30 Best Time and Billing Software Solutions for Accounting Firms in 2023

30 Best Time And Billing Software Solutions For Accounting Firms In 2023 1

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:

  • Manual timesheets are prone to errors and could make you record fewer hours than you worked, resulting in revenue losses.
  • Not tracking time on client work makes it difficult to keep work on budget, which causes under-billing.
  • A lack of real-time data means a lack of visibility over your firm’s time usage, denying you the chance to know where your firm is wasting productive hours. And what you can change to achieve peak performance. 

A time and billing software solution will help you to:

  • Automate timesheets to record your employee’s work hours accurately and bill your clients fairly.
  • Monitor actual/budgeted hours to know when you’re over-budgeting time, and increase your rates where necessary.
  • Increase efficiency and firm profitability.
  • Analyze time and billing reports to understand your firm’s bottlenecks and process improvement opportunities.

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?

What to Look for in a Time and Billing Software Solution 

Any time tracking and billing software solution you choose should have most, if not all of these features.

  • Time Tracking

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.

  • Billing and Payroll Management

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.

  • Reports

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.

1.  Financial Cents

Time And Billing Software Solutions For Accounting Firms

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’ key features include

  • Manual entries to log time entries for offline activities that the software can’t track. These include meetings, impromptu phone calls, and other related tasks.
  • Start/Stop Timer to pause and resume time without losing track of time spent when you need to step away for a bit..
  • Time Budgets to help you plan how long tasks will take so you can allocate enough time for client work without losing your profitability.
  • Effective Hourly Rate to know your true hourly rate (even if you charge flat monthly fees or do value pricing). It also helps you identify your least and most profitable clients and gives you the data to renegotiate your rates with unprofitable clients.
  • Detailed Time Tracking Reports, which help you find over-budget work, and sources of delay in your processes, and know where your firm is spending its time.

Pricing

Financial Cents is one of the most robust and affordable practice management solutions 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:

  • Annual Plan at $39/month per team member.
  • Monthly Plan at $49/month per team member.

Free Trial

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.

2.   FreshBooks

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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

  • Automatic Invoicing to help teams focus on doing client work.
  • Accepts Credit Card and ACH Payment that lets you get paid up to eleven days faster.
  • Track Time Against Client and Project to address time waste and measure client profitability.
  • Payment Reminders to alert your clients to due invoices and prevent late payments.

Pricing

FreshBooks offers four pricing plans:

  • Lite at $ 6/month for five billable clients.
  • Plus at $12/month for 50 billable clients
  • Premium for $22/month for unlimited billable clients.
  • Select at a custom price.

Free Trial

FreshBooks offers a 30-day free trial period.

3.   Toggl Track

Time And Billing Software Solutions For Accounting Firms

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:

  • Offline tracking to track time offline. You can sync the time you tracked offline with the rest of your data later.
  • Favorites to pin the time entries you frequently use to the Timer page for easy access. This is only available in the web app.
  • One-click Timer saves you the mistake of tracking time for the wrong work or client by allowing you to start the timer while on the work. You can add more details to the time tracked later on.
  • Timeline View to track time on all your apps automatically. It makes for more accurate time tracking. This feature is private to you, so you can choose what to share.

Pricing

Toggle Track has a free plan. But its plans are

  • Starter at $9/month per user.
  • Premium at $18/month per user.
  • Enterprise which depends on your firm’s size and needs.

Free Trial

Toggl Track offers a 30-day free trial.

4.   Harvest

Time And Billing Software Solutions For Accounting Firms

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

  • Workflow Integration to enable teams to record time as they complete the steps in client work.
  • Generate Invoices from tracked hours to quicken payments.
  • Integration with QBO for accurate invoicing.
  • Reports and Analysis to see which project and client are driving your firm’s profits.

Pricing

Harvest costs $12/month per seat. 

Free Trial

Harvest offers a 30-day free trial.

5.   Time Analytics

Time And Billing Software Solutions For Accounting Firms

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

  • Invoicing Assistant to help you prepare invoices based on time use.
  • Productivity Manager to discover unproductive employees and behavior and take steps to address it to keep their firm profitable.
  • A Report Dashboard to evaluate the time your employees spend on client work versus the revenue you generate from them.
  • Integration with Excel to aid preparation and presentation of invoices.

Pricing

The free version is available for up to 5 users.

  • Starter plan at $4.99/month per user.
  • Optimum at $6.99/month per user.
  • Premium at 12.99/month per user.

Trial Period

Time Analytics offers a 14-day free trial.

