Insight is an all in one accounting package that facilitates the day to day operations of a legal firm of any size. It allows you to seamlessly manage your trust and office accounting, as well as effectively capture fees, sundries and disbursements that arise from each matter. Insight supports the creation, implementation of Bills, Receipts and Ledgers. It has the capacity to effectively track GST and BAS across all expenditures and earnings.
BHL Insight Desktop – user/administrator defined menus, to-do lists and security. Clients – Lists matters, archived matters, address details, safe custody. Matter – Ledger Balances, data entry, accounts transactions, contacts, etc Master Files – matter types, staff, postcodes, quick codes, entities
Matter & Batch Fee Capture – Fees are recorded directly against a matter or from a time sheet. Disbursements – automatically captured from cheques entered. Sundries & Expenses – non cheque disbursements Billing – Transactions captured from BHL Insight. Interim & Final Billing, control of allocation of billed fees to GL accounts. Debtors – which matters owe how much and for how long. Aging is user defined. Write Offs & Journals – automatic adjustments from billing. Open entry write-offs. Journal transfers in states where this is permitted. General Ledger – Define your own alphanumeric account codes. Master & Subsidiary accounts. Automatic posting from an entity-based table allows multiple bank accounts with consolidated reporting. Bank Reconciliation – Easy data entry from statements. Automatic printing of cashbook balances and adjustment for unpresented cheques. Stale cheque alert. Allows adjustments for late banking, bank errors. Trust Accounting – Easy to use, BHL Insight is approved by the Law Society of New South Wales for its trust accounting, Clear Approved Reports. Archiving – Move completed matters to an archive file to avoid clutter.
Cheque & Receipt Printing – multiple formats, user-defined default trays. Cheque Requisitions – Enter Counsels Fees, Doctors Reports etc. Makes data entry easy, minimises mistakes. Auto Receipting – Open Item allocation supports part payments, automatic reversals. Makes data entry easy. Accounts Rendered – Interfaces with your word processor to create reminder letters or statements of account. Auto Costing (Fee Time Clocks) – Multiple time clocks, pause button, unit costing etc. Photocopier Data Capture – extracts data from your photocopier, telephone, fax, and printer systems. Petty Cash Accounting – Account for cash smoothly and easily, posting both to matters and to the GL. Auto End of Year Processing – clears income & expenditure accounts, posts surplus to capital accounts and carries assets and liabilities forward.
Creditors Ledger – Record creditor details, post invoices to creditors and GL, record payments and part payments against invoices. Invoices appear as disbursements when posted to matters. Automatic Billing – Create multiple bills for matters that meet user-defined criteria. Automatic Transaction Creation – retainers, recurring fees, recurring disbursements are recorded once and are triggered as defined. Batch Archiving – archive groups of files that meet pre-set criteria. Agreed Fee Tables – define multiple fee rates by employee type and then assign appropriate rates to clients and/or matters. Ideal for applying agreed schedules following tender wins.