Friday, January 21, 2022

New non-chargeable codes for accountants' timesheets

For those accountants still using timesheets and wanting to distinguish time spent on different non-billable activities:

5316 Useless internal meeting 
5317 Helping colleague with yet another alternative to Zoom
5350 Covering for incompetence of colleague 
5400 Trying to explain things to new colleague who just doesn't get it 
5480 Eating snack 
5490 Updating status on facebook 
5500 Filling out timesheet 
5501 Inventing timesheet entries 
5640 Miscellaneous complaining 
5800 Posting status updates on the firm's social media accounts
6206 Gossiping 
6207 Planning an office social or work event
6211 Updating CV 
6221 Pretending to work while boss is watching 
6350 Playing jokes on a new colleague
7010 Checking to see if the firm has been mentioned online
7281 Extended visit to the loo and surfing social media 'news'
8100 Reading online blogs 
8102 Laughing while reading blogs 

9106 Explaining to Partner why we cannot bill all of the time on the clock 
9107 Explaining to staff why we need to bill more than the time on the clock 
9108 Negotiating fee with client before fee note sent out 
9109 Writing covering letter/email to justify size of the fee note 
9110 Responding to client's questions re the size of the fee note 
9111 Preparing a tailored version of the WIP ledger to support the fee note 
9112 Negotiating fee with client after fee note sent out 
9113 Celebrating when client pays larger than normal fee

Any more for any more?

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