{"id":129623,"date":"2024-08-26t11:53:13","date_gmt":"2024-08-26t15:53:13","guid":{"rendered":"\/\/www.g005e.com\/?p=129623"},"modified":"2024-09-10t09:25:55","modified_gmt":"2024-09-10t13:25:55","slug":"hourly-billing-doesnt-cover-the-value-now-what","status":"publish","type":"post","link":"\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/","title":{"rendered":"hourly billing doesn\u2019t cover the value; now what?"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-45539\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101.jpg\" alt=\"\" width=\"1600\" height=\"1066\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101.jpg 1600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101-424x283.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101-849x566.jpg 849w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/strong><\/p>\n<p><strong>a lesson in applying judgment.<\/strong><\/p>\n<p><i>by ed mendlowitz<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/101qa\/\"><i>202 questions and answers: managing an accounting practice<\/i><\/a><\/p>\n<p><b>question:<\/b> i helped a client get a bank loan, negotiated the rate and fees with the bank and had a tight covenant loosened. i prepared a personal financial statement, prepared a compilation statement for the business, projected financial figures and accounts receivable projections and reviewed and discussed them with the bank, and had numerous conversations with bank and client.<\/p>\n<h4 style=\"padding-left: 40px;\"><b>more: <\/b><a href=\"\/\/www.g005e.com\/2024\/08\/19\/ask-for-what-youre-worth\/\">ask for what you\u2019re worth<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/12\/the-top-tip-for-reviewing-tax-returns\/\">the top tip for reviewing tax returns<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/05\/you-have-to-start-somewhere\/\">you have to start somewhere<\/a> | <a href=\"\/\/www.g005e.com\/2024\/07\/29\/two-options-for-collecting-past-due-fees\/\">two options for collecting past due fees<\/a> | <a href=\"\/\/www.g005e.com\/2024\/07\/15\/you-cant-win-with-lowballing\/\">you can\u2019t win with lowballing<\/a> | <a href=\"\/\/www.g005e.com\/2024\/07\/01\/nine-reasons-not-to-specialize\/\">nine reasons not to specialize<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/24\/when-board-service-gets-tricky\/\">when board service gets tricky<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/17\/yes-you-have-to-share-work-papers\/\">yes, you have to share work papers<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/03\/hiring-experience-vs-training-inexperience\/\">hiring experience vs. training inexperience<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/22\/eleven-ways-new-staffers-can-help-bring-in-business\/\">eleven ways new staffers can help bring in business<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/13\/should-you-merge-heres-how-to-chart-your-path\/\">should you merge? here\u2019s how to chart your path<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/span><\/h4>\n<p> <a href=\"\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/#more-129623\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'><ul class=\"socialwrap row\"><li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2024%2f08%2f26%2fhourly-billing-doesnt-cover-the-value-now-what%2f&amp;t=hourly+billing+doesn%e2%80%99t+cover+the+value%3b+now+what%3f'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' 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no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-1625px 0px'   \/> <span class=\"head\">tweet this item<\/span><\/a><\/li><li class=\"icon_text\"><a rel=\"_self\" href=\"mailto:?subject=cpa%20trendlines%20:%20hourly%20billing%20doesn\u2019t%20cover%20the%20value;%20now%20what?&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\r\n\r\n\r\n\r\n%20%20\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/\" title=\"email this: hourly billing doesn\u2019t cover the value; now what? \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li><\/ul><div class=\"clean\"><\/div> <\/div>","protected":false},"excerpt":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-45539\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101.jpg\" alt=\"\" width=\"1600\" height=\"1066\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101.jpg 1600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101-424x283.jpg 424w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/11\/dollarphotoclub_82096101-849x566.jpg 849w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/strong><\/p>\n<p><strong>a lesson in applying judgment.