Getting the best time and billing software solution for your accounting firm is essential to building the firm of your dreams. And it’s not hard to see why:
A time and billing software or accountants will help you to:
In this article, we share 30 time-tracking and billing software solutions that will make your firm more productive and profitable.
But first, what makes a great time and billing software solution for Accounting firms?
Any time tracking and billing software solution you choose should have most, if not all of these features.
This is a no-brainer as it is the very thing that makes a time and billing software solution. You want to ensure that the software you choose has both automated and manual time-tracking capabilities. This will help your employees record time for offline work-related activities that the system cannot possibly track.
A good time and billing software solution will enable you to send invoices or export your time entries to your accounting billing software so you can send invoices with ease.
What is a time and billing software solution if it doesn’t allow you to look back on how your firm spends its time and the opportunities for improvement? Make this a priority feature in your research process.
Some of the time-tracking and billing software solutions we’ll discuss in this article are built to track time alone. But others are project management software solutions with differing levels of time-tracking capabilities.
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Financial Cents is a work management solution with intuitive and exceptional time and billing capabilities built specifically for bookkeeping and accounting firms. With a built-in time tracker that enables firms to record work time, send invoices, and manage team capacity, Financial Cents helps accounting firms to get work done and stay profitable.
Financial Cents’ time tracker can be seen from anywhere in the app, making it easy to start and stop whenever you like.
Once started, the time tracker follows you around the app and records your time on client work to the last second. Your employees’ work hours will be accounted for so you can pay them and bill your clients accurately.
Its two-way sync with QuickBooks Online automatically exports your tracked hours to QuickBooks Online, making it easy to send invoices and get paid.
Financial Cents is one of the most robust and affordable accounting practice management software with top-notch time and billing capabilities.
It also includes other firm management features like workflow management, client portal, document management, client management, and more. It has two payment options.
Both plans give you access to all its features including employee time tracking, invoicing, and productivity reports.
The options are:
Financial Cents offers a 14-day free trial period. You’ll be able to use all of its time and billing features.
You’ll also have direct access to fantastic human support and a wide array of helpful videos and articles.
FreshBooks helps you measure your firm’s productivity by tracking time on client projects. This also helps to bill your clients correctly. FreshBooks serves accounting firms, self-employed professionals, and businesses that work with contractors.
FreshBooks’ key features include
FreshBooks offers four pricing plans:
FreshBooks offers a 30-day free trial period.
Toggl Track easily fits into your workflows so you can track time across your firm to measure productivity and increase your earning potential. Toggl Track is solely for time tracking and works for virtually any industry.
Toggl Track’s key features:
Toggle Track has a free plan. But its plans are
Toggl Track offers a 30-day free trial.
Harvest is a software solution that allows teams in any industry to track time for accurate invoicing. Harvest is solely for time-tracking software. It works best with project management tools that do not have time-tracking features. That is why it integrates with software solutions like Asana, Trello, and ClickUp. Harvest also integrates with QuickBooks Online.
Harvest’s key features include
Harvest costs $12/month per seat.
Harvest offers a 30-day free trial.
Time Analytics Software is an easy-to-use tool that enables accountants and bookkeepers to track time to measure performance and profitability. Its electronic timesheets help managers track billable and non-billable time and analyze opportunities to scale their efficiency and profit.
Time Analytics’ key features include
The free version is available for up to 5 users.
Time Analytics offers a 14-day free trial.
My Hours is a project management software that allows team leaders to track time, manage tasks and generate reports that help them work smarter and bill clients accurately. My Hours is a generic time and billing tool and is not specific to the accounting industry like some other tools in this list.
My Hours key features
My Hours offers two plans:
My Hours Pro Plan offers a 14-day free trial.
QuickBooks Time (formerly TSheets) is a time and billing software for accountants & accounting firms that want to account for employee time and schedule work to save time and money. It helps firms to bypass the manual processes associated with invoicing, time budgeting, and payroll.
QuickBooks Time key features
QuickBooks Time gives you four pricing options:
QuickBooks Time offers a 30-day free trial period.
