LEDES Invoicing With Time59 - Part 1
LEDES (Legal Electronic Data Exchange Standard) Invoicing converts invoice detail into a specially formatted plain text file that can be electronically transferred (via email or another client-provided upload process) to the computer system of the client being billed.
A LEDES formatted invoice contains the same line item information as a standard invoice. In addition, each line item contains codes that allow the client's computer systems to analyze the content of the invoice.
The aforementioned codes are assigned to time and expense items as they are created. Assigning these codes is as simple as selecting the appropriate code from a list as you enter individual time and expense records. Standard codes are pre-defined in Time59 and custom codes can be created by the user.
The process that generates the actual LEDES invoice text file verifies that all time and expense items have been properly coded. If problems are detected, error messages are displayed with instructions on how to correct the problems.
In addition, Time59 features online instructions covering LEDES invoicing (as well as all other system functions). Just click on the "help" links where you see them for on-the-spot help.
Part 2 will explain the different types of LEDES invoicing codes.
LEDES Invoicing (Part 1) Question and Answers
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What is LEDES Invoicing?
LEDES (Legal Electronic Data Exchange Standard) Invoicing is a method that converts invoice details into a specially formatted plain text file for electronic transfer to the client's computer system.
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What information is included in a LEDES formatted invoice?
A LEDES formatted invoice contains the same line item information as a standard invoice, but with additional codes for each line item to allow the client's computer systems to analyze the content.
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How are the LEDES codes assigned in Time59?
Codes are assigned to time and expense items as they are created. This is done by selecting the appropriate code from a list while entering individual time and expense records. Time59 comes with standard codes, and users can create custom codes.
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What happens if there are errors in the LEDES invoice?
The process that generates the LEDES invoice text file in Time59 verifies that all time and expense items have been properly coded. If any issues are detected, error messages will be displayed with instructions on how to correct them.
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Where can I find help for LEDES invoicing in Time59?
Time59 features online instructions for LEDES invoicing and other system functions. For immediate assistance, click on the "help" links within the application.
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Can I use custom codes in Time59 for LEDES invoicing?
Yes, users can create custom codes and use the standard pre-defined codes provided by Time59.
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How can I contact Time59 for further support?
You can contact Time59 through their "Contact Us" page on the website.