Harvest
Time Tracking
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Time Tracking Report

Harvest helps teams and freelancers overcome productivity loss by providing comprehensive time tracking reports that transform raw data into actionable insights.

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How much revenue is your team leaving on the table?

Most agencies run at 55-60% utilization. Even a small improvement means significant revenue. See what closing the gap looks like for your team.

Number of people who track billable time
$
Blended rate across roles (junior, senior, lead)
55%
Percentage of total hours that are billable. Industry average is 55-60%.
75%
A realistic target for service businesses is 70-80%.
Monthly revenue gap $0
Revenue at current utilization $0/mo
Revenue at target utilization $0/mo
Extra billable hours needed per person/day 0h
Annual revenue opportunity $0

Start tracking team utilization

How this utilization rate calculator works

Utilization is the share of paid working hours that are actually billable, and small gaps add up fast.

  • Utilization rate = billable hours ÷ available hours.
  • Revenue = team size × hours per week × utilization × billing rate.
  • Revenue gap = revenue at your target utilization − revenue at your current rate.

The annual opportunity is that monthly gap carried across the year.

Time Tracking Report with Harvest

See how Harvest's detailed time tracking reports enhance project management and billing processes. Track billable and non-billable hours seamlessly.

Detailed time tracking report in Harvest for project management and billing.

Time Tracking Report FAQs

  • A time tracking report is a detailed account of how work hours are spent within an organization. It documents time entries, project details, and compares estimated versus actual time spent, aiding in project management and billing.

  • A comprehensive time tracking report should include time entries, project and task details, billable versus non-billable hours, overtime, and comparisons of estimated and actual times. This ensures accuracy and efficiency in operations.

  • Time tracking reports help generate precise invoices by providing detailed breakdowns of billable hours. Harvest facilitates this by differentiating between billable and non-billable work, ensuring accurate client billing.

  • Time tracking reports enhance project management by improving resource allocation, workload balancing, and future project estimations. Harvest's reports link time data to project outcomes, boosting productivity and accountability.

  • Harvest supports compliance by offering customizable reports that align with regional labor laws. It provides detailed documentation of work hours and breaks, helping businesses meet legal obligations and mitigate risks.

  • Yes, Harvest integrates with various project management tools such as Asana, Trello, and Jira, allowing seamless data transfer and enhancing project oversight.

  • With Harvest, you can easily create time tracking reports by using one-click timers and manual entries. Harvest's customizable features allow you to organize data and generate comprehensive reports tailored to client needs.