i-balance for the Elite Practice Management System

Maintaining the financial integrity of your Elite database is a time consuming and critical responsibility. Many tasks need to be actioned prior to actually agreeing the financial position of the system. Batches reviewed, audits gathered and reports generated. These lengthy tasks can often mean balancing your system doesn’t happen as regular as it should! The longer balancing is left the harder it is to find errors and incorrect entries.

What does i-balance do?

i-balance speeds up the whole process of balancing on Elite. There is no longer the need to ensure that your batches are finalised prior to balancing, you no longer have to gather your audit records and you no longer have to wait around to run reports.

i-balance does:-

• Processes any outstanding audit records.
• Gathers all the matter ledger and general ledger information
  taking into account any un-finalised transactions.
• Produces a balancing report for all the collected information.
• Highlights system issues i.e. batches that have finalised incorrectly,
  manual transactions in system accounts.

The i-balance process is designed to run overnight so daily balancing of your firms financial integrity is simple and quick without the need to have any of your team working late or dialling into the system in the early hours of the morning!

Areas i-balance checks:-

• Accounts Receivable
• Accounts Payable
• WIP Time and Cost
• Trust
• Inter-company Accounts
• Fee Income
• VAT Accounts
• Matter and Timekeeper Statistics

If you would like more information or a reference for clients already taking benefit from i-balance please email mailto:info@saturn27.com.