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Time keeps on slippin’ into the future

My favourite QuickBooks feature
28 Aug 2009

Published Online by the QuickBooks ProAdvisor Program, Intuit Canada, August 2009  

Time keeps on slippin’ into the future

 Eileen Reppenhagen, CGA Certified
QuickBooks ProAdvisor

 

My favourite QuickBooks feature is the one that increases my bottom line and helps me make sure that time doesn’t just slip away. With 52 weeks in a year, we usually work 48-50 weeks, 5 or 6 days a week. Over a year, 8 working hours per day x 5 days a week x 48 weeks, would be 1,920 hours.

Problem: self-employment requires administration, so not all of those hours are billable. So what’s my plan? There are whole days with no billable hours while I prepare for major events or get stuck working on other the house. There are days when all I do is email or talk on the phone and nothing goes on the timesheet. Does this sound familiar?

 

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Eileen Reppenhagen, CGA, ACG, Certified QuickBooks ProAdvisor, and Honorary Member of the Institute of Professional Bookkeepers of Canada, writes and speaks about accounting and tax.  She is a regular contributor to Canadian MoneySaver, The TaxLetter and Intuit Canada’s Advisor Advantage.  

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