Time tracking software for accounting firms

Accounting firms need client-ready time records. Everhour connects tracked work to budgets, invoices, and reporting.

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

Time tracking for accounting work

Build client-ready time records

Accounting-firm time tracking starts with the work structure you already use: client, engagement, task, service line, billable status, and staff role. A tax return entry, for example, should identify the client, return year, preparation or review task, staff member, time spent, and whether the work is billable. That level of detail turns a timer entry into useful billing and management data.

The same structure also supports payroll and wage-and-hour records for employees. Under the FLSA federal baseline, covered employers must keep accurate records for nonexempt workers, including hours worked each workday and total hours worked each workweek. Covered nonexempt employees must receive overtime pay after 40 hours in a fixed 168-hour workweek at not less than 1.5 times the regular rate.

Match time to firm workflows

A useful accounting time system follows the path from work performed to review, billing, and analysis. Staff record time against the right client and engagement. Managers review and approve the entries. Approved hours then feed client invoices, WIP review, budget-to-actual reporting, and profitability analysis without re-keying the same information into separate spreadsheets.

Service-line context matters. Tax teams track returns, reviews, corrections, and extensions. Bookkeeping and CAS teams track recurring monthly close work, reconciliations, payroll support, and advisory deliverables. Audit and engagement teams track phase or service-type effort. Firms that keep this structure consistent can compare actual hours with estimates and see whether pricing, staffing, or scope needs adjustment.

Avoid misleading utilization signals

Utilization only helps when the time data behind it is complete. For accounting firms that manage by hours, utilization means billed hours divided by total hours worked. The 2023 AICPA PCPS/CPA.com National MAP Survey reported 59.6% firmwide utilization across 1,117 participating public accounting firms, down from 62.3% in the prior survey.

Realization needs the same care. The same survey reported 99% realization, up from 97%, and cautioned that very high realization can signal billing rates that are too low or time that is under-recorded. A firm that writes off little time because staff stop tracking nonbillable cleanup work gets a cleaner-looking report and a weaker pricing signal.

Choose one-off or managed tracking

A simple time tool is enough when you need a weekly total, a one-client invoice backup, or a quick review of billable hours before sending a small invoice. It works best when the work is narrow, the team is small, and no one needs approval history, budget alerts, or engagement-level reporting after the invoice goes out.

A managed workflow fits firms that run multiple clients, recurring CAS engagements, fixed-fee work, or staff budgets. Everhour Project Budgeting tracks time and money budgets as staff log work, supports recurring budget periods, and can send threshold alerts at 75%, 90%, 100%, or custom levels. That gives partners a live view of engagement progress before overages reach the client invoice.

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

Loved by teams. Proven everywhere.

Rated in the top time trackers across G2, Capterra, and TrustRadius — with consistent praise for ease of use, integrations, and support.

10K+Teams worldwide
90K+Installs Everhour extension
196M+Tasks completed
4M+Projects tracked

Frequently Asked Questions

What should accounting firms track on each time entry?

Each entry should identify the client, engagement, task, service line, billable status, staff member, date, and time spent. Role-based billing rates also matter when the firm bills by staff level. This structure supports invoices, WIP review, budget-to-actual tracking, utilization analysis, and profitability reporting by client or service line.

Is time tracking still useful for fixed-fee CAS work?

Yes. CPA.com and AICPA PCPS report that CAS practices are moving away from pure time-and-materials billing toward fixed-fee strategies, but time data still supports right pricing, staffing, resource allocation, and profitability management. Fixed fees remove the hourly invoice line; they do not remove the need to know effort by client and recurring task.

Which time tracking mistake hurts accounting-firm reporting most?

Under-recording nonbillable work creates misleading utilization, realization, and profitability reports. Cleanup, review, rework, client follow-up, and internal coordination still consume capacity. A firm that tracks only billable client-facing work loses the data needed to price engagements, rebalance staff workload, and explain why a fixed-fee client is less profitable than expected.

Do U.S. accounting firms need a specific timekeeping system?

No federal rule requires a specific timekeeping form or system. Under the FLSA federal baseline, covered employers must keep accurate records for nonexempt workers, including daily hours worked and total hours worked each workweek. The method can be digital, manual, or integrated, as long as the records are complete and accurate.

Should accounting firms track time by client or by engagement?

Firms should track both when they need useful billing and management reports. Client-level tracking shows total relationship effort, while engagement-level tracking separates tax, bookkeeping/CAS, advisory, audit, or other work. Task detail then explains where time went inside the engagement, such as preparation, review, corrections, reconciliation, or client communication.

How does Everhour support engagement budgets for accounting firms?

Everhour Project Budgeting lets firms set time or money budgets for client work, including one-time or recurring budget periods. Budget alerts can notify selected admins at 75%, 90%, 100%, or custom thresholds, helping partners spot overruns before a fixed-fee or time-and-materials engagement loses margin.

How does Everhour connect accounting time to client invoices?

Everhour can turn approved tracked hours into invoice generation, so reviewed time entries become the basis for client billing. Firms can keep staff tracking work by task and project, then use approved time for invoices without rebuilding the same client, engagement, and billing details by hand.

Control accounting-firm time

Track client, engagement, and task time continuously. Everhour connects logged work to budgets, alerts, approvals, and invoices so accounting firms protect margin before billing starts.

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