InvoiceTools

Hourly invoice calculator

An hourly invoice is hours times rate, plus expenses, with tax on the subtotal and any deposit taken off at the end. 18 hours at $95 with $140 of materials and 8.25% tax is $2,002.63, or $1,502.63 after a $500 deposit.

Hours and a rate into a total you can send.

Built for the invoice you write after a job billed by the hour: the hours, the rate, the bits you paid for on the way, and the deposit that has to come off.

The deposit is the line people forget, and forgetting it is how you end up asking for money you have already been given.

Show the hours, not a lump

The most common reason an hourly invoice gets queried is that it says 'labour, $1,710' and nothing else. The client cannot check it, so they ask, and now you are reconstructing a fortnight from memory.

Hours and rate on their own line costs nothing and removes the question. If you kept a timesheet, the days can go on as separate lines and the query never happens at all.

The deposit comes off at the end

Tax applies to the work, not to the balance after a deposit. The order is: labour plus expenses, less any discount, tax on that, then subtract what has already been paid. Subtracting the deposit before tax undercharges the tax and is tedious to unpick later.

Expenses and markup

Materials bought for the job go on as expenses. Whether you mark them up is a pricing decision rather than an invoicing one, and if you do, apply the markup before the figure reaches this page. The markup calculator gives you the number.

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Questions people ask

How do I calculate an hourly invoice?

Multiply hours by your rate, add overtime at its multiplier, add expenses, take off any discount, apply tax to that subtotal, then subtract any deposit already paid.

Does tax apply before or after the deposit?

Before. Tax is charged on the work, not on the balance outstanding. Subtracting the deposit first undercharges the tax.

Should I charge overtime?

Only if it is in what you agreed. Applying a multiplier the client has not seen is how an invoice gets disputed. If overtime is in your terms, put the multiplier on the invoice next to the hours.

Should materials be marked up?

That is a pricing decision, not an invoicing one. Many trades mark materials up to cover the time spent sourcing and collecting them. Apply the markup before the figure reaches the invoice.

How do I turn this into an actual invoice?

The button under the result carries the labour, overtime and expenses into the invoice generator as separate lines, with the tax rate already set.

What if I tracked hours per day?

Use the timesheet, which totals the week from clock times and carries each day onto the invoice as its own line. The client sees the days rather than one number.

Send it yourself, or send it and watch it

Everything here is free with no account. Send a document as a link instead and you see when it was opened, which line they questioned, and who signed it, so chasing becomes a decision rather than a guess.

The first four documents you send as a tracked link are free with an account. Everything else on InvoiceTools.com stays free and needs no account.

Terms used on this page

Plain-English definitions, each with an example.