Rocket Matter Knowledge Base Additional Billing Options.How to make an adjustment to the Matter Ledger.

How to make an adjustment to the Matter Ledger.

1. From your Matter Dashboard, click on the "Matter Ledger Balance" under Matter Billing.

2. To add a credit or debit adjustment, select "+ add an adjustment".

Credit adjustment:  positive credit line item which is added to the matter ledger for purposes such as carrying a positive balance over from a previous application, correcting an error or applying any other miscellaneous credit adjustments.  

Debit adjustment: A line item deduction which is added to the matter ledger for purposes such as carrying a negative balance over from a previous application, correcting an error or applying any other miscellaneous debit adjustments.  

NOTE: Debit and Credit adjustments: 

  1. If you manually add a debit adjustment to record a negative balance from a previous application and have applied an interest rule, interest will not apply to these entries. Interest can only be applied to fees and/or costs. Rocket Matter does not include interest on a debit adjustment.
  2. Credit and debit adjustments will appear as line items on your invoices.

3. Choose Credit-Adjustment or Debit-Adjustment from the drop down. Enter the date of the adjustment and the amount of the adjustment, include a description and click on "Add" to save.