Question 1

How does tsheets handle invoicing?

Accepted Answer

Depends entirely on how you prefer to manage invoicing. TSheets offers features that can help simplify the invoicing process, but it may not be a standalone invoicing tool.

As a time tracking software, TSheets focuses on accurately capturing the time worked on projects, and this data can be used to generate invoices. Users can track billable and non-billable hours separately, which is important for project-based work. When you finish a project, you can pull reports to see how much time was spent on it, and then use this data to create your invoices. This confirms that your invoices reflect the actual work done, which can improve accuracy and transparency with your clients.

In practice, once your team logs their hours, you can generate detailed reports that break down the time spent per project. This can be exported to your preferred invoicing software or created directly within TSheets if your subscription plan includes that feature. Integrating TSheets with other accounting or invoicing software can also simplify the process, making it easier for you to move from time tracking to invoicing.

This setup is ideal for businesses that prioritize accuracy in billing clients based on hourly work. However, if you're looking for more advanced invoicing capabilities, like custom invoice designs or payment processing directly within the tool, TSheets may not meet all your needs without additional integrations.

Consider evaluating how much invoicing you do and whether the reports generated by TSheets suffice for your billing needs. If you already use accounting software, check if it integrates well with TSheets for a smoother workflow.

Question 2

Does tsheets support multiple billing rates?

Accepted Answer

TSheets supports multiple billing rates, which is useful for businesses managing different clients and projects with varying rates.

The functionality lets you assign specific rates based on the client, project, or type of work. For example, if one client pays $100 per hour for specific tasks and another pays $75 for different work, TSheets tracks those hours accordingly. When your team logs time, they select the appropriate project or task, and TSheets automatically applies the correct billing rate.

This feature is especially useful for project-based businesses that need accuracy in billing and correct client charges based on work performed. It simplifies invoicing—you can generate reports showing total billable hours for each client at their respective rates. This makes your invoicing process efficient and reduces billing errors that could cause disputes.

However, this feature may add complexity to your time tracking setup, particularly with many clients or projects with different rates. You'll need to ensure your team knows how to select the correct billing rate when logging time, which may require initial training.

To manage this effectively, set up a clear system for your team and walk through a few scenarios during onboarding. If your business has varying billing rates, TSheets can meet that need and keep invoicing accurate.

Question 3

What are the pricing plans for tsheets?

Accepted Answer

TSheets offers subscription-based pricing for small businesses, medium enterprises, and larger companies. Pricing depends on the number of users and features you need. A free trial is available, and subscription plans generally start at a per-user monthly rate. Your total cost scales with team size—more users means a higher monthly bill. Determine how many users need access to get an accurate cost estimate.

TSheets provides essential time tracking in its base plan, including mobile and web access, automatic time capture, and tracking of billable and non-billable hours. Advanced features like reporting and accounting software integrations are available in higher-tier plans at additional cost. For small teams, pricing is relatively affordable, but costs increase as your team grows or you add features.

The software works well for businesses needing a solution that grows with them. Small teams may find basic features sufficient, while larger organizations benefit from premium plan features. Freelancers and very small businesses may find per-user pricing steep for basic time tracking needs.

Some features may come with additional fees, so review all details before committing. Use the free trial to explore TSheets' features and see how they fit with your budget and needs.

Tsheets discussions

Discussions

How does tsheets handle invoicing?

Does tsheets support multiple billing rates?

What are the pricing plans for tsheets?