CosmoLex 6.5.1 – Bank Error Management & More
Released on April 11, 2020, CosmoLex version 6.5.1 introduced Bank Error Management in Bank Reconciliation. Bank errors are mistakes made by the bank when depositing or withdrawing funds from your account. To prevent having to allocate these errors to a client or firm ledger, we have added the ability to account for these errors while in the reconciliation statement.
Along with Bank Error Management, our latest update also introduced Relation Fields to Document Assembly, and enhancements for printing and emailing invoices.
Free CosmoLex Subscription for Accountants
CosmoLex Accounting Partner LogoCosmoLex has a great benefit that you may not be aware of. Each CosmoLex account is eligible for a Free User Login for their external accountant or bookkeeper through the CosmoLex Accounting Partner Program. To learn more about the qualification process to get your accountant set up, please contact our Manager of Partner Relations, Michelle, at firstname.lastname@example.org to get started.
User Tips & Tricks
Utilizing Matter Relations in Document Assembly
As one of our newest enhancements to Document Assembly, it’s important to note that the system will now automatically create merge fields for matter relations. This has implications for both existing and future matters, including the fact that relations types must now be unique within a matter file (i.e. if two witnesses are included on a file one can be ‘Witness’ but the other must be labeled with a unique type such as ‘Witness 2’).
You can add newly needed relation types under Setup > List Items > Contact Type
CosmoLex User Resources
Reminder: Daily CosmoLex Training Classes Open
CosmoLex Training ClassesAs a reminder, live CosmoLex training classes are held daily at 3 pm ET / 12 pm PT and are available for all CosmoLex subscribers to attend for free.
There’s no better time than now to brush up on your CosmoLex skills and complete your system training! Click below to reserve your spot now.
Memorial Day (USA)
CosmoLex Offices Closed
Phone Support available 9am – 8pm
Live Support available 9am – 9pm
Continuing to Work from Home
As the world has now adjusted to the “new normal” of working from home, as a CosmoLex User you were already ahead of the curve. However, there are many other tools available for you to ensure that your home office is just as set up and protected as if you were in your regular office.
Through the month of April CosmoLex has tried to bring those resources and information to you. If you have not had a chance yet, please check out our blog post Tips to Effectively Work Remotely: Keeping Your Firm Running During a Crisis and our on-demand webinar, Preparing Your Law Practice: How to Operate Remotely.