Monday, December 1, 2014

How to Keep A Record of Items for Possible Reimbursement (Part 2)

In my previous post, I talked about the possibility of claiming reimbursements from clients. Here's the last item that you should include in your invoice:

(3.) Telephone and mobile phone bills

In the Philippines, people can get access to unlimited Internet through offers called "bundles" by companies like PLDT and BayanTel. You can get a telephone line with your Internet at a variety of monthly rates. 

Paying for a telephone-and-Internet bundle is an excellent idea to be able to sustain a freelancing professional's career. It can qualify as a tax deductible, which can help you reduce costs in the long term. 

Provided that you live within an area where it's easy to avail of such services, consider a telephone-and-Internet bundle as essential to your career. As a side note, there are reputable companies that outsource tasks and projects, and they allow a budget for a freelancer's Internet connection.

Now, if you schedule occasional days to go out to attend events and network, pay bills, and make appointments with people who can lend authority when you do research, a post-paid cellular phone plan may be better than making calls through telephone. 

But whichever you decide to use, have your telephone bills photocopied within the duration of the project and include them among the receipts you've incurred for your meals and fare. 

Next, add up the amount and calculate the equivalent of 30 to 40 percent of all expenses incurred.

In my next post, I'll show you how to include reimbursements in your invoice.

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