Harvest Billable Amount - Metric Definition - Metric Library (2024)

  • 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 Harvest Billable Amount - Metric Definition - Metric Library (1) 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.

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:

  1. 1

    Connect Harvest that contains the metric you want to track

  2. 2

    Select the metric you want to track from the list of available metrics

  3. 3

    Drag and drop the selected metric onto your dashboard

  4. 4

    Watch your dashboard populate in seconds

  5. 5

    Put Billable Amount on the Performance screen

  6. 6

    Get Billable Amount performance daily with Scorecards or as a weekly digest

  7. 7

    Set Goals to track and improve performance of Billable Amount

Goals Set Goals to track and improve your performance Scorecards Get your daily progress every morning with Scorecards Metric Digest Receive detailed weekly performance updates Metric Builder Built your own custom metrics with Metric Builder Data Calculations Set Goals to track and improve your performance Performance Screen Get instant insights into your top-performing metrics

Harvest Billable Amount - Metric Definition - Metric Library (9) Track Billable Amount from Harvest in Databox GET STARTED

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.

    Harvest Billable Amount - Metric Definition - Metric Library (10)

Basics

  • 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.

  • Category

    Project Management

  • Subcategory

    Hours

  • Default Format

    PrefixCurrency

  • Cumulative Support

    Yes

  • Units

    Yes

  • Granularities

    daily, weekly, monthly, yearly, quarterly, allTime

  • Favorable Trend

    increasing

  • Historical Data

    Yes

  • Changing historical data

    Yes

  • Forecast Support

    Yes

  • Benchmark Support

    Yes

  • Media Support

    No

  • Dimension

    N/A

  • Metric Type

    event Learn more

  • 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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Harvest Billable Amount - Metric Definition - Metric Library (19)

Harvest Billable Amount - Metric Definition - Metric Library (2024)
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