6. My Hours

Time And Billing Software Solutions For Accounting Firms

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

  • Create Invoices from Tracked Time: you can generate invoices for your time logged right inside Myhours.

  • Start/Stop Timer to track time on client work while you’re working.

  • Schedule Time Reports are automatically sent to your client’s email so you don’t have to send them manually every month.

  • Billable Rates: you can track billable rates for projects by the hour or a flat engagement fee.

  • Add Notes to Logged Time to pass relevant information across to your clients or team members.

Pricing

My Hours offers two plans:

  • There’s the Free Plan.

  • The Pro Plan at  $6/month.

Free Trial Period

My Hours Pro Plan offers a 14-day free trial. 

7.   QuickBooks Time

Time And Billing Software Solutions For Accounting Firms

QuickBooks Time (formerly TSheets) is a time and billing software for accountants 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

  • Project Tracking to help you compare your budgeted hours with the actual hours a project took so you can make data-driven time estimates.

  • Collaboration Tab to share notes with colleagues to keep projects aligned and on budget.

  • Real-time Reports to know where your employees are spending their time.

  • Overtime Tracking notifies you when an employee is working too many more hours.

Pricing

QuickBooks Time gives you four pricing options:

  • Simple Start at $15 per month.

  • Essentials at $27 per month.

  • Plus at $42 per month.

  • Advanced at $100 per month.

Free Trial Period

QuickBooks Time offers a 30-day free trial period.

8.ClickTime

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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

  •  Automated Timesheet Reminders to ensure your employees complete their timesheets.

  • Notes Tab for when you need to give context to tracked time.

  • Employee Time Off Tracker to see all upcoming Time Offs and plan your firm’s capacity.

Pricing

ClickTime has four plans:

  • Starter costs $10/month per user.

  • ⁠Team costs $13/ month per user.

  • ⁠Premier costs $24/month per user.

  • ⁠Enterprise for a custom rate.

Free Trial

ClickTime offers a 14-day free trial.

9.   Time Doctor

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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:

  • Verified Timesheets and Customizable Payroll to easily review timesheets, approve payroll and integrate Time Doctor with programs you use for payments.
  • Distraction Alerts notify your employees when they’re wasting work time.
  • Time Management Reports to give you insights into your team’s productive vs. unproductive activities.

Pricing

Time Doctor has three pricing tiers:

  • Basic for $70/year per user.

  • Standard for $100/year per user.

  • Premium for $200/year per user.

Free Trial

Time Doctor offers a 14-day free trial.

10.  TaxDome

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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:

  • Secure Payment Processing to accept Credit Cards & ACH payments in your TaxDome account on demand.

  • Lock Documents to Invoices to reduce accounts receivables with timely payments.

  • Push Notifications to remind your clients: of all due invoices.

Pricing

Taxdome offers two pricing:

  • TaxDome Lite at 25/month per user.
  • TaxDome Pro at $50/month per user. 

Free Trial 

TaxDome offers a 14-day free trial period.

11. Timeneye

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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

  • Daily Reminders to remind your employees to remember to log their timesheets.

  • Real-Time Project Tracking helps you see how many hours your team members are working on the go. This will allow you to complete work on time and within budget.

  • Reports that show you where your team is wasting work time and the opportunities for improvement.

  • A Simple Billing System that breaks down your billable time to avoid common timesheet errors and enhance accurate invoicing.

Pricing

Timeneye is available for a single price of $6/month per user (billed annually). 

Free Trial

Timeneye has a 30-day free trial period.

12.  Replicon

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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:

  • Configurable time tracking: since Replicon automatically tracks your time on all your work apps, you can select which information you want to capture and where, so you’re not overwhelmed by the system.

  • Time budget to know how much time your team used against the projected time.

  • GPS Monitoring to track where your remote employees are and what they are doing with their work time

  • Notes and Attachments to give context to the tracked hours.

Pricing

Replicon costs differently depending on what you need it for.

  • The Time Tracking feature starts at $12 per month.

  • The time & Attendance feature Starts at $6 per month.

Free Trial

Replicon offers a 14-day free trial.

13.  Clockify

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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:

  • Tags: you can add tags to your time entry to help you categorize them and enter client information into the time card.

  • Timesheet Templates you can save and reuse for speed.

  • Pomodoro Timer that allows teams to work at intervals (only available in the Windows and Mac app)

  • Invoicing Page to import billable time and expenses, edit them and see your past invoices and their status.

Pricing

Clockify has four pricing plans:

  • Basic at $ 3.99/month per user (or $4.99 if billed monthly).

