Billable vs. Non-Billable Hours
For freelancers, time is literally money. However, not all work is "billable." Use this template to track:
- Billable Hours: Direct work on client projects, meetings, and deliverables.
- Non-Billable Hours: Admin tasks, invoicing, marketing, and skill development.
Tracking non-billable hours is crucial for calculating your effective hourly rate and ensuring your pricing covers your overhead.
Project Tracking
If you work with multiple clients, use the "Client Name" and "Project" columns to keep your billing organized. This makes generating invoices at the end of the month fast and accurate.