Everhour supports project budgets and billing workflows, but a clear report structure still starts with accurate billable-hours math.
Track billable vs. non-billable time and see your real utilization rate and revenue potential in seconds.
Working hours in the period
Admin, meetings, internal work
Industry average is 75–80%
The calculator gives you the number — Everhour takes it from there.
One click and you're timing. Start a timer, add an entry, edit the details. This is exactly how it feels in Everhour.
Set a budget, assign rates, and get alerted before you're over.
Measurement
Track your budget through time or costs
Every report you need — configured your way, always up to date.
Tracked hours flow straight into a polished invoice — no copy-paste, no manual math.
A billable-hours report template answers a practical billing question: how much client-chargeable work was approved, at which rates, and what amount should move toward invoicing. The core output is a pre-tax billable total in USD, usually supported by columns for client, project, person, task, date, approved hours, billing rate, billable amount, write-downs, and invoice status.
The report also separates time accounting from tax and payment terms. The United States has no federal VAT/GST or national sales-tax rate for billed professional time, so any tax column needs a state or local jurisdiction-specific input when the service is taxable. Payment due dates belong in a separate invoice-tracking field, not in the billable-hours formula.
The safest template keeps worked hours, approved billable hours, non-billable hours, and invoiced hours in separate columns. Worked hours show effort. Approved billable hours show what the client can be charged. Non-billable hours explain internal time. Invoiced hours show what has already been billed, which prevents double counting when a later report covers the same project.
Add rate source and adjustment columns when the same project uses multiple rates. For example, a partner rate, associate rate, or specialist rate should not be averaged before calculation. Calculate each role or task line first, then sum the amounts. Put write-downs in their own column so the report preserves the difference between captured time and billed time.
The basic line formula is approved billable hours multiplied by the applicable billing rate. If a report covers more than one role, task type, or rate period, calculate each line separately before adding the totals. That prevents a blended-rate mistake, especially when a senior role has fewer hours but a much higher rate.
For example, a client report has 32 approved consulting hours at $145 per hour and 13 approved QA review hours at $110 per hour. The consulting line is $4,640, the QA line is $1,430, and the pre-tax billable total is $6,070. If the service is taxable, apply the relevant state or local tax rule after the billable subtotal is calculated.
A spreadsheet-style report is enough for a one-off invoice check, a small solo project, or a quick reconciliation before sending a bill. It works when there are few entries, one reviewer, and no recurring budget limit. The moment the report needs approvals, lock dates, recurring caps, or invoice reuse prevention, the template becomes a control document rather than just a calculator.
A managed workflow is better when billable time must connect to budgets, approval, and invoicing. Everhour Project Budgeting supports hour-based and money-based budgets, recurring budget periods, budget alerts, budget protection, and multiple billing methods, so teams can compare approved time against limits before billing work to the client.
This content is for general information only, may not be fully up to date, and is provided without any warranty or liability.
High Performer
G2
Summer 2026
Best Ease Of Use
Capterra
Summer 2026
Rated in the top time trackers across G2, Capterra, and TrustRadius — with consistent praise for ease of use, integrations, and support.
Use columns for date, client, project, task, person, worked hours, approved billable hours, non-billable hours, billing rate, billable amount, write-down, tax input, invoice status, and payment status. Keep each calculation input in its own field so reviewers can trace the final invoice amount back to approved time and rates.
Yes. Worked hours measure effort, while approved billable hours measure what the client can be charged. A report that merges them hides write-downs, internal work, training time, and scope decisions. Separating the columns also makes utilization, realization, and effective billing rate easier to calculate later.
Put write-downs after the raw billable amount and before the invoice subtotal. That placement shows the original value of approved time, the amount removed, and the adjusted amount billed to the client. Do not delete the original hours, because the report still needs to explain staff effort and realization.
Use a jurisdiction-specific tax input instead of a national U.S. tax rate. The United States has no federal VAT/GST, and sales tax treatment for services is state and local. Some services are not taxed, while examples such as Hawaii general excise tax, New Mexico gross receipts tax, and taxable Texas services have different rules and rates.
Include payment timing when the report feeds invoice follow-up, aging, or collections. For federal-agency vendor invoices, Prompt Payment rules generally use the contract date, accepted discount terms, an accelerated-payment rule, or 30 calendar days after receipt of a proper invoice. For private clients, use the contract or invoice payment terms.
Everhour Project Budgeting tracks hour-based and money-based budgets as time is logged, with recurring budget periods and alerts at defined thresholds. That gives managers a budget view before approved billable hours become invoice amounts.
Everhour supports non-billable, fixed-fee, and time-and-materials projects with project rates, member rates, or custom task rates. That lets billing reports reflect the client's pricing structure instead of forcing every project into one hourly-rate column.
Track approved hours against project limits before billing. Everhour connects budgets, alerts, and billing methods so client work stays visible before the invoice is created.
14-day free trial · No credit card · Cancel anytime