Dynamic Accounting and Goal Setting

[bhasan01854]

In the past, as an office worker, I would not record my income because it was almost the same every month and there seemed no need to record it specifically. But it’s a different story when I became a freelancer. I spent a lot of time thinking about “when should I keep accounts”: should I do it when the contract is signed or when the payment is made? If it is counted when the contract is signed, will my labor not be reflected if the work starts a long time later? If the calculation is made at the time of payment, what should I do if the other party pays very late? In short, each method has its advantages and disadvantages. After discussing with a friend who was taking on the case, I decided that as long as we "stick to the same logic", it would be fine. After all, the purpose of bookkeeping is to make yourself clear about the direction of the accounts. Just do not change the timing of bookkeeping at will to facilitate tracking later.



Use Qiqi Accounting to link Google Sheets to account
After dealing with the accounting time points, I started to worry about how many cases I should take, how much income I should have every month, and what to do if I fail to achieve them? In the past, as long as office workers worked hard every day and did not make any major mistakes, they basically did not have to worry about anything. As for freelancers, since the frequency and amount of income are uncertain, it is very important to set a reasonable goal. I read some articles online and found that some people set goals based on quarterly income or annual income. el salvador mobile database They do not use monthly income to consider the length of the case and the speed of funding. If you look at it in terms of months, it will be too late. But of course if the dimension of your case is smaller (for example: on a daily basis), you should still be able to aim for monthly income.

After determining the dimensions of the goal, the next step is how to achieve it. My friend who has been taking cases for two years actually has a very simple approach. He has a fixed goal every month and he will try his best to achieve it. If he fails to achieve it this month, he will take more cases next month to make up for it. If he cannot make up for it, he will spend less money. In short, he wants to keep his savings at a certain level.

This time I didn’t set a goal, but instead I just wanted to test my ability. Well, it’s obvious that my ability is not that good, haha. Next time I have the chance I will set a goal and give it a try.