WIP
MARKDOWN FORM
For Write-Offs
in Excess of 20% and $3,000 or more than $5,000, regardless of the %
Client Number:
Client Name:
BILLING DATE:
Net WIP for this service $
Proposed billing $
Proposed write-off $
%
Portion of write-off that was planned $
Amount
billed last year for same service $
Please
complete this section if the markdown is part of a larger project and previous
time was billed and/or written-off.
Cumulative Gross
WIP $
Cumulative billing
$
Cumulative
write-off $
%
Portion of
write-off that was planned $
Amount billed last year $
Should
this client be retained? yes no If
no, please discuss your thoughts with [Name]
Please
explain your answer: prior to any
discussions with the client.
Yes No N/A
Were any
additional services performed?
Are we billing
for additional services?
Was client
advised of extra time necessary to complete project?
If yes, when
did we notify client and what were terms of the agreement for billing?
|
Code
|
Description
|
|
Explanation
|
|
10
|
Inexperienced
staff/training issues
|
|
|
|
11
|
Scheduling errors/conflicts
|
|
|
|
12
|
Staff turnover
|
|
|
|
13
|
Budgeting error(s)
|
|
|
|
14
|
Not billing for extra
services
|
|
|
|
15
|
Client unprepared
|
|
|
|
16
|
Discounted
|
|
|
|
17
|
Speculative work
|
|
|
|
18
|
Pro Bono
|
|
|
|
19
|
1st year,
planned markdown
|
|
|
|
20
|
Underbid this year
|
|
|
|
21
|
Max billed, excess time not
planned for
|
|
|
|
22
|
Use of more experienced
staff--higher bill rate
|
|
|
|
23
|
Other
|
|
|
Yes
No N/A
Has staff evaluation been done?
Has evaluation been reviewed with
staff?
Has evaluation been routed to
personnel file?
Partner Signature
Second Authorization Signature
