{"id":103197,"date":"2021-02-02T07:12:18","date_gmt":"2021-02-02T07:12:18","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2823296"},"modified":"2021-02-02T07:12:18","modified_gmt":"2021-02-02T07:12:18","slug":"what-are-billable-hours-and-how-to-track-them-to-get-paid","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/02\/02\/what-are-billable-hours-and-how-to-track-them-to-get-paid\/","title":{"rendered":"What are Billable Hours and How to Track them to get paid?"},"content":{"rendered":"

iCrowdNewswire <\/strong>  Feb 2, 2021  2:12 AM ET<\/span><\/p>\n

When you\u2019re working on an hourly basis with clients, you need to define a system. It must monitor your time spent on the project, track billable hours, and issue invoices to clients.<\/p>\n

Additionally, you need to keep an account of non-billable tasks like answering calls and emails.<\/p>\n

If you don\u2019t know how to frame this system, this article elaborates on the step-by-step process to track and get paid.<\/p>\n

What are Billable hours?<\/strong><\/p>\n

The time spent working on the tasks for the client\u2019s projects is considered a billable hour.<\/p>\n

What are the tasks involving client projects?<\/p>\n

    \n
  1. Researching<\/li>\n
  2. Planning the project<\/li>\n
  3. Framing the project timelines<\/li>\n
  4. Performing the planned work to complete the project<\/li>\n
  5. Editing and revising the work<\/li>\n
  6. Attending meetings<\/li>\n
  7. Reading and replying to client emails.<\/li>\n<\/ol>\n

    These are some main areas every freelancer or small business bill for.<\/p>\n

    What are non-billable tasks?<\/p>\n

      \n
    1. Proposal development for new projects<\/li>\n
    2. Consultations and meetings before signing the contract<\/li>\n
    3. Administrative tasks like invoicing and payment processing<\/li>\n
    4. Work beyond the scope of the project as mentioned in the contract<\/li>\n<\/ol>\n

      This may also vary depending on the work and industry. For example, if you\u2019re a marketing consultant, then you should charge for consultation calls. However, ensure that you inform the client about it.<\/p>\n

      Ways for tracking billable hours<\/strong><\/p>\n

      Here is a step-by-step quick guide for tracking billable hours.<\/p>\n