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A pricing model where clients are billed for actual labor costs (tracked time × labor rates) plus a markup percentage or fixed fee to cover overhead and profit, requiring accurate time tracking and transparent cost documentation to justify billings and maintain client trust.

Practice of categorizing work hours into billable (client-facing, revenue-generating) and non-billable (administrative, internal) categories. Critical for professional services firms to maximize revenue capture and understand true project profitability.

Practice of tracking all work hours throughout the day without gaps, ensuring complete accountability and accurate payroll. Every hour is assigned to a project, task, or category, creating comprehensive data for billing and analysis.

Time tracking methodology used by professional services firms to capture time spent on client work for accurate billing, with 6-minute increments being the industry standard.

Manager feature that allows approving multiple employee timesheets simultaneously rather than one at a time. Streamlines approval workflows and reduces administrative time for managers overseeing large teams or during period-end processing.

Key performance metric for professional services firms measuring the percentage of working hours that can be billed to clients. Critical for understanding productivity, profitability, and resource allocation with industry benchmarks typically ranging from 60-85%.

Classification system distinguishing client-billable work from internal activities. Critical for accurate client billing, profitability analysis, and understanding true project costs including overhead in professional services.

Separate tracking of meal breaks, rest periods, and unpaid time within work shifts. Required by labor laws in many jurisdictions and essential for accurate wage calculation and compliance with break period regulations.

Legal billing best practice of recording time immediately as work is performed, rather than reconstructing hours retrospectively. Supported by ABA Model Rule 1.5, this practice ensures accuracy, prevents revenue loss, and maintains ethical billing standards.

Physical time blocking planner with undated weekly layouts and customizable time blocks for structured daily planning. Features 104 pages of weekly schedules measuring 9.25" x 10.5", designed for manual time management and productivity tracking.

Cal Newport's pen-and-paper tracking methodology for recording total hours spent in unbroken concentration each week. Part of the 4 Disciplines of Execution framework applied to deep work, emphasizing lead measures (hours tracked) over lag measures (results achieved).

A circular, clock-like visual time tracking layout for bullet journals and planners. Divided into sections representing hours, this distinctive design serves as a time-tracking compass, allowing users to visualize their daily schedule in an analog, spiral format.