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.