Time tracking for accounting firms

Everhour connects tracked client work to budgets and billing, while firms keep engagement records clean and usable.

Calculate your hours

Enter your time in and out for each day. Overtime and gross pay are calculated automatically.

Employee Time Card
DayTime InBreak Start
Break End
Break
Time OutTotal
Total hours0:00
Regular0:00
Overtime0:00
Double OT0:00
Total hours0:00
Regular0:00
Overtime0:00
Double OT0:00
Total gross pay
Regular pay
Overtime pay
Double OT pay
Calculator options
Document infofor PDF / print
Employee Signature
Date
Supervisor Signature
Date

Everhour does it all — track, budget, report & invoice

The calculator gives you the number — Everhour takes it from there.

Go ahead — start tracking!

One click and you're timing. Start a timer, add an entry, edit the details. This is exactly how it feels in Everhour.

  • One-click timer — browser, desktop & mobile
  • Works inside Asana, ClickUp, Linear, GitHub & more
  • Simple setup, no learning curve
Works with your favorite tool:
Everhour — Time Tracking
Time Entries
01:24:00
00:31:00
01:07:00

No more budget surprises

Set a budget, assign rates, and get alerted before you're over.

  • Real-time cost tracking
  • Set different rates per person or project
  • Alerts before you hit the budget limit
Everhour — Budgeting
Acme Web Project
1
50% of budget used
$2,500.00of $5,000.00
$2,500.00 remaining
75%
Actual costRemaining cost

Measurement

Track your budget through time or costs

Simple, customizable reports

Every report you need — configured your way, always up to date.

  • See who does what in real time
  • Configure any report
  • Scheduled email reports
Everhour — Reports

Your invoice is ready!

Tracked hours flow straight into a polished invoice — no copy-paste, no manual math.

  • Billable hours straight into the invoice
  • Configure invoice templates
  • Copy invoices to QuickBooks or Xero
  • Invoicing dashboard with status
Everhour — Invoices
Your Company LLChello@yourcompany.com
INVOICE
Invoice #1042
Group by:
DescriptionHoursRateAmount
Website Redesign14h$150/h$2,100.00
Brand Guidelines7h$150/h$1,050.00
Marketing Strategy3.5h$150/h$525.00
Total Due$3,675.00
Try Everhour for real yourself

Engagement time records that support billing

Build clean engagement records

Accounting firms need time records that show who worked, which client received the work, which engagement it belonged to, and which task or service line consumed the hours. A useful entry separates billable from non-billable work and applies the right staff role or billing rate before it reaches billing review.

A tax example should name the client, the return or review engagement, and the task, such as preparation, review, or corrections. A CAS entry should identify recurring bookkeeping, advisory, or close work. That structure lets managers compare tax, bookkeeping, CAS, advisory, and engagement work without rebuilding the record later.

Structure time for billing decisions

Approved hours become more useful when they move from timesheets into invoices without manual re-entry. For time-and-billing work, the approved entry is the source record for the invoice line, the WIP review, and the payment conversation. Missing client, engagement, task, or billable-status data slows every step after approval.

Utilization and realization give firms a way to interpret those records. Utilization is billed hours divided by total hours worked. The 2023 AICPA PCPS/CPA.com National MAP Survey reported 59.6% firmwide utilization and 99% realization across 1,117 participating public accounting firms. Very high realization can also signal rates that are too low or time that staff under-record.

Track budgets beyond hourly billing

Fixed-fee CAS work still needs time tracking because time data shows whether the fee matches the effort. CPA.com and AICPA PCPS report that CAS practices are moving away from pure time-and-materials billing toward fixed-fee strategies. The tracked hours still guide pricing, staffing, resource allocation, and profitability management.

A good budget view compares estimated hours with actual hours while the engagement is still active. For recurring CAS work, the firm can see whether monthly close, reporting, advisory, and cleanup tasks stay inside the expected effort. Remote work, outsourcing, offshoring, and non-traditional staffing make that shared record more important because the work often happens across locations.

Choose one-off or managed tracking

A simple weekly total can answer a narrow question, such as how much time a staff member spent on one client this week. It is enough for a quick internal check when the firm does not need approval, billing, budget comparison, or a retained record by engagement and task.

A managed workflow fits when tracked time feeds invoices, payroll review, utilization, realization, WIP, and client profitability. Everhour Project Budgeting supports hour-based and money-based budgets, recurring budget periods, budget alerts, and client-level budgets, so accounting firms can connect ongoing engagement work to budget control instead of treating time as a one-off total.

This content is for general information only, may not be fully up to date, and is provided without any warranty or liability.

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G2

Summer 2026

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Summer 2026

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Frequently Asked Questions

How should accounting firms categorize time entries?

Each entry should identify the client, engagement, task, service line, billable status, person, date, and hours worked. That structure supports billing, WIP review, utilization, realization, and profitability analysis. Staff role or billing rate also matters when the firm bills time-and-materials work or compares effort across levels.

Which accounting tasks belong in billable time?

Billable time usually belongs to client-facing tax, bookkeeping, CAS, advisory, engagement, review, correction, and deliverable work. Internal admin, training, business development, and firm management usually sit outside client billable time unless a client agreement says otherwise. The billing policy should define edge cases before staff submit time.

Why track time on fixed-fee CAS work?

Fixed-fee CAS work still consumes staff capacity, so time records show whether the fixed price covers the actual effort. Firms use those records to adjust future pricing, assign staff, standardize recurring work, and spot clients whose monthly work expands beyond the agreed scope.

Does high realization prove the billing rate is right?

High realization does not prove the rate is right by itself. The 2023 AICPA PCPS/CPA.com National MAP Survey reported 99% realization for participating firms, and the same reporting cautioned that very high realization can indicate rates are too low or time is being under-recorded.

Which FLSA time details matter for accounting firm payroll?

Accounting firms with employees covered by the FLSA minimum wage or overtime provisions need records that show daily hours worked and total hours worked for each workweek. For covered nonexempt employees, federal overtime applies after 40 hours in a fixed 168-hour workweek and must be paid at not less than 1.5 times the regular rate.

How does Everhour Project Budgeting support accounting firm engagements?

Everhour Project Budgeting lets firms set hour-based or money-based budgets for client work, including recurring budget periods and client-level budgets across multiple projects. Budget alerts at defined thresholds help managers act before a tax, CAS, or advisory engagement overruns its planned effort.

How can Everhour reporting help with firm profitability review?

Everhour Reporting turns logged time, budgets, costs, and project data into configurable reports with columns for client, project, member, billable time, labor costs, profit, invoice status, and budget metrics. Firms can export reports to CSV, Excel/XLSX, or PDF for partner review or client files.

Control client work before billing

Track engagement hours against budgets, review overruns early, and keep recurring client work visible. Everhour Project Budgeting gives accounting firms budget control tied to real tracked time.

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