Finance Overview is a showcase of all logged project timesheets, including project expenses.
- Logged Hours – Shows the total logged project hours, both billable and non-billable.
- Billable Hours – Shows the total billable hours for all time.
- Billed Hours – Shows the total invoiced hours.
- Unbillable Hours – Shows the total unbilled hours. For example, this means that the project has 3 unbilled hours from the last project invoice (if any).
The total values are calculated based on the Billing Type.
Example: Billing type Project Hours.
The project has logged a total of 3 hours, and the rate per hour in project settings is set at $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's Total Per Hour.
Example:
- Fix Firefox Bug – Total per hour is $25.
- Create New Table in Database – Total per hour is $40.
Task 1 (Fix Firefox Bug) has logged 1 hour, and Task 2 (Create 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 New Table in Database)
Equal to $105