Finance Overview is a showcase of all logged project timesheets together including project expenses.
- Logged Hours – Shows total logged project hours Billable and Non-Billable
- Billable Hours – Shows total billable hours – All time
- Billed Hours – Shows total invoiced hours.
- Unbillable Hours – Shows total unbilled hours. Ex. This means that the project has 3 unbilled hours from the last project invoice (If any).
Example billing type Project Hours
The project has logged a total of 3 hours and the Rate per hour in project settings is set 40$ the calculation will go like this:
40$ x 3 = Total 120$
Example billing type Task Hours
The total per hour, in this case, is taken from the task Total Per Hour
Fix firefox bug – Total per hour is 25$
Create a new table in the database – Total Per hour is 40$
Task 1 (Fix firefox bug) has logged 1 hour and Task 2 (Create a new table in database) has logged 2 hours.
The calculation goes like this:
25$ x 1 hour (Task 1 – Fix firefox bug)
40$ x 2 hours (Task 2 – Create a new table in database)
Equal to 105$