Text Box: Time & Billing

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Text Box: Application Overview The INTERAC Time & Billing system is a comprehensive, flexible professional time & billing package that provides for input and tracking of staff time with complete client processing.  Special features include: · Multiple screen formats provide flexible input for transactions. · To meet individual needs the user can tailor the input screens. · Evaluation codes allow users to specify how dollars are to be calculated during input. · Time sheets, direct charges, write-ups, write-downs, and billings can be easily entered and processed. · Input, processing and billing can be handled for multiple offices (up to 99 offices per firm). · Client transaction data can be stored in detail, or summarized, based on user requirements. · Miscellaneous alpha, numeric, and date fields are available to store and track client information such as return due dates, SIC codes, entity type, etc. · Up to 999 user-defined Service codes and 9999 user-defined Engagement numbers to categorize tasks and projects. · Employee can track chargeable and non-chargeable hours and dollars. · Up to five separate billing rates can be established for each employee. · Multiple billing methods are available, including lump sum and on-screen billing capabilities. · Invoices and statements can be custom designed on a client-by-client basis. · Complete interface to INTERAC Accounts Receivable to handle aging, payments, adjustments, etc. · On-screen inquiry into Work in Process or historical information. · Flexible report design for virtually any report using client and employee information. · Allows all reports to be displayed on screen for immediate inquiry, stored in a file for later use, or sent to a spreadsheet file with InterLink. · Accesses all features through convenient menus, but allows the experienced user to quickly move from any package or application directly to another, bypassing menus.

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