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Time Matters, Billing Matters and Billing Matters Accounting are registered trademarks of LexisNexis, a division of Reed Elsevier Inc.
Time Matters / Billing Matters and QuickBooks – The Good, The Bad, The Choices...
You want Practice Management that is highly customizable, including document management, events and to dos throughout the firm and more. You want to capture your time and generate bills. And of course you need accounting. Time Matters offers an ability to customize almost every field on every data entry form, and it offers the ability to setup security for users at the field level. While I wouldn’t necessarily recommend doing this, it is nice to have the options you need. Time Matters also does a good job of showing your data through the user of customizable column views and “power views” that let you view record information without opening the actual records.
Perhaps you have been using Time Matters / Billing Matters and Billing Matters Accounting and you are deciding what to do now that Billing Matters Accounting is being discontinued. Or maybe you are just beginning the search or implementation. Either way, Billing Matters linked to QuickBooks offers some advantages as an accounting solution working with Time Matters.
Time Matters links to QuickBooks with or without Billing Matters. The decision is really how much power do you want in your billing, where do you want to do your billing and where do you want to receive payments. We recommend Billing Matters, but present information to help you decide for yourself.
Time Matters Basic Billing lets you enter time and expenses and send them to QuickBooks for billing or create simple invoices in Time Matters and then send the resulting information to QuickBooks. All billing is tied to QuickBooks Sales Reps and you match the Time Matters Staff to the Sales Reps. You also match QuickBooks Items to Time Matters Billing Codes. This matching allows the information to fill in on the billing forms automatically and insures you won’t forget, which will cause problems with data transferring to QuickBooks. A nice feature of Time Matters Basic Billing is that you can run transaction inquiries from within Time Matters and see the invoices and the payments entered in QuickBooks.