{"id":11173,"date":"2018-01-05T08:00:36","date_gmt":"2018-01-05T14:00:36","guid":{"rendered":"http:\/\/taxprocenter.proconnect.intuit.com\/?p=11173"},"modified":"2018-02-01T10:43:27","modified_gmt":"2018-02-01T16:43:27","slug":"how-to-get-paid-on-time","status":"publish","type":"post","link":"https:\/\/accountants.intuit.com\/taxprocenter\/practice-management\/how-to-get-paid-on-time\/","title":{"rendered":"How to Get Paid – on Time!"},"content":{"rendered":"

Tax professionals provide an invaluable service to their clients but often struggle in pricing, billing and collections. Failing to set appropriate fees and collect payment can cut into your bottom line. You must make a conscious effort to ensure to get paid on your fees in a timely fashion and secure a fee agreement up front, as well as deliver excellent work ahead of schedule if possible, to cement client satisfaction. This increases the probability that the client will pay the bill, sparing you the wasted time and anxiety from having to send statements or hound clients to collect what you\u2019re owed.<\/strong><\/p>\n

Establishing a timely, accurate system well ahead of time will enable you to get paid by your clients in a timely manner. Having a system in place will ensure you minimize problems and identify ahead of time any problem clients down the road. Fortunately, there are a few simple techniques that virtually every tax firm, large or small, can use to make their practices significantly more profitable.<\/p>\n

Questions to Ask the Client During the Initial Interview<\/strong><\/p>\n

Here is some guidance on typical questions to ask during the initial interview:<\/p>\n