In ContactsLaw, you set the default billing options for The Practice via the Management tab. The settings on this screen apply to all files unless overridden at either the workgroup or file level.
- Default billing scale - The billing scale that will be applied to new files (unless otherwise configured).
- Default bill format - The format to use when printing bills (unless otherwise specified).
- Bills overdue after - The number of calendar days following the date-of-issue before a bill becomes due (the due date can be maintained separately for each bill).
- Interest rate (for overdue bills) - The interest payable on overdue bills. Interest is applied as soon as the bill becomes due.
- Notice period for trust transfers - The number of calendar days following the date on which a trust transfer is requested before the transaction may be processed. This setting should reflect the corresponding notice period in the relevant trust accounting regulations.
These settings are date-dependant; you must specify the date on which changes become effective. Earlier files/bills will not be affected by more recent changes.