Fee Note Settlement


A fee note settlement occurs once a fee note has been approved and the corresponding payment has been received. Upon settlement, the invoice issued to the client will reflect the reduced outstanding balance or indicate a zero balance if the fee note has been fully paid.


Steps:


  1. Log into the system
  2. Go to Client Invoicing module
  3. Under “Fee Notes, Credit Notes” section click on the "Fee Notes/DRN/Interim Fee Notes" link
  4. Identify the fee note you wish to settle.
  5. Click the Action button associated with that fee note and select the Fee Settlement option.
  6. A pop-up form will appear. Complete all required fields, including:
    • Account Type
    • Currency
    • Description of the item paid for
    • Selection of the relevant checkboxes
  7. Click Submit to save and complete the settlement process.