  • Standard for $ 5.49/month per user.

  • Pro for $ 7.99/month per user.

  • Enterprise is for $ 11.99/month per user.

 Free Trial

Clockify offers a 7-day free trial.

14. Zoho Projects

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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:

  • Start/Stop timer to help you start, pause and resume projects for accurate time entry.

  • Integration with Zoho Books to turn timesheets into invoices for client billing and payroll.

  • Time Tracking Reports to measure the time spent and remove bottlenecks.

  • Planned Vs Actual Time Tracking to improve your team’s time budget and estimation.

Pricing

Zoho Projects offers the Free Plan and:

  • Premium for $5/month per user.

  • Enterprise for $10/month per user.

Free Trial

Zoho Projects offers a 10-day free trial period.

15. Journyx

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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:

  • ID Badges and Facial Recognition to ensure time is accurately tracked for the right employee.

  • PTO Tracking to automatically manage employee time off and benefit accruals.

  • 60+ Standard Reports to give you visibility over how your employees are spending their time.

Pricing

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.

Free Trial

Journeyx offers a 30-day free trial.

16. Tick

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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:

  • Time Budget Feedback to immediately let employees know how much time they have left to complete a task.

  • Multiple In-App Timers to enable users to track time for multiple projects by toggling between the timers.

  • Time reporting to aid your planning and billing processes.

Pricing

One project for free. Then

  • 10 projects at $10 a month.

  • 30 projects at $49 a month.

  • 60 projects at $79 a month.

  • Unlimited projects at $149 a month.

Free Trial

Tick offers a 30-day free trial.

17. Xero Projects

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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:

  • Job Costing Software that helps to break down time expenses during or immediately after the job is done.
  • Start/Stop timer to record time on projects on the go/demand.
  • Location-Based Tracker to enable Xero to record time (for you or your employees) when you are present in a location.

Price

Xero offers three pricing plans:

  • Start at $25 per month.
  • Standard at $40 per month.
  • Premium at $54 per month.

Free Trial

Xero Projects offers a 30-day free trial.

18. Everhour

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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.

  • Time Estimates to see the time your team spends on projects and get data to inform future quotes.

  • Reminders to help your team remember to log their work hours.

Price

Aside from its free plan, Everhourn has

  • Lite for $5/month per user.

  • Team for $8.50/month per user.

Free Trial

Everhour offers a 14-day free trial.

19. Jetpack Workflow

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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

  • Start/Stop Timer to stop and resume time tracking for as many tasks as you need, giving your more control over the time you record.

  • Notes to describe the work you’re tracking time for, which enhances collaboration and improves the chance of completing a project on time.

  • Timesheet Reports to analyze your tracked hours and make informed decisions.

Pricing

  • Organize at $36/month per user.

  • Scale at $39/month per user.

Free Trial

Jetpack Workflow offers a 14-day free trial.

20. BigTime

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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

  • Resources management enables you to allocate the right persons to the right project and manage your time to complete projects within schedule.

  • BigTime Wallet enables your clients to pay you in one click anytime, from anywhere.

  • Reports and Analytics to give you visibility over your firm for timely decision-making.

Pricing

  • Express at $10/month per user.

  • Pro at $30/month per user.

  • Premier at 40/month per user.

Free Trial

BigTime offers a 14-day free trial period. 

21. Workstatus

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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

  • Productivity Measurement to monitor where your team spends time, reduce distractions, and improve your output.

  • Automatic Timesheet to help your employees record their work time automatically. It removes the guesswork and improves the accuracy of your time entry.

  • Geo-fencing automatically tracks the work hours of your remote employees.

Pricing

Workstatus offers three price packages. The Free Forever Plan and::

  • Premium is available for $4.99/month per user.

  • Enterprise at a custom price, depending on your needs and team size.

Free Trial Period

Workstatus offers a 14-day free trial period.

22. Clientary

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Clientary helps to set time budgets, track the time a task takes and generate invoices. This prevents you from losing “another minute” or getting paid for fewer hours than you’ve worked.

Clientary’s key features

  • Recurring Invoices to turn any invoice into a recurring invoice automatically. The system will notify you before sending them.
  • Integration with Stripe to receive payments from your clients online easily.
  • Multi-currency support to receive payment in any currency of your choice.

Pricing

Clientary offers four pricing packages. There’s the Free Plan and:

  • Solo at $19/month.
  • Team at $39/month.
  • Agency at $59/month.

Free Trial

Clientary offers a 14-day free trial. 

