Clio Manage Revenue Reports

Have more questions? Submit a request

Reports in Clio Manage are designed to help your law firm track deliverables and get insights into all aspects of how the firm is performing. Revenue reports provide a comprehensive overview of your firm's financial performance by showing total collected activities and taxes, amounts generated by each originating attorney, and amounts each firm user has billed and collected for each matter. See below for a summary of each revenue report in Clio Manage and what type of information the report offers.

Note: Every report in Clio is unique in the criteria it uses to calculate financial data. This means that comparing reports is not recommended. Additionally, not all reports are available for all Clio subscription plans. Learn more about reports available on your subscription plan and upgrading your plan here.
Tip: Learn more about generating reports, creating reports presets, and viewing a history of generated reports here.

Revenue

The revenue report is designed to give firms a detailed overview of unbilled, billed, and collected time and expense activities. This report also includes taxes, credit notes, discounted time, and discounted expenses by matter. You can use this report to help quantify key performance metrics on a per user, per client, and per matter basis.

Note: By default, partial payments and credit notes applied to invoices are allocated proportionally across all line items. If you change this setting to allocate partial payments and credit notes in a different way, the following columns will be calculated depending on the selected allocation method: Collected time, Collected expense, Collected tax 1, and Collected tax 2. Learn more about the reports allocation setting here.

When generated, this report includes the following categories:

Matter
This column lists each of a client's matters. 
Location
This column shows the value entered in the Location field for a matter.  
Unbilled time
This column shows the dollar value of unbilled time entries for the matter. Unbilled time entries are time entries that are not generated on any approved bills, including time entries that are not on a bill and time entries that are on bills in draft or bills pending approval.
Unbilled hours
This column shows unbilled time entry hours for the matter. Unbilled time entries are time entries that are not generated on any approved bills, including time entries that are not on a bill and time entries that are on bills in draft or bills pending approval
Unbilled expense
This column shows the dollar value of unbilled expense entries for the matter. Unbilled expense entries are expenses that are not generated on any approved bills, including expenses that are not on a bill and expenses that are on bills in draft or bills pending approval.
Billed time
This column shows the dollar value of billed time entries for the matter. Billed time entries are time entries on approved bills.
Billed hours
This column shows billed time entry hours for the matter. Billed time entries are time entries on approved bills.
Billed expense
This column shows the dollar value of billed expense entries for the matter. Billed expense entries are expenses on approved bills.
Billed tax 1
This column shows the dollar value of your first tax on billed activities for the matter. Billed activities are billable time and expense entries on approved bills.
Billed tax 2
This column shows the dollar value of your second tax on billed activities for the matter. Billed activities are billable time and expense entries on approved bills.
Discounted time
This column shows the dollar value of billed time entries for the matter that had discounts applied to them. Billed time entries are time entries on approved bills.
Discounted expense
This column shows the dollar value of billed expense entries for the matter that had discounts applied to them. Billed expense entries are expenses on approved bills.
Credit notes
This column shows the dollar value of billed activities for the matter that had credit notes applied to them. Billed activities are time and expense entries on approved bills.
Collected time
This column shows the dollar value of billed time entries on generated bills that have been paid. If a partial payment was applied to a bill with time entries, the payment will be evenly applied across the Collected time, Collected expense, Collected tax, and Collected tax 2 columns. 
Collected expense
This column shows the dollar value of billed expense entries on generated bills that have been paid. If a partial payment was applied to a bill with expenses, the payment will be evenly applied across the Collected time, Collected expense, Collected tax 1, and Collected tax 2 columns.
Collected tax 1
This column shows the dollar value of your first tax on billed activities on generated bills that have been paid. If a partial payment was applied to a bill, the payment will be evenly applied across the Collected time, Collected expense, Collected tax 1, and Collected tax 2 columns.
Collected tax 2
This column shows the dollar value of your second tax on billed activities on generated bills that have been paid. If a partial payment was applied to a bill, the payment will be evenly applied across the Collected time, Collected expense, Collected tax 1, and Collected tax 2 columns.
Collected uncategorized
This column refers to collected money that is not attached to any matter or client.
Client total
This total refers to the total of each column for all of the client's matters. 
No client/No practice area
When generating the report, you can group your results either by client or practice area. This section will appear at the bottom of the report if you have revenue that is not attached to any client or if you have revenue that is not attached to any practice area. 
Clio Scheduler payments
This section will appear at the bottom of the report and shows revenue for payments collected through Clio Scheduler appointments. 

