Product Overview: FreshBooks Time Tracking
FreshBooks Time Tracking is a robust and user-friendly component of the FreshBooks cloud-based accounting software, designed to help small businesses and professionals efficiently manage and track time spent on various projects and clients.
What it Does
FreshBooks Time Tracking enables users to accurately log, organize, and manage the time spent on different tasks, projects, and clients. This tool is essential for ensuring precise billing, enhancing productivity, and streamlining the overall time management process.
Key Features and Functionality
Time Tracking Methods
- Users can track time using multiple methods, including a desktop app, mobile app, or the FreshBooks Google Chrome extension. This flexibility allows for time tracking from anywhere, at any time.
Timer and Manual Entry
- The software includes a built-in timer that users can start and stop as needed. Alternatively, users can manually log time entries by specifying the start and end times, and adding detailed notes about the work performed.
Daily, Weekly, and Monthly Views
- FreshBooks offers various time tracking views, including daily, weekly, and monthly breakdowns. This allows users to see their time logs in a format that best suits their needs. The Day sub-tab shows daily entries, the Week sub-tab displays entries from Sunday to Saturday, and the Month sub-tab provides a calendar view.
Client and Project Tracking
- Time can be tracked against specific clients and projects. Users can assign time entries to particular clients or projects, making it easy to generate accurate invoices and monitor project progress.
Team Time Tracking
- FreshBooks supports team time tracking, allowing managers to see how their entire team is spending their time. This feature helps in monitoring team productivity, identifying any issues, and ensuring that all team members are on track.
Billing and Invoicing
- One of the standout features is the ability to automatically bill clients for tracked hours. Users can easily add logged hours to invoices, ensuring accurate and detailed billing. The software also supports multiple currencies and languages, facilitating international client relationships.
Detailed Time Entry Notes
- Users can add detailed notes to each time entry, which can be useful for clarifying the work done and addressing any questions that may arise later.
Integration with Project Management Tools
- FreshBooks integrates seamlessly with popular project management tools such as Asana, Basecamp, Trello, and Teamwork. This integration allows users to log time directly from these platforms, ensuring accurate and efficient time tracking.
Reports and Analytics
- The software provides comprehensive reports, including Time Entry Details Reports and Project Profitability Reports. These reports help users view their team’s hours worked, total costs, and project profitability. Reports can be exported as PDFs or Excel files for easy sharing.
Benefits
- Improved Accuracy: FreshBooks Time Tracking ensures accurate billing and invoicing by logging every billable hour.
- Enhanced Productivity: The easy-to-use interface and automated timer help users focus on their work rather than on tracking time.
- Better Financial Control: Detailed reports and analytics provide insights into project profitability and team productivity.
- Streamlined Workflow: Integration with other tools and automatic billing features simplify the time management and invoicing process.
Overall, FreshBooks Time Tracking is a powerful tool that helps businesses optimize their time management, improve billing accuracy, and enhance overall productivity.