23.  Paymo

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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:

  • Automatic Time Tracker that records time for all your activities to reduce employee workload and errors.
  • Client and Team Collaboration to prevent needless back-and-forth during projects.
  • Time Reports seeing the number of hours your team spends wastes to fix it and increase performance. 

Pricing

Paymo has three prices. The Free Plan for personal use with basic tools.

  • Starter at $4.95/month per user.
  • Small Office at $9.95/month per user.
  • Business at $20.79/month per user.

Free Trial

Paymo offers a 15-day free trial.

24. Noko

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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:

  • Fast & Flexible Reporting helps you understand your team’s time and expenses in several ways. 
  • Timesheets that are fun and easy to use to make accounting for your team’s hours more accurate.
  • Unbillable Time features to help you analyze client overhead to maintain profits.

Pricing

  • Team Plan starts at $49/month for 5 users.
  • Organization starts at $199/month for 25 users.
  • Enterprise starts at $499/month for unlimited users 

Free Trial

Noko offers a 30-day free trial.

25. Avaza

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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:

  • Recurring Invoices to save you the time of recreating the same invoice from scratch.

  • Integration with Stripe, Visa, and MasterCard to receive payments more conveniently.

  • 50+ Real-Time Reports to give you robust insights into your team’s time, expenses, and invoices for informed decision-making.

Pricing

Avaza has a Free plan for one user at 0$ per month. The paid plans are

  • Startup at $11.95/month per user.

  • Basic at $23.95/month per user.

  • Business at $47.95/month per user.

Free Trial

Avaza has a 14-day free trial period.

26.  Canopy

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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:

  • Automated invoice reminder to ensure your client doesn’t forget to pay you.

  • Time budget to plan your time for specific budgets and prevent time leakage.

  • Recurring invoices to save you time, reduce invoicing mistakes and receive payments faster.

  • Work in Progress to total employees and fixed clients for invoicing to prevent underbilling.

Pricing

Each Canopy feature has a different price. Its Time and Billing features cost $24/month per user.

Free Trial

Canopy offers a 15-day free trial period.

27. LiquidPlanner

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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:

  • Cost Codes to classify task progress and know how much time remains to complete it.
  • Predictive scheduling measures your chances of meeting deadlines so you can commit your resources accordingly.
  • Automatic resource leveling to distribute work according to team capacity to complete work on time.

Pricing

LiquidPlanner has three pricing options

  • Essential at $15/month per user.
  • Professional at $25/month per user.
  • Ultimate at $35/month per user.

Free Trial

LiquidPlanner has a 14-day free trial period.

28. AccountancyManager

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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:

  • Work in Progress to accurately estimate the value of un-invoiced hours in your firm to prevent underbilling.
  • Profitability Portal to see which clients and employees bring the most profit for their time.
  • Start/Stop Timer to track record time for client work on the go.

Pricing

AccountancyManager costs £31.20/month per user.

Free Trial

AccountancyManager offers a 30-day free trial period.

29. TimeCamp

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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

  • Automated Billing to automatically calculate how much you’re due to bill your client.
  • Overtime Tracking allows you to manage your team’s capacity and prevent burnout, which leads to wasted hours and errors.
  • Budget Notification to let you know when a project is going to take more hours than you planned.

Pricing

TimeCamp has a free plan. Its paid plans are

  • Basic at $ 6.3/month per user.
  • Pro at $9/month per user.
  • Enterprise which depends on your firm size and needs.

Free Trial

TimeCamp offers a 14-day free trial period.

30.  Apploye

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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

  • Weekly Time Limit to set a limit on employee workload and time budget.

  • Timesheet Linked with Payroll to easily make payments to employees whose timesheets you have approved.

  • Project Billing gives you options to bill your clients on an hourly rate or at a fixed rate basis. 

Pricing

Apploye’s prices are

  • Solo at $2/month per user.

  • Standard at $2.5/month per user.

  • Premium at $3/month per user.

  • Elite at $3.5/month per user.

Free Trial

Apploye offers a 10-day free trial period. 

Track Time, Bill Clients, and Increase Firm Profitable with Financial Cents

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.

Here are some ways Financial Cents empowers you to account for every second your employees spend working.

  • CALCULATING EFFECTIVE HOURLY RATE:

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 here:

 

  • BUDGETING TIME

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 here:

 


  • INVOICING CLIENTS WITH QBO

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 here:

Start your 14-Day Free Trial with Financial Cents today to enjoy all these benefits and more.

Hit Your Accounting Deadlines

  • Track the status of client work
  • Collaborate with your team
  • Organize all client info & notes
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