How to use the 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:

Step 1 - Setup the Time Ledger

Step 2 - Post Timesheets

Step 3 - Set the Insolvency Report options

Step 1 - 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. Select File | Staff and highlight a partner and click View. Ensure that Is a partner in a firm is selected.

Setup Staff categories

Set up three staff categories.

1. Select File | Categories | staff categories, click 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.

2. Select File | Staff, highlight a staff member and click View. Select the Links tab and 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.

1. Select File | Job types | Job types. This will list the jobs, from this screen click New.

2. Enter:

   • The Job type code
   • The Job type description
   • Deselect Record WIP at individual job level (otherwise is by job type)
   • Select Unspecified levels from Subsequent jobs repeat at list

Setup Work type

Set up the Work types for the work to be done.

1. Select File | Work types. From the list select New and enter an identifier and description .

Then at the time of publication the list shown on the SIP 9 report include, but always check with HMRC:

• Administration and planning
• Investigations
• Realization of assets
• Trading
• Creditors
• Case specific matters

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Step 2 - Posting Timesheet

1. Select Post WIP | Timesheets, select a Staff Member and click Re-open.

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

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Step 3 - Insolvency Report Options

1. Select Reports | Client reports | Insolvency work report

2. On the Option screen select:

   • The time frame

   • In the Manager field enter the staff category MANAGER

   • In the Other Senior Professionals field enter the staff category SENIOR

   • In the Assistants and Support staff field enter the staff category JUNIOR

   • In the Job type field enter Insolvency

From the Selection tab, select the clients to print the information for.

Running this report the output will look like this:

• If there is time against the client that is either an adjustment or assigned to a staff member not in a staff category, the time 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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