Harvest
Time Tracking
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Billable Time Tracker

Professionals can lose 10-50% of billable hours due to delayed time entry. Harvest solves this with one-click timers and detailed tracking features.

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What should you charge per hour?

Most freelancers and consultants dramatically undercharge. This calculator accounts for what most people miss: non-billable time, taxes, and overhead.

$
Accounting for vacation, holidays, sick days
60%
Most freelancers can bill 50-70% of their time. The rest goes to admin, marketing, proposals, and learning.
$
Software, insurance, equipment, accounting, taxes beyond income tax, etc.
Your break-even rate $0
Recommended rate (+20% buffer) $0
Billable hours per week 0h
Equivalent daily rate $0

Start tracking your billable hours

How this hourly rate calculator works

It works back from the income you need to the rate you must bill, accounting for the hours you can't bill.

  • Billable hours/year = working weeks × hours per week × billable %.
  • Break-even rate = (target income + business expenses) ÷ billable hours.
  • Recommended rate = break-even plus a 20% buffer for taxes, slow periods, and profit.

Raising your billable percentage or trimming expenses lowers the rate you need.

Track Billable Time with Harvest

Explore Harvest's intuitive dashboard for tracking billable hours and generating invoices. Experience seamless time management and reporting.

Screenshot of Harvest's billable time tracking dashboard

Billable Time Tracker FAQs

  • Freelancers can track billable hours using tools like Harvest, which offers one-click timers and manual entries to log time accurately. This ensures all billable work is captured, reducing potential revenue loss from incomplete time records.

  • Essential features include automated timers, customizable billing rates, detailed reporting, and integrations with project management tools. Harvest offers these, along with invoice generation and compliance features, making it a robust choice for time tracking.

  • Yes, Harvest integrates seamlessly with popular project management tools like Asana, Trello, and Jira. This allows for streamlined workflows and ensures that time tracking aligns with project management activities.

  • Tracking billable hours accurately allows for better revenue forecasting, client transparency, and project budgeting. It helps businesses identify inefficiencies, allocate resources smartly, and understand true project profitability.

  • Harvest provides flexible billing settings, allowing users to create invoices based on tracked time, expenses, or fixed fees. This flexibility caters to diverse client needs and supports various billing structures.

  • Businesses can boost productivity by up to 35% with accurate time tracking tools like Harvest. By reducing time theft and improving data accuracy, companies can focus on maximizing billable work and profitability.

  • Automated time tracking reduces the risk of human error and ensures accurate billing. Tools like Harvest provide real-time tracking and integrations with billing software, streamlining the invoicing process and enhancing efficiency.