Do you want your credits to go towards costs first, or services, or interest? Even better, do you want to ensure this is done consistently every time within your firm.

Easily applying credits towards bills on a matter in a very specific way, while using various different accounts relevant to each type of item on the bill is exactly what you can do now. You can configure it once and sit back knowing your credits moving forward will be applied in the right order every single time.

Need to move money from one Matter to another? Now you easily can and track it fully with all the proper accounting entries.

With our integration to Business Central, you can configure from Curo365 which parts you wish to actually sync, whether you want only general journals to sync across, only purchase invoices, or both.

You are now able to specify a single, free-text dimension from your Business Center that will be pushed will all transactions and details to Business Central in order to better report how you need to slice your data in Business Central. 

We plan to add support in the future for additional dimensions that will allow you to flexibly report financials additionally. For example, you could have dimensions by geography, tax location/group, practice area and even by matter.

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. 

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. 

Sometimes you get an overpayment from a client, or you have other revenue come in that you don't have an invoice to directly tie it to. Others just find different needs and do different things where a simple IOLTA account isn't enough to get things as accurate as you need.

An "Operating Overage Account" per Matter was designed to meet these kinds of needs and others we might not have seen yet.

A thorough guide on how to configure everything and start using the Operating Overage Account feature is 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.

Money gets moved around a lot between accounts when working lots of Matters for a lot of Clients. Curo365 makes that easy and keeps track of it all. With Business Central integration, all those transactions can then be posted and easily create your General Journals within Business Central that are needed for accounting and reconciliation.

Keeping everything in sync and making life easier for a firm is what Curo365 does.

We have introduced a setting in the Configuration entity where you decide if you want to "Automatically Post Retainer Bank Deposits" or not. It looks like this: