Billable Hours Calculator
Calculate the value of your billable time based on your rate and duration. Perfect for professionals who need to track and calculate their billable hours value.
How It Works
Enter Your Rate
Input your hourly, daily, or monthly billable rate to start calculating your earnings
Specify Time
Enter the exact hours, days or time duration you worked on billable activities
View Total
Get an instant calculation of your total billable amount with a detailed breakdown
6-Minute Billing Increments Chart
Billable Hours Chart: Standard billing increments used by professionals to track partial hours
Minutes Worked | Billable Hours |
---|---|
1-6 minutes | 0.1 |
7-12 minutes | 0.2 |
13-18 minutes | 0.3 |
19-24 minutes | 0.4 |
25-30 minutes | 0.5 |
31-36 minutes | 0.6 |
37-42 minutes | 0.7 |
43-48 minutes | 0.8 |
49-54 minutes | 0.9 |
55-60 minutes | 1.0 |
You might be wondering
What are billable hours?
Billable hours are the amount of work time that can be charged to clients or employers. This includes time spent directly working on client projects, attending client meetings, or performing billable services. Not all work hours are billable - administrative tasks, internal meetings, and professional development typically aren't billable.
Who needs to track billable hours?
- Lawyers and legal professionals
- Consultants and freelancers
- Agency professionals
- Accountants and financial advisors
- Project managers and contractors
How are billable hours calculated?
The billable amount is calculated using this formula:
Total = Billable Rate ร Time Duration
For example:
- Hourly rate: $100
- Time worked: 2.5 hours
- Total billable amount: $250
For rate and time conversions, we use these standard assumptions:
- 1 day = 8 hours
- 1 week = 40 hours
- 1 month = 160 hours
- 1 year = 2,080 hours
What is the 6-minute billing increment?
The 6-minute billing increment is a standard practice, especially in legal and professional services. It divides each hour into 10 parts (60 minutes รท 10 = 6 minutes per increment). This makes it easier to calculate partial hours, as each 6-minute increment represents 0.1 hours of billable time.
Terms of Use
This calculator is provided for informational purposes only. The results should be used as estimates and not as definitive calculations. Always verify calculations with your accounting system or financial advisor. Actual billable amounts may vary based on your specific agreements, policies, and local regulations.
Track Your Billable Hours Automatically
Streamline your time tracking with our Slack-integrated timesheet tool. Track billable hours, generate reports, and invoice clients automatically.
You Without Billable Ninja
- Employees submit timesheets late or not at all
- Struggling with accurate billable hours tracking
- No visibility into project profitability
- Need to switch between multiple apps and platforms
You With Billable Ninja
- Automated timesheet reminders
- Clear insights into billable vs. non-billable time
- Real-time project budget tracking
- Everything integrated directly in Slack - no external apps needed