ClickTime gives you all you need to track and analyze your project cost in terms of time and money. ClickTime focuses on accurate time and expense tracking to prevent the loss of revenue.
ClickTime’s Key Features include
ClickTime has four plans:
ClickTime offers a 14-day free trial.
Time Doctor is a time and billing software that enables teams to track time to understand where they need adjusting to be more productive and scale their profits. As a generic tool, Time Doctor serves firms across all industries.
Time Doctor’s Key Features:
Time Doctor has three pricing tiers:
Time Doctor offers a 14-day free trial.
TaxDome is a time and billing software solution for accounting firms that lets you track billable hours to increase the productivity of your team. It also allows you to create invoices to get paid faster. Tracking time on client work requires you to simply turn on the timer when starting the client work and turn it off when done. You can add notes to the timesheet to remind you of important details.
TaxDome’s key features:
Taxdome offers two pricing:
TaxDome offers a 14-day free trial period.
Timeneye is a time tracking and billing software that helps teams save time, manage projects and increase productivity. Being a generic time-tracking and billing software, Timeneye integrates with several third-party apps like GitHub (for software developers) and Zapier.
Timeneye’s Key Features Include
Timeneye is available for a single price of $6/month per user (billed annually).
Timeneye has a 30-day free trial period.
Replicon automatically tracks time on all work apps. It doesn’t need you to click the Start/Stop button to start—thanks to its ZeroTime feature. While it can help accountants manage their time and billing, Replicon is built for teams in all industries including pharmaceutical, financial services, and advertising.
Replicon’s key features:
Replicon costs differently depending on what you need it for.
Clockify is a time-tracking and timesheet app that helps teams account for their work hours by auto-tracking the apps and websites employees use throughout the day. teams track time for projects. Clockify serves teams of all sizes and industries.
Clockify’s key features:
Clockify has four pricing plans:
Clockify offers a 7-day free trial.
Zoho Projects is a time and billing software for accounting firms that helps you track work time across your projects. Its timesheets and task timers allow you to record how many hours your employees are spending on projects and how profitable that is for your firm.
Zoho Projects’ Key Features:
Zoho Projects offers the Free Plan and:
Zoho Projects offers a 10-day free trial period.
Journyx empowers firm owners with the features they need to track time for their projects and employees to maximize client billing. Its time entry process includes a biometric time clock and makes tracking employee productivity more accurate.
Journyx’s key features:
The cost of using Journyx depends on your needs. So, you’ll have to answer a few questions to get the actual figure, which starts at $12.
Journeyx offers a 30-day free trial.
Tick helps service businesses track time against their time budget to keep their firm profitable. Whether they choose to track time manually or automatically, managers and freelancers can find all-time tracking details in their timecards. That way, they can see where they are losing time and find ways to fix it.
Tick’s key features:
One project for free. Then
Tick offers a 30-day free trial.
Xero Projects’ is a time and billing software for accountants that enables teams to track time, prepare quotes, and invoice clients to get paid all in one place. Xero Expenses makes tracking project costs easy. By snapping, submitting, and assigning time expense claims to a project, you can recover the value of the extra time your team spent on a project.
Xero Project’s key features:
Xero offers three pricing plans:
Xero Projects offers a 30-day free trial.
Everhour is a time and billing software for tracking the number of hours worked, setting the budget to monitor project progress, and creating invoices based on the time tracked. It integrates with QuickBooks Online, Xero, and FreshBooks.
Everhour’s Key Features:
Lock Time Editing to prevent employees from altering their time entries to manipulate data.
Aside from its free plan, Everhourn has
Everhour offers a 14-day free trial.
Jetpacks Workflow is a time and billing software for accountants and bookkeepers. It is primarily an accounting project management tool, which might explain why it doesn’t allow users to track time for clients. But it does a good job of tracking billable and non-billable time on task and job.
Jetpack Workflow’s key features
Jetpack Workflow offers a 14-day free trial.
Bigtime helps professional services firms keep projects time within budget and send invoices to get paid adequately. BigTime serves a diverse range of industries, including construction and IT services.
