Excel can price approved time rows in USD; Everhour adds project budgeting for longer-running client work.
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 client billing sheet in Excel answers a practical invoice question: how much approved client work should be billed from the time rows you have. The usual columns are date, person, task, start time, end time, billable status, billing rate, rounded billable hours, and line amount. Excel handles this well when the source export is consistent and each row maps to one client, project, or invoice period.
Excel imports .csv and .txt time exports as worksheet data, but date and time parsing follows the current default format settings unless you use the import controls. That matters because Excel stores times as decimal fractions of a day. A start value and end value can be subtracted, but the result must be multiplied by 24 to become billable hours.
The basic billing calculation is approved billable hours multiplied by the hourly rate, then summed by client, project, or invoice. In Excel, elapsed hours follow the shape `(end_time - start_time) * 24`. If a row is non-billable, an `IF` formula can return zero for the billable amount, or `SUMIFS` can total only rows where the billable flag matches the invoice criteria.
For example, a client reporting project includes 17 approved analysis hours at $185 per hour and 29 approved production hours at $120 per hour. The analysis line is $3,145, the production line is $3,480, and the pre-tax billable amount is $6,625. If a U.S. state or locality taxes that service, add the jurisdiction-specific tax input separately; the United States has no federal VAT/GST or national sales-tax rate.
Excel billing sheets fail when hidden assumptions sit inside copied formulas. If your policy rounds every entry upward, use a rule shaped like `CEILING.MATH(hours, increment)`, such as 0.25 hours for 15-minute billing. If your policy rounds to the nearest increment, use `MROUND(hours, increment)`. Do not mix both methods in the same invoice period unless the client contract says so.
The sheet also needs a boundary for long exports. A single Excel worksheet is limited to 1,048,576 rows and 16,384 columns, so very large time-entry files need splitting, filtering, or a different reporting process. For elapsed time across full dates and times, use an accumulated-hour display such as `[h]:mm` so totals above 24 hours do not wrap into clock time.
A one-off Excel sheet is enough when the source rows are clean, the rate table is short, the client accepts the rounding policy, and one person reviews the invoice. Save the import file, keep the workbook used for the calculation, and document the rate and billing increment. That gives you a practical audit trail for a simple billing cycle.
A managed workflow is better when budgets, approvals, recurring periods, or client-level limits drive the invoice. Everhour Project Budgeting tracks time and money budgets as work is logged, supports recurring budget periods, and can send threshold alerts before a project reaches its cap. That reduces the need to rebuild budget checks from separate Excel files after the work is already done.
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 one row per time entry or billing line, with columns for date, client, project, task, person, start time, end time, billable status, billing rate, rounded billable hours, and line amount. Add tax only when the service is taxable in the specific state or locality. Keep rate notes and rounding policy visible in the workbook.
Excel stores times as decimal fractions of a day, so the duration formula follows `(end_time - start_time) * 24`. For full date-and-time values, subtract the start from the end and display elapsed totals with `[h]:mm`. That prevents multi-day or high-hour totals from appearing as ordinary clock time.
Keep non-billable rows when you need utilization, write-down, or project profitability visibility. Mark them with a billable flag and return zero in the invoice amount, or exclude them from invoice totals with `SUMIFS`. Deleting them makes the invoice cleaner but removes context for internal review.
The biggest rounding decision is upward rounding versus nearest-increment rounding. `CEILING.MATH(hours, 0.25)` always rounds a time entry up to the next 15-minute unit, while `MROUND(hours, 0.25)` rounds to the nearest 15-minute unit. The correct choice is the one stated in the client agreement or billing policy.
No. The United States has no federal VAT/GST or national sales-tax rate for billed professional time. Sales tax treatment is state and local, and services are taxed differently by jurisdiction. Use a specific tax input only when the service is taxable for that client location and billing scenario.
Everhour Project Budgeting tracks hour-based and money-based budgets while people log time, with recurring budget periods and threshold email alerts. Teams can monitor client-level or project-level budget usage before invoice preparation instead of discovering overages after exporting time rows to Excel.
Use Excel for one-time invoice math, then track ongoing client limits where work happens. Everhour Project Budgeting keeps budget progress visible as time is logged.
14-day free trial · No credit card · Cancel anytime