Updated Client Matter Accounts Ledger Report (UK Only)

In this article

• Brief Description  
• Use Cases 
• Finding and Using the Report
• Available Filters
• Report Output

Brief Description  

This report shows client account entries in columns of firm debit/credit and client debit/credit. It provides a chronological list of financial transactions with a running balance for a selected matter.

Use Cases 

This report differentiates between entries made by the firm and those made by the client. It helps create a clear overview of transactions and amounts owed for a specific matter, allowing you to share accurate financial details with your clients for confirmation. 

Finding and Using the Report

• In Actionstep, go to Reports > Client Acct Reports > General.

Then, refer to these articles for help generating and saving reports for future use:

• Reporting Overview
• Generating a Report
• Saving a Report Configuration

Available Filters

• Period: Choose the timeframe for the report. You can click the drop-down list and choose some pre-defined periods or select Custom period and enter your own date range. Review and / or enter your dates in the accompanying date fields.
• Matter: Choose the matter you want included in the report. (Select Show closed matters to include those matters that are already closed in the report.)  

Report Output

This report includes both client and non-client transactions.  Individual line items for Firm Withdrawals and Supplier Invoices are displayed.  It includes the following columns:  

• Date: Shows the entered date of the transaction.
• References: Shows the reference number and the payment methods related to each transaction. A clickable link is provided that will take you to the selected transaction, allowing you to view more detailed information. 
• Account Name / Memo / Reason: Shows the general ledger account, details of the transaction, reason for the transaction and the name of the payer, payee or supplier.   
• R: Shows whether the transaction has been reconciled.  
• B: Shows whether the transaction has been billed.  
• Firm VAT: Shows the VAT amount on any firm transactions.  
• Firm Debit: Shows the amount from any unpaid supplier invoices, firm withdrawals, and bills raised.  
• Firm Credit: Shows the amount from paid supplier invoices, paid bills, and credit notes / write offs.  
• Firm Balance: Shows the running balance of the matter-related firm transactions.  
• Client Debit: Shows the amount paid from the client account.  
• Client Credit: Shows the amount received into the client account. 
• Client Balance: Lists the running balance for the client account to show current client account balance at the report end date.