Everhour supports billable-hour tracking and timesheet approval, giving CFOs cleaner inputs for billing, payroll review, and profitability reporting.
Enter your time in and out for each day. Overtime and gross pay are calculated automatically.
| Day | Time In | Break Start | Break End | Break | Time Out | Total |
|---|
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 tracker for CFOs should show who worked, the date, the client or job, the hours, the hourly rate, and the resulting labor cost. Those fields match the job-order costing structure finance teams use to assign direct labor to specific jobs. For service firms with little direct material cost, labor and overhead often drive the project-cost picture.
The practical goal is a record that supports invoices, margin review, and management decisions without rebuilding the numbers from messages or spreadsheets. A CFO reviewing a consulting job, for example, needs to see 6.5 hours against client onboarding, the billable rate, the labor cost basis, and whether the entry belongs on the invoice or only in internal cost analysis.
Direct labor cost starts with hours worked multiplied by the hourly rate, including related labor costs where applicable. A useful tracker keeps billable and non-billable time separate, then ties both to the same client, project, or job number. That structure lets finance compare the hours sold, the hours spent, and the cost absorbed by the business.
Job-order costing also includes direct materials and overhead, but many finance-led service teams care most about labor utilization and project overhead. Time records show whether a fixed-fee engagement consumed more labor than priced, whether a time-and-materials contract has enough support for billing, and whether forecasts reflect the actual pace of work.
CFOs use billable-hour data for more than invoices. Financial managers prepare reports, forecasts, budgets, and cost-reduction analysis, and the time record feeds each one when labor is a major cost driver. A tracker should preserve the difference between client-billable delivery time, internal meetings, administration, rework, and sales support.
Remote and hybrid work raise the value of location-independent records. BLS reported that 33% of employed people spent some time working at home on worked days in 2024. For a CFO, the issue is control: every approved hour needs a client, project, or internal category so finance can review utilization without relying on office presence as a proxy for work.
A free tracker is enough when you need a one-off weekly total, a small client invoice, or a quick check on project hours before month-end. It works best when one person owns the data, the job list is short, and the record does not need a formal approval trail before billing or payroll review.
A managed workflow becomes necessary when tracked time feeds invoices, payroll review, budgets, and financial reporting. Everhour Timesheets collect weekly project hours and working hours by person, then let managers approve, reject, partially approve, and lock submitted time. That approval step gives CFOs a cleaner handoff from operations to finance.
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.
A CFO-grade billable-hour record should include the employee, date, client or job number, task category, hours, hourly rate, billable status, and total cost or amount. Notes should explain the work well enough for billing review without becoming a narrative report. The same structure supports job costing, client invoices, and margin analysis.
Billable-hour tracking assigns labor to a specific job, client, or project. Finance can calculate direct labor cost from hours worked and hourly rates, then compare that cost with revenue, overhead, and any direct materials. This shows whether the job price covers the work performed or whether the engagement is eroding margin.
Yes. Non-billable time shows the labor cost that does not reach the invoice, including administration, internal meetings, rework, and sales support. Separating it from billable time lets finance measure utilization and project profitability without hiding real labor demand. The mistake is excluding non-billable hours and then treating margin reports as complete.
No. The FLSA requires covered employers to keep accurate records for non-exempt workers, including hours worked each workday and total hours worked each workweek, but it does not require a specific timekeeping form or system. Employers must preserve payroll records for at least three years and wage-computation records such as time cards for two years.
A time-and-materials contract bills direct labor hours at specified fixed hourly rates plus actual material costs under FAR 16.601. The time record should identify the worker, job, labor category or rate basis, hours, and date. Finance should keep supporting detail aligned with the contract so the invoice matches the agreed billing method.
Everhour Timesheets collect weekly project hours and working hours by person so managers can review time before billing or payroll use. Submitted time can be approved, rejected, partially approved, or locked, giving finance a defined approval point before hours become part of invoices, reports, or payroll review.
Everhour Reporting turns logged time, budgets, costs, and project data into customizable reports. CFOs can use columns and filters for project, client, member, billable time, labor costs, profit, invoice status, and budget metrics, then export reports in CSV, Excel/XLSX, or PDF for finance review.
Move billable-hour records from weekly totals to approved timesheets. Everhour gives CFOs a reviewable workflow for project hours, working hours, approvals, locked time, and cleaner billing handoffs.
14-day free trial · No credit card · Cancel anytime
