A chart is now available that helps identify funds that can potentially be transferred from the Client/Trust account to the office account to pay debtor invoices, moving cash into the business.
The amount displayed shows the value of outstanding invoices that could potentially be paid by funds held in the client/trust account.
For each client, the data point shows the value of client/trust funds held compared to the value of debtors – which provides a quick overview of whether there are funds held which could pay the entire debtors balance for that client, or partially.
Drilling down on the total number, as well as each of the chart elements, provides a list of matters that make up that selection.
The RedView Team