End of Day (EOD) is a term used to refer to the time at the end of the business day when all transactions have been completed and recorded.
EOD is an important concept for freelancers to understand as it marks the end of a day’s work and is frequently a deadline requested by clients working traditional hours.
As a freelancer, it is important to understand the concept of EOD as it is a signal for when to turn in completed and accurate work in order to meet client expectations. Additionally, EOD is a great time to review your records and update your books, ensuring accuracy and consistency.