Insolvency report

Introduction

The Insolvency work report is based on a report within the Statement of Insolvency Practice 9.

This report is a guideline and the accuracy of the information within the report is the user’s responsibility.

To use the Insolvency report:

Setup the Time Ledger

Partner

Setup_Staff_categories

Create_Job_Type_Insolvency

Setup_Work_type

Posting_Timesheet

Insolvency_Report_Options

Setup the Time Ledger

To use the report the following items need to be set up:

Partner

Ensure partners are marked as partners on the Time Ledger.

1. Click on File | Staff, highlight a partner and click View. Ensure that Is a partner in a firm is ticked.
   
   
   

Setup Staff Categories

Within File | Categories | Staff Categories set up three staff categories. To do this:

1. Select New and enter a staff category identifier and description. For example, create staff categories Manager, Senior and Junior.
   
   

Assign a staff category to a staff member. To do this:

2. Go to File | Staff, highlight a staff member and click View . By clicking on the links tab you can assign the staff category to the staff member.
   
   
   

Create Job Type Insolvency

Set up a job type that you wish to use for the insolvency job. To do this:

1. Select File | Job types | Job types. The Job Types screen displays a list of jobs.

2. Select New.
   The Job type definitions screen displays.  Enter the following:
   

   • The Job type code and a description

   • Deselect Record WIP at individual job level (otherwise is by job type)

   • From the Subsequent jobs repeat at drop down list select Unspecified intervals

   • Select Updated

Setup Work Type

Set up the Work types for the work to be done. To do this:

1. Select File | Work types. The Work Types screen displays a list of existing work types.

2. Select New and enter a Work Type identifier and Description.
   
   
   
   The current list shown on the SIP 9 report include:
   

   • Administration and planning

   • Investigations

   • Realisation of assets

   • Trading

   • Creditors

   • Case specific matters

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Posting Timesheet

Make timesheet Postings to both the insolvency job type and to a work type:

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Insolvency Report Options

On the Options tab select:

• The time frame

• Within the Manager field enter the staff category Manager

• Within the Other Senior Professionals fiel enter the staff category Senior

• Within the Assistants and Support staff field enter the staff category Junior

• Enter the job type Insolvency within the job type field
  
  
  

On the Selection tab, select the clients for which the information is to be printed. Running this report the output will look like this:

• On the SIP 9 report there is also a Total fees claimed £ row. You will need to use the Billing Analysis report or a Fees report to calculate this information.
  
  If there is time against the client that is either an adjustment or assigned to a staff member not in a staff category this will be added as a separate column Unattributed. (In the latter case the staff can be added to a category and the report re-run).

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