- Metric Library
- Integrations
- Harvest
- Billable Amount
The Billable Amount metric tracks the total amount of money earned from billable hours or project tasks completed by team members. It helps gauge the revenue generated by the team and informs billing and invoicing processes.
With Databox you can track all your metrics from various data sources in one place.
Billable Amount 2.190,879 Start tracking this metric
- About
- Tech details
What is "Billable Amount"?
The Billable Amount metric in Harvest represents the amount of money that a client owes for services rendered. It is calculated by multiplying the number of billable hours worked by the hourly rate agreed upon between the client and the service provider. The Billable Amount is a key metric for tracking revenue and profitability, as well as for generating invoices and managing cash flow. Accurately tracking and managing billable hours can help businesses maximize their revenue and ensure that they are getting paid for the value they provide to their clients.
Example: A graphic design freelancer uses the Billable Amount metric to calculate how much they should invoice their client for the hours they worked on a branding project.
Visualizations
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Number
Used to show a simple Metric or to draw attention to one key number.
How to track Billable Amount in Databox?
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Billable Amount using Databox, follow these steps:
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1
Connect Harvest that contains the metric you want to track
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2
Select the metric you want to track from the list of available metrics
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3
Drag and drop the selected metric onto your dashboard
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4
Watch your dashboard populate in seconds
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5
Put Billable Amount on the Performance screen
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6
Get Billable Amount performance daily with Scorecards or as a weekly digest
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7
Set Goals to track and improve performance of Billable Amount
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Harvest Billable Amount included in Dashboard Templates 1
- Live view
Harvest Time Project & Team Report
This dashboard will help you track all your tracked time, split by team, project, clients and tasks and choose from a variety of date ranges.
Basics
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Description
The Billable Amount metric tracks the total amount of money earned from billable hours or project tasks completed by team members. It helps gauge the revenue generated by the team and informs billing and invoicing processes.
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Category
Project Management
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Subcategory
Hours
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Default Format
PrefixCurrency
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Cumulative Support
Yes
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Units
Yes
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Granularities
daily, weekly, monthly, yearly, quarterly, allTime
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Favorable Trend
increasing
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Historical Data
Yes
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Changing historical data
Yes
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Forecast Support
Yes
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Benchmark Support
Yes
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Media Support
No
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Dimension
N/A
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Metric Type
event Learn more
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API Endpoint
https://api.harvestapp.com/v2/time_entries
Related Metrics
- Harvest Billable Hours by Tasks Billable Hours by Tasks is a metric in Harvest that shows the amount of time spent on billable tasks. It helps track the time spent by team members on specific tasks, allowing businesses to prioritize work and increase productivity.
- Harvest Non-Billable Hours by Team The Non-Billable Hours by Team metric measures the amount of time each team spends on non-billable tasks, such as administrative work or internal projects, in comparison with their billable hours.
- Harvest Billable Amount by Tasks The Billable Amount by Tasks metric measures the amount of revenue generated by specific tasks performed by individuals or teams within a project, allowing for better cost allocation and analysis.
- Harvest Uninvoiced Amount Uninvoiced amount is the total value of work completed by a business that has not yet been invoiced to clients or customers. It is an important metric for tracking outstanding revenue and cash flow.
- Harvest Hourly Budget by Projects Hourly Budget by Projects is a metric that tracks the estimated versus actual hourly expenses incurred on a specific project, helping managers monitor and control costs.
- Harvest Budget by Projects Budget by Projects is a financial metric that tracks the planned and actual expenses of a specific project, helping teams stay on track with their budgeting goals.
- Harvest Team Capacity Team Capacity measures the amount of work a team can realistically accomplish within a given period of time, accounting for holidays, vacations, and other factors.
- Harvest Team Capacity by Name Team Capacity by Name metric is a measurement that calculates the amount of work a team member can complete in a set time period. It helps assign tasks effectively and avoid overloading team members.
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