{"id":79420,"date":"2020-09-21t11:45:54","date_gmt":"2020-09-21t15:45:54","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=79420"},"modified":"2024-08-14t09:30:17","modified_gmt":"2024-08-14t13:30:17","slug":"tossing-timesheets-is-just-the-start","status":"publish","type":"post","link":"\/\/www.g005e.com\/2020\/09\/21\/tossing-timesheets-is-just-the-start\/","title":{"rendered":"tossing timesheets is just the start"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/08\/timesheetandpen_dollarphotoclub_21626843.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-43151\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/08\/timesheetandpen_dollarphotoclub_21626843-540x360.jpg\" alt=\"pen ready to fill in blank timesheet\" width=\"424\" height=\"283\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/08\/timesheetandpen_dollarphotoclub_21626843-540x360.jpg 540w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/08\/timesheetandpen_dollarphotoclub_21626843.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/08\/timesheetandpen_dollarphotoclub_21626843.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/08\/timesheetandpen_dollarphotoclub_21626843-240x160.jpg 240w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/08\/timesheetandpen_dollarphotoclub_21626843.jpg 1600w\" sizes=\"auto, (max-width: 424px) 100vw, 424px\" \/><\/a>recommended: two books to read.<\/strong><\/p>\n<p><i>by ed mendlowitz<\/i><\/p>\n<p><strong>question:<\/strong> i\u2019ve read that many firms are no longer using timesheets. how do you feel about that?<\/p>\n<blockquote><p><strong><b>more: <\/b><\/strong><a href=\"\/\/www.g005e.com\/2020\/09\/14\/how-to-determine-overhead\/\">how\u2019s your overhead?<\/a> | <a href=\"\/\/www.g005e.com\/2020\/09\/07\/9-must-haves-for-firm-growth\/\">9 must-haves for firm growth<\/a> | <a href=\"\/\/www.g005e.com\/2020\/08\/31\/collect-more-by-clearing-up-billing\/\">collect more by clearing up billing<\/a> | <a href=\"\/\/www.g005e.com\/2020\/08\/24\/envision-your-future-then-plan-for-it\/\">envision your future, then plan for it<\/a> | <a href=\"\/\/www.g005e.com\/2020\/08\/17\/5-ways-to-build-teamwork\/\">5 ways to build teamwork<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-49700\" src=\"http:\/\/4f2bur4nuye2cgakm2rm61qk.wpengine.netdna-cdn.com\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1470686574894.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\/2020\/09\/21\/tossing-timesheets-is-just-the-start\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n<p><strong>answer:<\/strong> there is a growing group of firms that no longer use timesheets.<\/p>\n<p><!--more-->the leader of this movement is ron baker, who explains his reasons and provides a model in his many books, many of which i have read and recommend.<\/p>\n<p><span id=\"more-43343\"><\/span>the merits or benefits of chucking timesheets are explained clearly in ron\u2019s books.<\/p>\n<p>however, i get many more questions about realization and time charges than about pricing based on the value of the service to be provided (although i get many of these too).<\/p>\n<p>ron\u2019s method is not just about pricing but about a different model of running a practice, which i feel has significant merit and should be considered by those entrusted to manage their practices.<\/p>\n<p>without endorsing or commenting on his methods and rationale i feel it is negligent for anyone managing a practice to not<\/p>\n<ul>\n<li>read his books,<\/li>\n<li>listen to his many webinars and<\/li>\n<li>read his prolific articles and blogs.<\/li>\n<\/ul>\n<p>managing partners can only grow their practice with minds open to new ideas.<\/p>\n<ul>\n<li>there are two books that i feel should be read to get a better understanding of the method of running a practice without using timesheets: <span style=\"text-decoration: underline;\"><a href=\"https:\/\/amzn.to\/2roudob\"><em>implementing value pricing \/<\/em>\u00a0<em>a radical business model<\/em> <em>for professional firms<\/em> by ronald j. baker (wiley 2010)<\/a><\/span> and <span style=\"text-decoration: underline;\"><em><a href=\"\/\/www.g005e.com\/shop\/radical\/\" target=\"_blank\" rel=\"noopener noreferrer\">the radical cpa \/\u00a0new rules for the future-ready firm<\/a><\/em><\/span> by jody padar.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p><strong>recommended: two books to read.<\/strong><br \/>\n<i>by ed mendlowitz<\/i><\/p>\n","protected":false},"author":1341,"featured_media":70489,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1363,1908,2274,3120,3002],"tags":[4278,3958,4281,4283],"class_list":["post-79420","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-management","category-pricing","category-pro-member-exclusive","category-special","tag-billing-rate","tag-cpa-billing-rates","tag-fee-structure","tag-pricing-rates"],"acf":[],"yoast_head":"<!-- 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