Why do the totals on the Matter Ledger report differ from the totals on the Matter Aging report?
The differences between these two reports result from the different way that unapplied payments are treated. The short explanation: The fees, expenses, late charges, and taxes on the Matter Aging report have been reduced by any unapplied payments, but the corresponding amounts due on the Matter Ledger report have not. If you take the Grand Total on the Matter Aging report and subtract any overpayments shown there, that number should agree with the Total Due on the Matter Ledger. A detailed explanation follows. When you enter a payment with Automatic Allocation checked, RTG Bills allocates the payment to fees, expenses, late charges, and taxes when the payment appears on a bill. Until then, it is an unapplied payment. You can see how this works by looking at the Matter Ledger. When a payment is entered with Automatic Allocation, it appears on the Matter Ledger as a Payment transaction. The total amount is shown, but it is not broken down into fees, expenses, late charges, and taxes. Als
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