Settlement of remaining advance

Sometimes an advance payment invoice has been sent, the amount of which is higher than the final fee amount of hours actually spent. This results in a residual amount of advance to be settled in the matter.

How you should this be handled in Legalsense?

1. Go to the relevant matter;

2. Click on 'New invoice' - 'Based on matter';

3. Click on 'Settle outstanding advances' and then choose 'Yes, settle all outstanding advances fully';

4. Finalize the draft invoice and send it to the client;

5. The remaining advance amount can then be transferred to the client.

In the matter, the advance is then fully settled.