Consulting Business Accounts

Kevin Davison kdavison at cyber-wizard.ca
Tue Dec 8 20:46:48 EST 2015


In my case, for the second arrangement, I don't have any need for 
prepayment. I just pull time from my timetracking software, total the 
dollar value of the hours worked and send an invoice. Only my prepaid 
customers require time applied to pre-agreed blocks of time. All of my 
others are just pay-as-you-go.

I would think that the same principle would apply. The time agreed to in 
the contract would still be a liability but you'll wind up invoicing 
several times during the block time period rather than once at the 
beginning the way that I've been doing it.


On 12-08-2015 7:52 PM, dathome wrote:
> My typical situation would be the second arrangement. I assume you use the
> same account configuration for either arrangement.
>
>
>
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