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Most serious freelancers will have accountants who provide (very crude) software portals which handle the company revenue stream tied to the business bank accou
by praulv 9y ago
Most serious freelancers will have accountants who provide (very crude) software portals which handle the company revenue stream tied to the business bank account. This allows each transaction to be reckoned against ongoing projects, raise invoices, handle documentation etc which are all present in that portal.
Admittedly, these tend to be quite crude but I have the added comfort that my accountant can get involved when necessary as they are familiar with it.
So perhaps the target market should be a different kind of freelancer.
- dboreham 9y agoI run a small consultancy and while we have an accounting firm for tax prep and strategic advice and to tell us how to stay within IRS rules, we do our own transaction accounting (including payroll and 401k) using quickbooks. It would be much more expensive if we had to pay our accounting firm to do this work. I felt it would be useful to say you can do this stuff yourself since I see several posts here talking about paying accountants to to it.