
This is a big one. This has been the #1 requested feature for awhile now. Let’s take a look at how it works. First, please remember that this is a “1.0” feature release, and we are looking forward to your feedback. Let us know how it works, how it looks, what’s missing, what needs to be changed, etc. We’re listening! That having been said, let’s dive in!
When you open TimeNet Law 2.8, you’ll notice the new Accounts button. This will bring you into the new Accounts view. Here you can add accounts and transactions:
It is very easy to add accounts, and keep track of deposits, withdrawals and transfers. You can search through your transactions, categorize all income and expenses, and create General Ledger reports with total customization:
Non-Destructive Time Rounding
This is a cool new feature used in conjunction with the Automatically Round Timers when Paused, but it works whenever time is rounded. Now, the actual time of the slip is remembered, so when the timer starts again, it will revert back to the pre-rounded time and begin timing. Here is an example.
Below, I’ve timed a slip for 3 minutes and 22 seconds. When I pause the timer, the slip will automatically be rounded up to my preference, 6 minutes:
If you hover the mouse over the time, you can see the actual time:
Whenever the timer is restarted, it will continue from the actual time of 3:22, not the rounded time of 6:00.
So there you go. Just a couple of the more than 50 great new features and improvements in TimeNet Law 2.8. Check out what else is new below, and get your copy now!
In addition to TimeNet Law 2.8, the TimeNet Law Control Center has been updated to 1.4, adding permissions settings for new features and reports.
Version 2.8 – Release Notes
[NEW FEATURES]
– Internal Accounting:
– Create G/L accounts and track money coming in and going out
– Track details of all transactions, with categories
– Transfer funds between accounts
– Create G/L Reports in CSV for spreadsheet or other accounting systems
– Create printed PDF printable/e-mailable G/L reports
– Reports have account, category and date filters so you can see exactly what you need
– Non-destructive time rounding (when time is rounded, actual time is remembered)
– Option to include a matter’s aggregate fees on invoices (can be by matter or by client)
– Option to show matter number on invoices
– New Report: Aged Work in Progress
– Aged A/R Report and Aged Work in Progress Report now let you customize the aging buckets (0-45 Days, 45-100 Days, etc)
– Feature to print a list of all matters and matter numbers organized by client (in File menu)
– New Tax and Late Fee columns in the Client Report (can be shown/hidden like all other columns)
– When adding in parties, a list of all contacts currently in TimeNet Law is brought up
– When a dollar discount is set to total, the discount’s description is now shown at the bottom of the invoice
– Invoices generated can be automatically emailed to the client
– When Bulk Invoicing, you can now send invoices directly to the printer
– New Notes section in client info window
– New Category setting in client info window
– Option to Filter by Timekeeper when Bulk Invoicing
– Option to Filter by Slip Type when Bulk Invoicing
– Option to Filter by Client Category when Bulk Invoicing
– New Client Category filter in main window
– Main window search field now searches parties as well
– Can now do math in decimal time fields (1.2+3.6+2.1 hours)
– New condensed statement on top of invoices
– New option to show full payment history or only payments from the last billing cycle on invoices
– Late fees are now shown on statements
– Aged A/R and Aged Work in Progress reports now work better with the date filter to show historic balances
– Slip description field is now larger
– Trust, Escrow and UAC Reports now have date filters for historic reporting
– When generating draft invoice from the matter window, DRAFT is now indicated on the invoice
[FIXES and IMPROVEMENTS]
– Fixed an issue with Master Matters and Joint Billing
– Fixed an issue when using presets with Additional Charge slips
– Improved time rounding
– Fixed issues with CSV invoices
– Fixed an issue with invoicing with a balance forward with ABK automatic payments
– Fixed an issue with applying funds from an account in the Payment Center
– Fixed an issue with editing a timekeeper slip when the timekeeper is inactive
– Improved the Credit Report with Automatic Bookkeeper payments
– Fixed issues with refreshing the A/R totals in main window
– Fixed issue with addresses not importing in client window
– Improved manually changing late fees
– Fixed an issue with negative balances not showing properly in the main window
– Fixed calculation errors that occurred under very specific conditions
– Improved bulk invoicing with non-billable time
– Fixed issues with the floating timekeeper timer window
– Fixed an issue with Fee Collections in the Monthly Timekeeper Report
– Fixed an issue where For My Eyes Only time showed in invoice time subtotal column
– Fixed an issue where the trust balance wouldn’t refresh in the Payment Center
– Fixed an issue with running Automatic Bookkeeper manually causing data issues
– Fixed an issue that could cause a crash at startup with a blank database
– Improved Slip Analysis Report’s export function
Download TimeNet Law 2.8 Now!
Download TimeNet Law Control Center 1.4 Now!