Time/Disbursements
Understanding Time & Disbursements in Liradocs
The Time & Disbursements feature in Liradocs helps your firm accurately record billable work and track expenses related to matters. It allows staff members to log the time they spend working on different tasks and also record any additional costs incurred during the course of a matter.
By capturing both time entries and disbursements in one place, Liradocs makes it easier to manage billing, maintain transparency, and ensure that all work and expenses are properly documented.
What Are Time Entries?
Time entries are used to record the amount of time spent working on a specific matter. Staff members can log their hours for tasks such as meetings, research, drafting documents, or client communication.
Tracking time helps firms measure productivity and ensures that all billable work is properly recorded for invoicing.
What Are Disbursements?
Disbursements refer to expenses incurred while handling a matter. These can include costs such as filing fees, travel expenses, courier charges, or any other out-of-pocket expenses related to a case.
Recording disbursements helps ensure that these costs are properly tracked and can be included in client billing when necessary.
Why Time & Disbursements Are Important
Managing time and expenses effectively is essential for accurate billing and financial tracking. Liradocs simplifies this process by allowing your team to record both time and expenses directly within the system.
Using this feature helps your firm:
Track billable hours accurately
Record matter-related expenses
Maintain detailed billing records
Improve transparency in client invoicing
Monitor productivity and work allocation
Learn How to Manage Time & Disbursements
In the guides within this section, you will learn how to manage time and disbursements in Liradocs, including:
Creating time entries
Recording disbursements
Editing or updating entries
Tracking billable work and expenses
Select a guide below to learn more about each feature.
