Onit Documentation

Requesting Additional Life of Matter Budget

by Dana Edel Updated on

These instructions only apply to matters with a Life of Matter fee arrangement. If your client has a custom configured budgeting solution in Onit, the following does not apply.

1. Sign into BillingPoint and choose the Billing Authorizations tab, find the matter. Click on the matter number (in blue) to open the current budget.

2. Click on Request a Change. An alert will appear letting you know that the current Budget/Billing Authorization will be closed, click OK.

NOTE: Once the previous authorization is closed, you will not be able to submit invoices to this matter until the new authorization is approved.

3. The new Budget/Billing Authorization form will appear. You need to enter the new budget, the reason for the requested additional budget, add any additional timekeepers that will bill on the matter, and then click Send.

NOTE: the remaining budget from the previous Billing Authorization will not roll over into the new budget.

Example: on the screen shot below, the $159,468.78 remaining budget will not add to the new requested budget, so if the firm needs $200,000 to submit their invoice they would request $200,000 as the new budget amount.

4. The phase will show Pending Approval after you have submitted it. Once the client approves the budget you will see the phase as Approved and you can begin submitting invoices against it.

Previous Article Submitting a Budget for Life of Matter Fee Arrangement
Next Article Accruals Collaboration via BillingPoint

© 2024 Onit, Inc.

docs.onit.com contains proprietary and confidential information owned by Onit, Inc. that is subject to copyright. Onit presents it exclusively to you for your sole use in conjunction with using Onit products. No portion of the materials contained herein may be used for any other purpose. No portion of the materials contained herein may be shared with third parties or reproduced in any form.