{"id":81695,"date":"2021-02-15t12:00:43","date_gmt":"2021-02-15t17:00:43","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=81695"},"modified":"2021-03-02t20:38:20","modified_gmt":"2021-03-03t01:38:20","slug":"why-daily-t-e-entry-matters","status":"publish","type":"post","link":"\/\/www.g005e.com\/2021\/02\/15\/why-daily-t-e-entry-matters\/","title":{"rendered":"why daily t\/e entry matters"},"content":{"rendered":"
<\/a>how about better cash collection? by roman h. kepczyk<\/i><\/p>\n studies done over the past two decades have clearly shown that there is a significant improvement in realization for firms that enter, release and post time and expenses on a daily basis. this process allows for daily or \u201chotel\u201d-type billing that is sent out with the completion of each billable project.<\/p>\n more: <\/b>the case for digital auditing<\/a> | what your auditors need in the field<\/a> | why you want a digital tax workflow system<\/a> | why digital communications matter<\/a> | the right tech tools for covid work-from-home<\/a> | it\u2019s 10 p.m. do you know where your backups are?<\/a> | the best scanners to buy today<\/a> the next step in the evolution of time and billing systems provided real-time dashboards to report on firm activities and effectively allow firms to generate invoices. this can work only<\/strong> if all time and expenses for all personnel are captured within the system. while most firms have a daily time entry \u201cpolicy,\u201d the biggest abusers of the policy are often owners and managers, so it is about time for them to get on board and use the system.
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