FreshBooks Time Tracking

Overview

FreshBooks is a comprehensive accounting platform for small businesses that includes time tracking as part of its broader suite of financial management tools. While primarily known for invoicing and accounting, FreshBooks offers robust time tracking features that integrate seamlessly with billing and client management.

Time Tracking Features

• Time Tracking: Track time with timers or manual entry
• Project Time Tracking: Log hours against specific projects and clients
• Team Time Tracking: Track time for employees and contractors
• Mobile Time Tracking: iOS and Android apps for tracking on the go
• Billable Hours: Mark time as billable or non-billable
• Automatic Invoicing: Convert tracked time directly into invoices
• Hourly Rates: Set different rates for different services or team members
• Time Entry Notes: Add descriptions and context to time entries
• Timesheets: View and manage team member timesheets
• Project Budgets: Set time budgets and track against actuals
• Time Reports: Reports on time spent by project, client, or team member

Additional FreshBooks Features

Invoicing:

• Professional invoice templates
• Recurring invoices for retainer clients
• Online payment acceptance (credit cards, ACH)
• Automated payment reminders

Expense Tracking:

• Receipt capture and categorization
• Mileage tracking
• Billable expenses added to invoices

Accounting:

• Chart of accounts
• Double-entry accounting
• Financial reports (P&L, balance sheet)
• Tax summaries

Client Management:

• Client portal for invoice viewing and payments
• Client database with contact information
• Project management and collaboration

Integrations:

• Connect with PayPal, Stripe, QuickBooks
• Integration with hundreds of apps via Zapier
• Import from other accounting software

Workflow

1. Create projects for clients
2. Track time spent on project work
3. Review and approve team member time entries
4. Generate invoices from tracked billable hours
5. Send invoices to clients with one click
6. Accept payments online
7. All financial data flows to accounting automatically

Ideal For

• Freelancers and consultants
• Creative agencies and design studios
• Law firms and professional services
• Marketing agencies
• IT services and consulting firms
• Any service business billing clients based on time

Pricing

FreshBooks offers 30-day free trial. Paid plans start at $19/month (Lite - up to 5 billable clients), $33/month (Plus - up to 50 clients), $60/month (Premium - unlimited clients), and custom Enterprise pricing. All plans include time tracking, invoicing, and accounting features.