Hello! It's great that your friend is considering taking on a project to create a projected financial reporting for a masteral degree. As a graduate of BS Accountancy with experience as a Distributor Accounts Payable/Bookkeeper, she is well-equipped to handle such a task.
In determining how much to charge for this project, there are several factors to consider:
1. Scope of Work: The first thing your friend needs to do is to understand the scope of the project. Will she be responsible for creating the entire projected financial reporting on her own, or will she be working with a team? The complexity and amount of work involved will influence the pricing.
2. Time and Effort: Creating a projected financial reporting for a masteral degree can be time-consuming, especially if it requires in-depth analysis and forecasting. Your friend should consider how much time and effort she will need to put into the project.
3. Experience and Expertise: Your friend's background in accountancy and bookkeeping is a valuable asset for this project. She should factor in her expertise and experience when determining her pricing.
4. Market Rates: It would also be helpful for your friend to research the market rates for similar projects. She can look at what other professionals with her qualifications are charging for similar services.
5. Client's Budget: Finally, your friend should consider the budget of the client who has offered her the project. It's important to strike a balance between a fair price for her services and what the client is willing to pay.
Overall, without knowing the specifics of the project, it's difficult to provide an exact figure for how much your friend should charge. However, she should take into account the factors mentioned above to come up with a reasonable rate that reflects her skills, expertise, and the value she will bring to the project. Good luck to your friend on this endeavor!
PH