<\/strong><\/p>\n<p><i>by ed mendlowitz<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/shop\/101qa\/\"><i>202 questions and answers: managing an accounting practice<\/i><\/a><\/p>\n<p><b>question:<\/b> i helped a client get a bank loan, negotiated the rate and fees with the bank and had a tight covenant loosened. i prepared a personal financial statement, prepared a compilation statement for the business, projected financial figures and accounts receivable projections and reviewed and discussed them with the bank, and had numerous conversations with bank and client.<\/p>\n<h4 style=\"padding-left: 40px;\"><b>more: <\/b><a href=\"\/\/www.g005e.com\/2024\/08\/19\/ask-for-what-youre-worth\/\">ask for what you\u2019re worth<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/12\/the-top-tip-for-reviewing-tax-returns\/\">the top tip for reviewing tax returns<\/a> | <a href=\"\/\/www.g005e.com\/2024\/08\/05\/you-have-to-start-somewhere\/\">you have to start somewhere<\/a> | <a href=\"\/\/www.g005e.com\/2024\/07\/29\/two-options-for-collecting-past-due-fees\/\">two options for collecting past due fees<\/a> | <a href=\"\/\/www.g005e.com\/2024\/07\/15\/you-cant-win-with-lowballing\/\">you can\u2019t win with lowballing<\/a> | <a href=\"\/\/www.g005e.com\/2024\/07\/01\/nine-reasons-not-to-specialize\/\">nine reasons not to specialize<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/24\/when-board-service-gets-tricky\/\">when board service gets tricky<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/17\/yes-you-have-to-share-work-papers\/\">yes, you have to share work papers<\/a> | <a href=\"\/\/www.g005e.com\/2024\/06\/03\/hiring-experience-vs-training-inexperience\/\">hiring experience vs. training inexperience<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/22\/eleven-ways-new-staffers-can-help-bring-in-business\/\">eleven ways new staffers can help bring in business<\/a> | <a href=\"\/\/www.g005e.com\/2024\/05\/13\/should-you-merge-heres-how-to-chart-your-path\/\">should you merge? here\u2019s how to chart your path<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-49700 size-full\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1603911598474.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener\">2022世界杯足球排名 today<\/a>.<\/span><\/h4>\n<p> <a href=\"\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/#more-129623\" class=\"more-link\">read more &rarr;<\/a><\/p>\n<div class='shareinpost'>\n<ul class=\"socialwrap row\">\n<li class=\"icon_text\"><a  rel='nofollow'  target='_blank'  title='https:\/\/www.facebook.com'  href='http:\/\/www.facebook.com\/sharer.php?u=https%3a%2f%2fwww.g005e.com%2f2024%2f08%2f26%2fhourly-billing-doesnt-cover-the-value-now-what%2f&amp;t=hourly+billing+doesn%e2%80%99t+cover+the+value%3b+now+what%3f'  ><img  src='\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif'  height='24' width='24'  class='image-24' alt='facebook'  style='background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-300px 0px'   \/> <span class=\"head\">like this on facebook<\/span><\/a><\/li>\n<li class=\"icon_text\"><a  rel='nofollow'  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href=\"mailto:?subject=cpa%20trendlines%20:%20hourly%20billing%20doesn\u2019t%20cover%20the%20value;%20now%20what?&amp;body=here's%20something%20worth%20seeing%20from%20\/\/www.g005e.com...\n\n\n\n%20%20\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/\" title=\"email this: hourly billing doesn\u2019t cover the value; now what? \"><img loading=\"lazy\" decoding=\"async\" src=\"\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/images\/blank.gif\" height=\"24\"  width=\"24\" style=\"background: transparent url(\/\/www.g005e.com\/wp-content\/plugins\/share-and-follow\/default\/24\/sprite-feb-24.png) no-repeat;padding:0;margin:0;height:24px;width:24px;background-position:-275px 0px\" class=\"image-24\"  alt=\"email\" \/> <span class=\"head\">email this<\/span><\/a><\/li>\n<\/ul>\n<div 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https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>hourly billing doesn\u2019t cover the value; now what? - 卡塔尔世界杯常规比赛时间<\/title>\n<meta name=\"description\" content=\"actionable intelligence for tax, accounting, and financial professionals\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/\" \/>\n<meta property=\"og:locale\" content=\"en_us\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"hourly billing doesn\u2019t cover the value; now what? - 卡塔尔世界杯常规比赛时间\" \/>\n<meta property=\"og:description\" content=\"actionable intelligence for tax, accounting, and financial professionals\" \/>\n<meta property=\"og:url\" content=\"\/\/www.g005e.com\/2024\/08\/26\/hourly-billing-doesnt-cover-the-value-now-what\/\" \/>\n<meta property=\"og:site_name\" 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