Freelance Accounting

This article will be useful and interesting for those who work in the field of freelancing or are the owner of a small service business who cares about their financial situation. If a freelancer has several successful projects that bring in a good and stable income, or dozens of clients a month, then you should seriously think about a convenient and simple tool for the necessary calculation of all income and expenses as a home accounting.

Through the use of simple programs in Excel (Open Office, Google, etc.), anyone can easily keep track of their financial transactions. It is convenient, accessible, simple and visual, but if a person is not a pivot table guru, from such a table you can get some other useful information for professional activities.

Thus, accounting is a systematic record of the financial affairs of a freelance business. It can take many forms, including a stable system that makes it easy to keep track of how much has been earned and how much has been spent.

Usually this is the cost of each order received, the total price of orders for a certain period of time and the amount of work performed. It is also possible to additionally learn and study the following criteria:

• what services regularly bring more profit;
• what is the demand for certain services/products;
• which clients bring constant income;
• how much money is in different bank accounts;
• what transactions were made on the current account during the reporting period.

Based on the information received, the freelancer will be able to clearly imagine his real financial situation: on what, how and how much he earns and how it is more profitable to provide his services to clients. Given the dynamics of all income and their seasonality over the past months, it is possible to approximately predict the level of your expenses and cash receipts for the future, plan personal expenses or investments in the development of your business.

Why do we need this

Most freelancers receive money to different wallets: WebMoney, Yandex, Qiwi, bank accounts and cards. To find out how much you managed to earn in a month or a year, you have to sit with a calculator and add up all the numbers from the history of each wallet. This is a rather laborious and lengthy procedure. It should be borne in mind that some freelancers also spend money on advertising, pay taxes and transfer money to contractors.

All these procedures are quite inconvenient and take a lot of time. Currently, there are a huge number of simple services that can calculate everything on their own – you only need to enter into it all payments received for a certain period of time, as well as work costs, if any.

The client threw an advance payment – they immediately wrote it down, paid the editor – indicated this in the table. You can see your income at any time in a convenient summary, all you need is to create an account in any browser, and then get started.

At the end of the day, the core dynamic of a freelancer’s life is that they only get paid when they complete projects for clients without error. To be successful in this area, you need to maximize the time spent on customer service and reduce the time spent on administration.

Helpful bookkeeping tips for freelancers

One of the main opportunities for freelancers to legalize their activities is to register an individual entrepreneur. How profitable and difficult is it to be an entrepreneur and how to keep your home bookkeeping?

In this context, the question immediately arises which records should be saved first. What you should write down and how you write it down may vary depending on the type of income and expenses, but there are minimum requirements:

• Who did you get money from or paid it to?
• date;
• amount;
• target.

In addition to recording the specified data in the list, you need to save additional information about each transaction, where important documents are located, which, if necessary, can be referred to. The main reason for keeping such records is that the entrepreneur can at any time prove where his income came from and show the validity of his expenses.

Depending on how the freelancer organizes their freelance business, it may sometimes be necessary to keep track of some things that may have a positive aspect for further development of the activity.

The tax rules officially set the minimum period for which records must be kept, and, of course, each entrepreneur decides for himself whether to adhere to this or not. However, do not hesitate to keep business-relevant information longer than the prescribed period and provide real data when submitting information directly related to financial transactions.

When, after many sleepless nights, the diploma is finally ready, I want to pass it and forget it. But the university will not lag behind the student so easily. After all, the full text of the diploma was read only by the supervisor, and a whole commission will gather to evaluate it. Therefore, in many respects, his assessment depends on how a student defends a diploma.

So what is a successful defense?

• Competent protection text
• positive diploma review
• confident answers to commission questions

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our experts will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our specialists will write you a paper of any complexity, and you can discuss the price with them personally.

In the introduction to the course it is necessary to indicate many important points. One of them is methodology. The student is required to indicate what methods he will use in the study of the topic. This is not the easiest task, and often students cannot cope with this task themselves. In this case, you can contact us. Our specialists will write you a paper of any complexity, and you can discuss the price with them personally.

Speech structure

Of course, what exactly to say in the defense depends mainly on the topic of the thesis and on what exactly is written in it, but there are general recommendations that are suitable for everyone.

• First, we need to say hello to the members of the evaluation committee. (“Dear members of the attestation commission! Your attention is presented to the final qualifying work on the topic …”)
• Introductory part. Here you need to reveal the topic and identify the issues that are raised in the work.
• Relevance of the topic. At this stage, it is important to prove the relevance of the chosen topic and the degree of its development in other people’s works. Indicate the subject, object, objectives and purpose of the study.
• Theme disclosure structure. Here you just need to list the paragraphs that are in the work and briefly describe them.
• Problem statement. To confirm the relevance of the topic, it is necessary to state the problem and indicate debatable opinions on this matter.
• Conclusions. At the end of the speech, the commission should hear the conclusions that the student came to in the course of writing the diploma, in which there are ways and methods for solving the stated problems.

On the one hand, it seems that it is much easier to write a graduation speech than the diploma itself. However, high-quality speech is a skillful squeeze out of the work, as well as its competent presentation. And it often happens that a diploma is written with the highest score, and a student gets a worse grade. Therefore, if there is a lack of self-confidence, you can order a speech on our website. And then the probability of failure due to bad speech will disappear. After all, we give a twenty-day guarantee for the work, and if something does not suit you, you can demand that the author finalize the order for free. We make sure that students are satisfied, so if the final version of the work does not meet the stated requirements, you will get your money back.

Formal requirements

When writing a speech for a thesis, you must also take into account that there are purely formal requirements.

• Time. Do not forget that there are many students, but only one commission. Therefore, the time for a defensive speech is regulated and ranges from 5 to 7 minutes. At the same time, you should remember about the time that will be spent on commission questions.
• Intonation. Where, no matter how on the defense of a diploma, is it important to win over listeners? Therefore, it is better not to read the speech monotonously, making accents with intonation.
• Style. When presenting a speech, it should be remembered that the main goal is understanding on the part of the commission. Therefore, you should not be too smart, but you can’t switch to colloquial speech either. In this matter, you need to observe the golden mean.
• Pronouns. As in the diploma itself, it is important to remember during the defense that although the author of the diploma is clearly spelled out, there are a lot of true owners of knowledge reflected in the work (the authors of all the sources the student relied on plus the supervisor), so first-person pronouns are not appropriate here.
• Questions. After the end of the speech, questions from the commission will inevitably follow, and you need to be ready for them. Suggested questions should be written down in the course of writing the thesis, work through all the questions that arose during the pre-defense, and you can also look at the questions at the end of chapters from textbooks on this topic.
• Pre-protection. In such a matter as defending a diploma, it is better not to be presumptuous and neglect pre-defense. On it, you can practice giving a speech and write down possible questions from the audience. This will allow you to feel more confident in the official defense.

Of course, these are only recommendations, and no one forces you to strictly follow them. However, the rejection of some positions during the defense will create additional questions from the certification committee, which is not always loyal. Therefore, it is best to think through all possible questions and answer them in advance in a defensive speech. Then the teachers will have a minimum of questions, and they will be grateful for the saved time.