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Why reconcile timesheets, billing and the ledger in a services firm?
Timesheets show time recorded, billing shows what was invoiced, and the ledger shows what was booked and paid. Reconciling them reveals unbilled time, write-offs, mispriced work and revenue that does not match, so utilisation, WIP and realisation figures can be trusted.
Without reconciliation, each system tells a different story: timesheets may overstate billable hours, billing may exclude expenses, and the ledger may book revenue in a different period.
Typical checks:
- Time recorded but never billed.
- Invoices without matching time.
- Ledger revenue that differs from billing totals.
Zansa reconciles timesheets, billing and ledger data for professional services firms as part of its dashboards, so team and client reports rest on figures that agree across systems.
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