Total Legal Accounting 3
SECTION 126.96.36.199.1 - GOVERNMENT CHARGES - ONE CLIENT
USAGE: To enter apply the government charges (eg GDT). This program allows you to choose a single Client and apply the value.
DISCUSSION: Each General or Trust Receipt and Cheque entered can potentially carry a Government charge. T.L.A. can compute this charge and create a special Disbursement transaction applying the charge to the Disbursement balance. The charge rates are setup in GOVERNMENT CHARGES (see SECTION 188.8.131.52). The current uncharged value can be displayed in CLIENT/TRUST ENQUIRIES. The calculation is reset when a transaction (from this program) is generated. Thus T.L.A. maintains a total of uncharged government charges.
When you start the GOVERNMENT CHARGES program, T.L.A. initially asks you for a Client code. If you cannot remember the file number, press <F9> to initiate a search. T.L.A. will check that the code does not refer to a file that is closed.
Typically, the screen will now look like this:
The file will be displayed with its corresponding Name, Address and Matter Re. Also the current Disbursement, Client and Trust balances are displayed on the left of the screen. The current computed charges are shown. This display is similar to the one in CLIENT/TRUST ENQUIRIES.
Next you must enter the details of the transaction. There are several fields to enter:
DATE This field defaults to today’s date (as per the date at the top right-hand-corner of your screen). You may change it to any valid date within the calendar (as defined in SECTION 7.1.6.).
DESCRIPTION Here you enter the details of the transaction. The description defaults to BILL GOVERNMENT CHARGES and the calculated value in brackets.
REFERENCE This field will default to the last reference number you entered, plus one. Depending on your settings in SYSTEM DEFAULTS (see SECTION 7.1.2) you may be able to change it to a different, non-zero value. The largest value available is 999999.
VALUE This is the actual value of the Disbursement. This amount can be negative if you are reversing a previously incorrect entry. Normally you would enter the value as computed by the computer. However, if you are about to close the file and you may wish to enter a larger value to cover expected transactions. Also, you may wish to write-off the charges (up to date) in this case you can leave the value as zero. This will insert a transaction (an start the calculations from that date) without actually creating a value.
G/L REVENUE/ASSET Here you must enter the General Ledger account you wish T.L.A. to post the VALUE to. It must be a Revenue or an Asset account.
At each point, you may cancel the GOVERNMENT CHARGES by pressing <ESC>. However, it is possible to return to a specific field by using <CsrUp> or <F8>.
At the end of the GOVERNMENT CHARGES you will be asked to confirm the update. This is the point of no return. Once you answer Y, T.L.A. will update all the relevant files. Up to this point you can cancel or modify the details. After you have updated the GOVERNMENT CHARGES, you can only remove it by entering a negative GOVERNMENT CHARGES i.e. the same entry but with a negative value. Note that this will not reverse the reset effect.
Files updated by the Disbursement program:
Client/Trust master-file: The Client’s Disbursement balance is updated with the value of the transaction.
Client/Trust transaction file: A transaction is entered with the details of the transaction.
General Ledger master-file: The Asset/Revenue account and the Disbursement Ledger will be updated with the value of the transaction.
General Ledger transaction file: A transaction is entered with the details of the transaction for each General Ledger account updated.
Audit transaction-file: Each transaction creates a line in the Audit file, which can then be printed in the AUDIT TRAIL.