Thursday, December 18, 2014

How to Keep A Record of Items for Possible Reimbursement (Part 3)

In my two previous posts, I talked about the items that would qualify for a reimbursement and how a freelancing professional can accurately present a record to his client.

To illustrate, let's say I was hired to write copy for a three-fold flier and I have to beat a six-week deadline. My client represents a training institute focused on equipping students with technical skills for career advancement in the workplace.

Let's say my client instructed that the institute's coordinators would like to attract more students to take up short-term courses that allow them to acquire a specialized skill. The flier would be part of their marketing strategy. 

Consequently, I will be tasked to interview some of the institute's successful graduates who have since gone on and landed entry-level positions and gradually worked their way up the career ladder.

Additional tasks include writing at least four concisely written testimonials vouching for the competence of the training institute and providing figures on how a certificate can increase an employee's salary within, say, a five-year stint in a company.

I create charts using Microsoft Word. Your record of incurred expenses can look like this:

Date                                       Meals                                         Fare

September                    Php220 (Lunch)                      Php100
   12                             Php220 (Two snacks)                  

September                    Php270 (Lunch)                      Php120
   24                             Php200 (Two snacks)

October                         Php250 (Lunch)                       Php100
    2                              Php200 (Two snacks)

TOTAL:    Add everything up and calculate at least 30 percent of the total.

Now, if I were to enter the amount into my invoice, here's how it would look:

Invoice of

Freelance Writer/Proofreader

Magazine Features * Ghostwriting * Resumes
Copywriting * Web Content * Blogging * SEO

Rate: Per project

Date                                          Tasks                                       Charges*

September 8-11           Brainstorming /
                                              conceptualizing                       Php2,000
September 12          Interview with graduates

September                Market study, feasibility            
   15-19; 22-26             study, day out on the 24th        Php4,500

September          Make follow-up calls for possible 
   29-October 3          rewrites; day out on the 2nd

October 6-10                        Revisions                                 Php1,500

October 13-15                 Finalize drafts

                                      Add at least 30 percent of
                                         incurred expenses.                      PhpX,000

                                          Add your flat fee.                           Php500

TOTAL                                                                                    State exact 

*Keep in mind that freelancer's fees vary, even flat fees. The crucial issue is to make sure that you're being justly compensated.

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