BigTime’s Key Features
BigTime offers a 14-day free trial period.
Workstatus is a time-tracking software for firms that want to monitor how their accountants are spending their time. Its integrated workforce analytics feature furnishes teams with insights into their time consumption to boost their productivity and profitability.
WorkStatus’ key features
Workstatus offers three price packages. The Free Forever Plan and::
Workstatus offers a 14-day free trial period.
Clientary’s key features
Clientary offers four pricing packages. There’s the Free Plan and:
Clientary offers a 14-day free trial.
Paymo helps firms to track work time, invoice clients, and measure profitability. It gives you visibility over who’s working on what project in real-time.
Paymo’s key features:
Paymo has three prices. The Free Plan for personal use with basic tools.
Paymo offers a 15-day free trial.
Noko is an easy-to-use time-tracking software that takes minutes to set up. Unlike the accounting-specific time-tacking options on this list, Noko serves teams of all sizes, shapes, and industries.
Noko’s key features:
Noko offers a 30-day free trial.
Avaza is a project management software with a time and billing feature. It lets you set per-project, per-user rates. It also has task collaboration, expense management, and invoicing capability.
Avaza’s key features:
Avaza has a Free plan for one user at 0$ per month. The paid plans are
Avaza has a 14-day free trial period.
Canopy is a time and billing software solution for accounting firms that lets you track work hours to get paid faster. The built-in timers record time by clients and projects and connect seamlessly to your workflows.
Canopy’s key features:
Each Canopy feature has a different price. Its Time and Billing features cost $24/month per user.
Canopy offers a 15-day free trial period.
LiquidPlanner helps teams get the most out of their time and resources with planning, prioritization, and tracking. The time tracking shows you where your employees spend their work time. Once a team member logs time, the system updates its time projections.
LiquidPlanner’s key features:
LiquidPlanner has three pricing options
LiquidPlanner has a 14-day free trial period.
AccountancyManager is a time and billing software for accountants that helps teams monitor employee productivity and turn tracked time into invoices. You can then share your invoices with your clients through email, client portal, or sync with Xero.
AccountancyManager’s key features:
AccountancyManager costs £31.20/month per user.
AccountancyManager offers a 30-day free trial period.
TimeCamp lets you track time against projects to generate timesheets that help your invoicing and create reports that aid your team’s performance. With TimeCamp, you can outline project duration and track your tea’s performance against it.
TimeCamp’s key features
TimeCamp has a free plan. Its paid plans are
TimeCamp offers a 14-day free trial period.
Apploye allows employees to track time and update their timesheets daily, weekly, or monthly. It claims to give your team an extra day a week and is ideal for freelancers, contractors, and in-house teams.
Apploye’s key features
Apploye’s prices are
Apploye offers a 10-day free trial period.
Mastering client communication, workflow management, and consistent client deliverables are pointless if you’re working like a horse and charging like a rabbit.
Billing adequately is how your firm profits from the time and resources it spends doing client work.
Financial Cents helps you get paid what you’re worth by tracking and time accurately with robust reporting with our time and billing tracking software for accounting firms feature.
Here are some ways Financial Cents empowers you to account for every second your employees spend working.
Knowing your effective hourly rate is crucial to boosting your profitability. Financial Cents will help you divide the amount you charge a client by the number of hours your firm spends on the client’s work. That’s how you see if they’re profitable.
Learn more about effective hourly rates:
Setting time budgets for client work will help you measure the actual-versus-budgeted time for client work. It will also help you manage the number of hours your team members are working, so you prevent employee burnout.
You can set budgets in your work templates to standardize your work hours for a specific work type.
Learn more about time budget:
It allows you to flow your time entries in Financial Cents into QBO. Once you connect your Financial Cents account (and link your employees) to your QBO account, any time your employee tracks will automatically reflect in QBO.
And when you’re creating invoices inside QBO, all the time your team tracked will appear. Then you can add them to the invoice to pay your employees and get paid by your clients.
Learn more about invoicing with QBO:
Start your 14-Day Free Trial with Financial Cents today to enjoy all these benefits and more.