Review: Time & Billing 2012

Thursday, 11 October 2012
Special Reports

/time and billing.There are two ways to bill for client services, and neither is perfect. The first is known as project billing, or billing-by-the-job. Under this method, the client is quoted a full price for the job based on the estimated time and costs anticipated for the job. This usually works to the advantage of the accounting firm, since no firm wants to lose money on a job and thus will quote just a little on the high side.

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