¶ 1. Overview
The Collection Realization by Receipts Report measures how effectively the firm converts billed amounts into collected revenue, based on actual receipts rather than invoices. It is used for:
- Evaluating collection performance
- Monitoring lawyer‑level and practice‑area realization
- Identifying revenue leakage through write‑offs
- Comparing current‑period vs. previous‑period receipts
- Supporting month‑end and year‑end financial reporting
- This report produces four separate outputs:
- Expense Summary
- Fees Summary
- Expense Detail
- Fees Detail
Each report provides a different level of insight into how receipts relate to billed amounts, write‑offs, and realization percentages.
¶ 2. Report Window (Filters)
¶ 2.1 Date Range
- Defines the reporting period for receipts.
- From Date: 02/01/2026
- To Date: 02/27/2026
¶ 2.2 Report By
A single‑select option:
- Firm
¶ 2.3 Selection Criteria
- Lawyer / Timekeeper: All
- Type of Law: All
- These filters allow performance analysis by lawyer or practice area.
¶ 2.4 Options
Group Inactive Lawyers / Timekeepers Groups inactive timekeepers together for cleaner reporting.
¶ 2.5 Actions
- View Report
- Export
- Close
¶ 3. Report Outputs
The system generates four separate reports, each with its own structure and purpose.
¶ 3.1 Report 1: Collection Realization by Receipts – Expense Summary
¶ Header Information
- Firm Name: LawPractica
- Print Date: 02/27/2026
- Report Title: Payment Realization by Receipts – Client Expense Summary
- Date Range: 02/01/2026 to 02/27/2026
¶ Columns
| Column | Description |
|---|---|
| Lawyer / Type of Law | Responsible lawyer or practice area grouping |
| Invoice Total Expense | Total billed client expenses |
| Payment – Previous Period | Payments applied before the reporting period |
| Payment – Current Period | Payments applied within the reporting period |
| A/R Expense | Outstanding receivable expenses |
| Write-offs | Expense amounts written off |
| Collection | Total collected for expenses |
| Realized | Percentage of expense revenue collected |
This report summarizes expense‑related realization performance.
¶ 3.2 Report 2: Collection Realization by Receipts – Fees Summary
¶ Header Information
Firm Name: LawPractica
Print Date: 02/27/2026
Report Title: Payment Realization by Receipts – Fees Summary
Date Range: 02/01/2026 to 02/27/2026
¶ Columns
| Column | Description |
|---|---|
| Lawyer / Type of Law | Responsible lawyer or practice area grouping |
| Invoice Total Fees | Total billed fees |
| Payment – Previous Period | Payments applied before the reporting period |
| Payment – Current Period | Payments applied within the reporting period |
| Total A/R Fees | Outstanding receivable fees |
| Write-offs | Fee amounts written off |
| Collection | Total collected for fees |
| Realized | Percentage of fee revenue collected |
This report summarizes fee‑related realization performance.
¶ 3.3 Report 3: Collection Realization by Receipts – Expense Detail
- Firm Name: LawPractica
- Print Date: 02/27/2026
- Report Title: Payment Realization by Receipts – Client Expense Detail
- Date Range: 02/01/2026 to 02/27/2026
¶ Columns
| Column | Description |
|---|---|
| Client Num | Client identifier |
| Matt Num | Matter identifier |
| Client Name | Client name |
| Resp Law | Responsible lawyer |
| Orig Law | Original lawyer |
| Assign Law | Assigned lawyer |
| Type | Type of law |
| Invoice Total Expense | Total billed expenses |
| Payment – Previous Period | Payments applied before the reporting period |
| Payment – Current Period | Payments applied within the reporting period |
| A/R Expense | Outstanding expense receivables |
| Write-offs | Expense write‑offs |
| Collection | Total collected for expenses |
| Realized | Realization percentage |
This report provides line‑level detail for expense realization.
¶ 3.4 Report 4: Collection Realization by Receipts – Fees Detail
¶ Header Information
- Firm Name: LawPractica
- Print Date: 02/27/2026
- Report Title: Payment Realization by Receipts – Fees Detail
- Date Range: 02/01/2026 to 02/27/2026
¶ Columns
| Column | Description |
|---|---|
| Client Num | Client identifier |
| Matt Num | Matter identifier |
| Client Name | Client name |
| Resp Law | Responsible lawyer |
| Orig Law | Original lawyer |
| Assign Law | Assigned lawyer |
| Type | Type of law |
| Invoice Total Fees | Total billed fees |
| Payment – Previous Period | Payments applied before the reporting period |
| Payment – Current Period | Payments applied within the reporting period |
| A/R Fees | Outstanding fee receivables |
| Write-offs | Fee write‑offs |
| Collection | Total collected for fees |
| Realized | Realization percentage |
This report provides line‑level detail for fee realization.
¶ 4. Export Options
- Excel
- CSV
Exports preserve all grouping and detail levels.
¶ 5. Best Practices
- Use Summary reports for high‑level performance analysis.
- Use Detail reports for auditing and reconciliation.
- Compare Previous Period vs. Current Period to understand collection timing.
- Monitor Write-offs to identify revenue leakage.
- Review Realized % to evaluate lawyer or practice‑area performance.
- Group inactive lawyers to keep reports clean and focused.
¶ 6. Summary
The Collection Realization by Receipts Report provides a comprehensive analysis of how receipts translate into realized revenue across fees and expenses. With both summary and detailed views, it supports financial oversight, lawyer performance evaluation, and firm‑wide revenue management.