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Using the Penalty Interest Report

Daniel Martin
  • Updated

Overview

The AR Penalty Interest Report helps your firm identify Accounts Rendered (ARs) that are currently eligible for Penalty Interest based on your firm’s configured rules.

The report is a read-only review and validation tool. It allows you to preview which ARs meet eligibility criteria, understand how Penalty Interest would be calculated, and export the information for review or audit purposes.

Eligibility in this report depends on:

  • practice-wide Penalty Interest configuration, and
  • Party-level or Matter-level inclusion or exclusion settings.

There are no AR-level overrides.

Note
This report does not apply, post, or commit Penalty Interest. No financial records are created or updated when the report is run.

Who can do this

  • System administrators
  • Any role that has been granted access to the AR Penalty Interest report

Before you start

  • Penalty Interest must already be enabled and configured at the practice level.
  • Your role must have access to the AR Penalty Interest Report.

Note
This article explains how to identify eligible ARs using the report. Configuration and application of Penalty Interest are covered in separate articles.

Steps

  1. In OneLaw, go to the Home tab on the navigation ribbon.

  2. Click Report List.

    Result: The Reporting window opens, with the report list visible on the left

    Reporting window showing the list of available management reports on the left, with AR Penalty Interest highlighted to indicate the selected report.

  3. From the Management Reports options, Select AR Penalty Interest.

    Result: The report options are displayed

    AR Penalty Interest report options showing Interest Calculation settings, AR Note checkbox, and Author grouping options available before running the report.

  4. Interest Calculation - choose how interest is calculated
    • Select From overdue date or last interest date to calculate interest as at a specific date.
      • The Calculate as at date defaults to today. Select the date picker to change this if required.
    • Select For period to calculate interest for a defined date range, then select a start and end date.
  5. AR Note - select whether to include the last AR note
    • Select the checkbox to include the last AR note in the report output, if needed.
  6. Author Grouping - choose how results are grouped
    • Leave the default grouping to display all clients, sorted by client name, or
    • Group the report by Client Author or Matter Author.
      • Then choose to include all authors or selected authors only.
  7. To view the report on screen, select Preview.

  8. (Optional) Export the report

    • Select Word, Excel, or PDF, depending on your review or audit needs.

Result

You can view and export a report that:

  • lists only ARs that are currently eligible for Penalty Interest
  • shows calculation context, including
    • AR age
    • last Penalty Interest charge date (if applicable)
    • interest that could be charged as at today’s date or for the selected period
  • supports internal review, validation, and audit processes

No Penalty Interest is applied or posted as a result of running this report.

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