 

Originating attorney revenue

The originating attorney revenue report is designed to help firms visualize and quantify how much revenue each attorney in the firm has brought in. This report includes taxes, interest, fees, and collected time and expense activities. You can use this report to determine your firm’s bonus payout to attorneys.

Note: By default, partial payments and credit notes applied to invoices are allocated proportionally across all line items. If you change this setting to allocate partial payments and credit notes in a different way, the following columns will be calculated depending on the selected allocation method: Collected time, Collected expense, Collected tax, and Collected tax 2. Learn more about the reports allocation setting here.

When generated, this report includes the following categories:

Attorney
This column lists the firm user who is designated as the originating attorney on a matter.
Collected time
This column shows the total value of the originating attorney's time entries on bills that have been paid. 
Collected expense
This column shows the total value of the originating attorney's expense entries on bills that have been paid. 
Collected interest
This column shows the total value of the interest on bills that have been paid for the originating attorney on the matter. 
Collected tax 1
This column shows the total value of the first tax on bills that have been paid for the originating attorney on the matter. 
Collected tax 2
This column shows the total value of the second tax on bills that have been paid for the originating attorney on the matter. 
Total
This total summarizes the total collected amounts for each column for this originating attorney.

 

Fee allocation

The fee allocation report is designed to give firms a detailed view of time and expenses each firm user has billed and collected for each matter. This report also includes accounts receivables and credit notes. You can use this report to determine your firm’s bonus payout to attorneys.

Note: By default, partial payments and credit notes applied to invoices are allocated proportionally across all line items. If you change this setting to allocate partial payments and credit notes in a different way, the columns listed below will be calculated depending on the selected allocation method. Learn more about the reports allocation setting here.

  • Billed time collected
  • Billing time outstanding
  • Expense amount collected (CSV only)
  • Expense amount outstanding (CSV only)
  • Primary tax collected (CSV only)
  • Primary tax outstanding (CSV only)
  • Secondary tax collected (CSV only)
  • Secondary tax outstanding (CSV only)

When generated, this report includes the following categories:

  • Matter: This column lists the matter for which a firm user has billed and collected time and/or expenses.
  • Client: This column lists the client for each matter.
  • Invoice: This column lists the bill invoice number for the matter.
  • Billed hours: This column shows the total hours that a firm user spent on the activities on a bill that is approved but unpaid or a bill that has been paid. This information is pulled directly from the listed bill invoice. Credit notes and write-offs will not affect the number of billed hours but discounts will affect the number of billed hours.
  • Billed time: This column shows the dollar value of the time entries a specific firm user generated on a bill that is approved but unpaid or a bill that has been paid. This information is pulled directly from the listed bill invoice. Credit notes and write-offs will not affect billed time but discounts will affect billed time.
  • Service allocation: This column refers to the percentage of billed time on a bill that a user is responsible for. If multiple firm users have time entries on a single bill, this column will show the percentage of time that each user is responsible for.  
  • Billed time collected: This columns shows the dollar value of the time entries on bills that have been paid.
  • Billed time outstanding: This column shows the dollar value of the time entries on bills that are approved but have not been paid.
  • Expense billed amount: This column will only appear if this report is generated in CSV format. It shows the dollar value of the expenses a specific firm user generated on a bill that is approved but unpaid or a bill that has been paid.
  • Expense allocation: This column will only appear if this report is generated in CSV format. It shows the percentage of billed expenses on a bill that a user is responsible for. If multiple firm users have expense entries on a single bill, this column will show the percentage of expenses that each user is responsible for.
  • Expense amount collected: This column will only appear if this report is generated in CSV format. It shows the dollar value of the expense entries on bills that have been paid.
  • Expense amount outstanding: This column will only appear if this report is generated in CSV format. It shows the dollar value of the expense entries on bills that are approved but have not been paid.
  • Total funds collected: This column will only appear if this report is generated in CSV format. It is the total amount of payments applied to specific bills.
  • Total funds outstanding: This column will only appear if this report is generated in CSV format. It is the total amount of unpaid time and expenses on specific bills.
  • Primary tax collected: This column will only appear if this report is generated in CSV format. It shows the total dollar value of the primary tax on bills that have been paid.
  • Primary tax outstanding: This column will only appear if this report is generated in CSV format. It shows the total dollar value of the primary tax on bills that are approved but have not been paid.
  • Secondary tax collected: This column will only appear if this report is generated in CSV format. It shows the total dollar value of the secondary tax on bills that have been paid.
  • Secondary tax outstanding: This column will only appear if this report is generated in CSV format. It shows the total dollar value of the secondary tax on bills that are approved but have not been paid.

 

Need more help?

Was this article helpful?
0 out of 0 found this helpful