Law firms tracking client payment allocations to fees versus costs cannot rely on TimeSolv's paid cost reports, which incorrectly show costs as fully paid even when partial payments are allocated 100% to fees, leading to improper reimbursement of advanced costs.

TimeSolv fails to accurately track allocation of client payments between fees and costs, especially when costs are advanced and clients make partial payments over multiple periods, causing misreporting of cost payment status.

Severity

4High

Willingness to Pay

implied

Added

May 8, 2026

Implied Software Gaps

A payment allocation module that correctly tracks partial payments against costs and fees over multiple periods

App Concept

AllocLedger

AllocLedger is a payment allocation add-on for time-and-billing systems used by law firms and professional service businesses. It automatically tracks partial payments across fees and costs, preventing misreporting of cost reimbursement by using a ledger-based approach that correctly attributes each payment to the proper fee or cost component.

Key Features

Rule-based allocation engine that splits payments between fees and costs based on firm preferences
Real-time cost reimbursement tracking showing exact paid amounts remaining per cost item
Integration with popular billing systems like TimeSolv, Clio, and PracticePanther
Detailed audit log of all payment allocations for compliance and transparency

Target Users: Administrators and billing managers at law firms (especially mid-sized) using time-and-billing software who advance costs to clients and need accurate payment allocation reporting.

Revenue Model: $49/mo per firm for up to 5 users, $99/mo for unlimited users

Existing Solutions Mentioned

TimeSolv

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