Timesheets, Expenses & Billing for Accounting Firms

Timesheets, Expenses & Billing for Accounting Firms is designed to meet a number of standard requirements in the sector:

  • Time capture for audit, payroll, accounting, tax advisory, corporate finance and consulting engagements
  • Expense capture and rebilling
  • Fixed-price audit invoice calendars
  • Payroll fees based on progressive discounts by payslip numbers
  • Time-based fees where required
  • Revenue recognition procedures for fixed-price work
  • Analysis of achieved fee rates by engagement, client, department
  • Analysis of utilisation

All built on a potentially multi-company, multi-currency, multi-lingual base.

Set up:

  • Employees
  • Clients
  • Projects
  • Departments
  • Locations
  • Fee Rates
  • Payslip Rates
  • Fixed Fee Calendars
  • Cost Rates
  • Timesheets (Entry and Authorisation)
  • Absence Requests (Entry and Authorisation)
  • Expense Types
  • Mileage Rates
  • Tax Rates
  • Creditor, Purchase Tax, Expense, Sales, Sales Tax and Debtor Accounts
  • Expense Claims (Entry, Authorisation and Review)
  • Expense Journal Export for Import to Accounting Systems
  • Timesheet and Expense Data Correction
  • Invoicing (Expenses, Fees, Expenses & Fees, Ad-Hoc)
  • Credit Notes (Ad-Hoc, Corrections, Reversals)

Reporting:

  • Utilisation (Utilised time as a % of Available time)
  • Project Margins, Achieved Rates, Realisation
  • Work in Progress (WIP)
  • WIP Trends
  • Project and Company Revenue Evolution
  • Employee Margins
  • Project Actuals vs. Estimates
  • Timesheet Data
  • Expense Data
  • Invoice Data
  • …and many other inquiries and reports.

Note that this is a sample configuration. If Ready to Go doesn’t suit you, then tell us your requirements and, if we can, we’ll Tweak the system to meet them.

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