Timesheets, Expenses & Billing for Accounting Firms
24.3.2018
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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