Overview
The Spends section is designed to help users plan, track, and manage financial activities related to legal cases. It consists of two key subsections:
Budget – Helps anticipate, allocate, and monitor case-related expenses.
Spends – Manages invoices and financial documentation efficiently.
Budget Section
The Budget section enables users to forecast and track costs throughout the lifecycle of a case, ensuring financial transparency and proper resource allocation.
Key Components
Amount Claimed – The total monetary value sought in the lawsuit.
Amount Exposure – The potential financial risk involved.
Contingent Amount – Conditional expenses that may arise.
Contingent Liability – Financial obligations that could occur, classified into:
Remote: Low probability of liability.
Possible: May occur under certain conditions.
Probable: Likely to happen.
100% Loss Chance: Guaranteed financial liability.
50-50% Win/Loss Chance: Equal probability of success or failure.
100% Win Chance: No liability, full confidence in case success.
Contingent Assets – Potential gains if litigation conditions are met.
Remarks – Additional notes or context for better clarity.
How to Use the Budget Section
1. Adding Budget Information
Navigate to the Budget Section within your case.
Click "More" > "Update Budget" to access the budget fields.
Enter the relevant financial details for each component.
Use the Remarks field to add extra context if needed.
Click Save to update the budget details.
Spends Section
The Spends section allows users to track legal expenses, store invoices, and ensure smooth financial workflows.
Key Features
1. Adding an Invoice
Follow these steps to document invoices accurately:
Step 1: Access the Spends section for the case.
Step 2: Click "More" > "Update Budget" to open the invoice form.
Step 3: Fill in the required details:
Invoice Number – Unique reference ID.
Invoice Date – Date of issue.
Amount – Total payable amount.
Description – Brief context about the invoice.
Step 4: Upload the invoice (PDF, JPEG, or PNG).
Step 5: Select the payment or approval status:
Paid – If the invoice has been settled.
Approval – If pending review.
Step 6: Click Save to store the invoice securely.
2. Managing Stored Invoices
Edit or Update Invoices – Select an invoice, modify details (e.g., payment status), and save changes.
Conclusion
The Spends Section is a powerful tool for maintaining precise financial records and ensuring seamless expense management for all your legal matters. By integrating this section into your workflow, you can achieve greater financial transparency, accuracy, and efficiency in case management.