There are times when you will have payments that have been applied and posted that need to be changed. Once accounting entries have been made, this is not simply quick work to delete the payment or make a small edit. In order to be compliant and follow proper accounting principles, appropriate adjusting entries for the reversal need to be made.

With the new "Reverse Payment" option, all this is handled for you, and you can be assured you are able to make a difficult situation a piece of cake.

Instead of posting disbursements individually, you can now select multiple disbursements and have them post together in a single batch.

Also, all available disbursement methods are now supported when posting.

Thank goodness.

ADP has provided an integration with Dynamics 365 Business Central which is what Curo365 is built upon, so that integration is exactly what you need to do this. Here is a link to their ADP integration documentation. 

Good news, we've done some work to improve the Bill Generation performance and the stability of it. You will notice it most if you have bills with many, many items on it.

We've made some improvements to the Flat Fee Service Approval Dashboard that shows the more relevant details associated with Flat Fee Service amounts under the Client groupings.

We know at times there is a need to intentionally switch items between matters and/or to correct things by associating them to the intended matter. We have worked through a few of those scenarios, in particular with Billing, to make sure that switch happens correctly and completely with all that goes along with it.

We've consolidated the Fund Account Types down to 5 choices. Not only does this help simplify things, it enables greater flexibility in meeting your accounting needs.

When using the posting functionality in Curo365, we know there will be times when you might accidentally post something, or maybe you just posted but noticed something that needs to be changed real quick.

Now you can revert an item back to "Draft" if it was "Queued" and before it actually completed the post/synch.

Just one more little thing we hope helps save you from extra work and unnecessary frustration.

Applying payments appropriately is so important. It is also becoming more complicated and error-prone with several different allocation types and remembering the right order to apply them every time. Do you want to be sure to pay off interest first? Or make sure your matter costs are covered before any time entry billings?

Now you can configure how you want payments to be applied, and then have them automatically allocated that way consistently and confidently every time. 

A thorough guide on how to configure everything and start auto-allocating your payments is found here. 

We are introducing this new feature to "Complete" a Flat Fee Service to help you answer the big question of, "Is this Flat Fee Service" priced right?"

Once all work has been completed and entered into Curo365, you can now mark the Flat Fee Service as "Complete". When you do this, all those who worked the flat fee service will proportionately have their Billings marked up, or marked down, from their normal rate to whatever is needed to match the flat fee service amount. 

With this adjustment done automatically for you, it will be easy to see how efficient you were with that flat fee service, and over time you'll be able to identify trends and adjust amounts appropriately to reach desired margins or know to increase the marketing on those services where you are able to deliver best.

A thorough guide on how to use and more fully understand "Completing a Flat Fee Service" is here.