Disbursement Recovery

What it's for: three separate questions that used to be answered by one misleading "recovery rate" — billed money is not the same as collected money:

• What have we billed the client for?

• What have we actually collected from the client?

• What have we paid the supplier, whether or not the client has paid us back yet?

Shows, per disbursement: matter, supplier, description, net and total amount, billing status, invoice number, and a Paid To Supplier column — either the date you paid the supplier, or "Not yet".

Totals: incurred, billed, recovered from clients, paid to suppliers, firm out of pocket, and the recovery rate (now calculated on money actually collected — a firm that has billed every disbursement but collected nothing correctly shows 0%, not 100%).

The firm out of pocket figure is the one worth watching day to day — it's money you've paid a supplier but not yet recovered from the client.

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