Skip to content
  • There are no suggestions because the search field is empty.

Project Billable Types: Hourly, Flat Fee, and Contingency

Choose how each project turns tracked time into an invoice

Applies to: Billing

When you create a project, you choose how it bills on the Billing tab under Project Billable Type. There are three options, and they change how the invoice is calculated.

Project Billable Types

The Project Billable Type dropdown offers Hourly, Flat Fee, and Contingency.

The Three Types

Type
How it bills
Use it for
Hourly
Hours × billing rate
Work where the client pays for time spent — the default and most common
Flat Fee
A fixed price regardless of hours
Work quoted at a set price up front
Contingency
Billing depends on the outcome
Work paid on results rather than effort

Keep Tracking Time on Flat Fee and Contingency Projects

Even when hours don't set the invoice amount, keep logging them. Your tracked hours show whether the fee you quoted actually covered the work — compare them in the Profitability report.

Important: Set the billable type when you create the project. Changing it after time has been logged changes how existing entries price on future invoices.

Billable Type vs. the Bill Checkbox

These are separate settings. The billable type controls how the project bills; the Bill checkbox on each timesheet row controls whether an individual entry is charged. The project's Time Entry Billable Status Default (on the Billing tab) sets which way that checkbox starts.