![]() It’s free to use and we’re here to help if you have any questions. Our hourly rates calculator is a simple, but powerful way to help you make pricing decisions. Simulate your pricing using different profit margins.Calculate what you need to charge based upon your profit objectives.In addition, you can easily simulate different scenarios, to help you make better pricing decisions. With our hourly rates calculator you will be able to calculate what your rates need to be taking into account your expenses, billable hours and profit objectives. Take the guesswork out of calculating your hourly rates. See total work hours in hours and minutes hh:mm format as well as decimal hours. Calculate total work hours with lunch and breaks. You also need a clear understanding of what profits you want to make and what your competitors are currently charging. This online time clock uses a standard 12-hour work clock with am and pm or a 24-hour clock for military time. You simply multiply your number of billable. What pricing methods do you currently use? Do you charge by the hour, per project, use a cost plus method or a % commission? Whichever method you use, you need to know how long it takes to deliver your service and what your costs are. Once you know how many hours you need to bill for, calculating how much you are owed is pretty straightforward. Step 3 Set hourly rates You can set a different hourly rate for each project and task, and choose what's billable. ![]() Whether you are starting a new business or have been established for some time, you need a robust way to figure out what to charge and should regularly review your pricing, to ensure you are continually maximizing your profits whilst retaining competitiveness. How billable hours calculator works Step 1 Create account Sign up for free Step 2 Set up projects Create projects, categorize them by clients, and create tasks on projects. If you have a business that charges out, or has costs paid for, on an hourly basis, how do you know if you are charging enough? With our simple, but powerful hourly rates calculator you’ll be able to quickly and easily find out.
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