Troika Accounting: Time & Billing
Complete your Troika Accounting System with
Time
One Complete System
Troika Accounting offers optional time, fees and billing functionality to create one complete software system for your business needs.
Multiple stop watch capability makes it simple for fee earners to work on multiple clients simultaneously.
Effortless ad-hoc billing allows you to create a bill at any point for any client or group of clients.
Fully editable bills ensures that WIP never gets lost in a saved draft but is always reported on.
Flexible fixed or ad-valorem fees and standard charges provide comprehensive options for chargeable activities.
Compare our software against your current solution
From flexible fee calculations to comprehensive bill production,
Time & Billing is the perfect companion for your Troika Accounting system.
EXTENSIVE TIME AND BILLING TO ENHANCE YOUR TROIKA SYSTEM
Time & Billing is the comprehensive yet flexible addition to any Troika Accounting system. With the ability to calculate fees on the basis of raw time or user definable rates for work types or job codes and extensive bill production capabilities, Time & Billing makes it effortless to manage your WIP, recoverability and profitability and help you provide quality and consistent billing to your clients.
Find out how Time & Billing can create one all-inclusive system for your fiduciary services.
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Features
Time Recording
The flexible time entry options have been designed to work for your business requirements.
Use the built-in stopwatch or enter time manually with the ability to allocate fee earner time across several clients at the same time using the multiple time clock.
Save recorded time outside the WIP and record office time against user-defined non-chargeable activities for an analysis of costs or to balance the time-sheet.
Create entries based on matter or account and attach activity type or additional narrative to the work.
View and amend transactions throughout the time recording process.
Tariffs and Charge Types
Flexible tariffs give you the freedom to define your charges on a global or per client basis.
Define your company charging structures with customisable tariff levels that combine staff level fees and activity charges then assign a tariff level to each client.
Generate WIP transactions according to investment portfolio valuations applying different rates to different investments and configure investment holding charges on an ad-valorem or per investment category basis.
Automate recurring and fixed fees or produce fees based on the number and different types of transactions.
Tailorable disbursements and expenses can be set up and posted on the WIP and expenses can be recorded as separate, merged or included with the other time and fee entries.
Report and Review
WealthWorks+ offers powerful management reporting for Time, Fees and Billing.
Integrated Time, Fees and Billing dashboard assists with management reporting.
Filter and search WIP and billing entries globally or for a specific client.
Analyse aged WIP, client recoverability and work in progress by activity.
Run reports for WIP details, billing data, employee’s profitability and fee earner details.
Billing
The straightforward bill production options offer standard bill formats for consistent invoicing that can also be easily tailored for each client.
Raise invoices in advance of any recorded time, move WIP transactions to debtors and record any profit or loss made on recorded time.
WIP transactions can be part billed, grouped by activity or auto-allocated.
Merge activity groups to produce a single entry on the invoice and itemise or merge disbursements and standard fees with a time entry.
Produce bills for any chargeable item or group of items for any entity or group of entities on any designated frequency and with multi-billing addresses per client.
