Finance trivia...
Apr. 14th, 2006 08:46 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
alexpgpAt the start of this year, accounting departments at nearly all my clients let it be known that they wanted invoices sent promptly, meaning I shouldn't allow work to lie around uninvoiced. And while there are good reasons for not delaying one's invoices, in my opinion, there are also good reasons for not rushing to invoice every last item individually, almost before the bits in the delivered product have had a chance to slide out the wire on their way to the client.
For one thing, individual invoices are more work to generate, not to mention they get paid in groups (one check may cover multiple invoices), so there's a modicum of extra work in checking off what invoices have been paid. Normally, I've run somewhere just under 100 invoices ever since returning to Colorado as a freelancer; this year, it's not yet the end of April, and I've sent over 50 invoices.
Hey! I'm not exactly complaining, okay?
But there's another downside to splitting invoices among multiple documents: more invoices mean - ahem - more opportunities for nonpayment.
Now, understand that I'm not casting aspersions at anyone, nor do I think anyone is out to get me, but I've been staring at this year's deposits for several hours and however I slice it (and it's mostly guesswork because my "banker" doesn't believe in telling me whose checks are being deposited), I'm missing a good half dozen payments from a variety of people.
Writing them about the status quo will very definitely be on my list, albeit probably to be done one evening early next week. I shall have to be very, um, neutral in my approach, as - I say again - most of this is based on guesswork.
Cheers...
For one thing, individual invoices are more work to generate, not to mention they get paid in groups (one check may cover multiple invoices), so there's a modicum of extra work in checking off what invoices have been paid. Normally, I've run somewhere just under 100 invoices ever since returning to Colorado as a freelancer; this year, it's not yet the end of April, and I've sent over 50 invoices.
Hey! I'm not exactly complaining, okay?
But there's another downside to splitting invoices among multiple documents: more invoices mean - ahem - more opportunities for nonpayment.
Now, understand that I'm not casting aspersions at anyone, nor do I think anyone is out to get me, but I've been staring at this year's deposits for several hours and however I slice it (and it's mostly guesswork because my "banker" doesn't believe in telling me whose checks are being deposited), I'm missing a good half dozen payments from a variety of people.
Writing them about the status quo will very definitely be on my list, albeit probably to be done one evening early next week. I shall have to be very, um, neutral in my approach, as - I say again - most of this is based on guesswork.
Cheers...
