| Billing Lingo Abbreviations | "Fun Facts" | What's in Your Proforma Piggy Bank? |
|---|---|---|
|
What is "Write Off"
WO
|
What is Annette's age
29
|
What is "duplicate payment"
Payment rendered by client for an invoice that has already been paid
|
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What is "Gone But Not Forgotten"
GBNF
|
What is "unapplied interim balance"
Balance of advance fees or costs billed, but not yet incurred or applied to an invoice
|
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|
What is "Interim Bill"
IB
|
Who are Claire's assignments
Bill Voge, David Kurzweil and David Teh
|
What is "unallocated cash balance"
The balance of payments received, but not yet applied to an invoice.
|
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What is Exclude
EX
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What is "Advance Deposit"
The unused balance of funds received for anticipated fees or costs
|
|
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What is "Verify"
VF
|
What is "Trust Account"
The balance of funds being held on behalf of the client for a specific matter
|
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