Time tracking software meets the requirements and reduces the expenses and costs associated with switching invoices and billing expenses. However, when tracking employees’ time hourly, accuracy is required; they must completely input all data to keep the client’s time log. The accountant’s job is difficult and time-consuming, but time tracking software tracks productive hours computes billable time and generates payments automatically and without stress.
So, are you looking for the best time tracking software for accountants to make your job easier and more efficient? We’ve compiled a list of our top 10 time tracking software to help you choose the best time tracking software for data computation. The tracking software features differ so that you can make a choice based on your preferences. The few selected time tracking software has an enterprise plan that you can make enquire about, so you can personally customize it to suit your firm.
Top 10 Time Tracking Software for Accountants.
Accountants can use the time-tracking apps listed below to automatically track each employee’s days-hours work and calculate their salary and office expenses.
- FreshBooks: Best Easy & Simple Time and Expense Tracking
- Bonsai – Best Time Tracking Software for Centralized Timesheets
- Clockify – Best Time Tracking Software for Data Computation.
- Toggl Track – Best Time Tracking Software for Simple Time Tracking.
- Xero – Best Time Tracking Software for Small Businesses.
- ClickTime – Easy Online Timesheet Tool for Accountants.
- BigTime – Best Automation Software for Timesheet Management and Billing.
- TimeCamp: Best Time Tracking Software for Agencies.
- Time Doctor: Best Time Tracking Software with Focus on Productivity.
- PurelyTracking: Best Time Tracking Software for Optimising Time Utilization
1. FreshBooks: Easy & Simple Time and Expense Tracking
Pricing: Free Download with the following subscription plans;
- Lite Plan – $4.50 per month
- Plus Plan – $7.50 per month
- Premium Plan – $15 per month
FreshBooks is a time tracking and accounting software designed for small to medium-sized businesses.
The app is designed to help freelancers, self-employed professionals, businesses with employees, and businesses with contractors.
Furthermore, the software automatically sends reminders for late payments and tracks total expenses, making accountants’ jobs easier and more accurate.
KEY FEATURES
- In-App Estimates and Proposals
- App Integrations
- Time Tracking
REASONS TO BUY
- User-friendly Interface
- Effective Time Tracking
- Easy Invoicing
REASONS TO AVOID
- No Essential Features On Free Version.
- No Automatic Enumeration
2.Bonsai – Best Time Tracking Software for Centralized Timesheets
Pricing: Free trial with all plans, which include the following:
- Starter Plan – $24 per month
- Professional Plan – $39 per month
- Enterprise Plan – $79 per month
As an accountant, you need a solution that will help you focus on clients while automation takes care of the rest. This is where Bonsai shines as a time-tracking software that comes with centralized timesheets. So whatever tasks or projects you are working on, it will time each of them so that you know where you spend your time and how to bill your clients.
All the timesheets are centralized, so you can instantly bill clients without doing much. Besides that, you can also set the rate of the project, depending on what you want to charge. So, it will help make the billing process optimized in no time.
If you want to focus on providing your clients with an excellent accounting service, then you can select Bonsai. All the features have been designed to guarantee that you get paid on time with the right amount. So, start using Bonsai with the free trial today.
Key Features
- Smart invoicing
- Project creation
- Unlimited projects
- Timesheets
- Task creation and management
- Templates
- And more
Reasons To Buy
- There is a smart invoicing feature to bill clients
- It is quick and easy to set up
- You can sync the time-tracking feature with the tasks
Reasons To Avoid
- Some of the plans can be expensive for independent accountants
3. Clockify – Best Time Tracking Software for Data Computation.
Pricing: Free Download with a subscription fee of $4 per month.
It is one of the best time tracking software for accountants, as it tracks time and keeps track of work hours, attendance, and employee productivity.
Clockify’s free plan includes the ability to add tasks and billable rates and set time estimates, whereas other time trackers require a paid plan to do so.
KEY FEATURES:
- Timesheet
- Project management
REASONS TO BUY:
- User-friendly Dashboard
- Track Employees and Work
- Mobile support
REASONS TO AVOID:
- No Screenshot Feature
- No Keystroke Logging
4. Toggl Track – Best Time Tracking Software for Simple Time Tracking.
Pricing: Free Download with the following subscription plans;
- Starter Plan – $9 per month
- Premium Plan – $18 per month
Toggl Track is one of the best time tracking software for accountants to help them work more efficiently and accurately. This timesheet app is useful for tracking the time spent on tasks and projects by individuals, business owners, and large corporations. It saves you time and money regardless of how you use it.
Toggl Track is available on the web, desktop (Windows, Mac, and Linux), and mobile (iOS and Android) platforms, and it integrates with hundreds of invoicing and project management tools.
KEY FEATURES:
- Task management
- Time tracking
- Reporting And Analytics
REASONS TO BUY
- Simple and easy to use
- Save time
- Auto-tracker
REASONS TO AVOID
- No Screenshot Feature
- No Screen Monitoring Feature
5. Xero – is a cloud-based accounting software made for those small businesses.
Pricing: Free Download with the following subscription plans;
- Starter Plans – $15 Per Month
- Standard Plans – $32 Per Month
- Premium Plan – $41 Per Month
Xero is specialized software that provides powerful accounting tools to assist with timecards, expenses, payments, and Customer Relationship Management (CRM). The time tracking software is used for bookkeeping functions such as invoicing and payroll and allows you to connect to a live bank feed.
KEY FEATURES
- Multi-currency
- Schedule Payments And Batch Pay Suppliers
- Flexible Accountancy
REASONS TO BUY
- Free Product Updates
- Interactive Platform
- Invoice On Your Mobile
- Low-cost Plans
REASONS TO AVOID
- No Automatic Recurring Payments
- No Reconciliation
6. ClickTime: Easy Online Timesheet Tool for Accountants.
Pricing: Free Download with the following subscription plans;
- Starter Plan – $9 Per User Per Month.
- Team Plan – $12 Per User Per Month.
- Premier Plan – $24 Per User Per Month.
ClickTime’s time tracking software is appropriate and simple for businesses with 10 to 1000 employees. It creates an online timesheet and exports timesheet data to your payroll, accounting, and client billing software.
It computes data in a location, such as billable hours and non-billable time, and makes payments to clients accordingly.
KEY FEATURES:
- Projects’ Profitability And Expenses.
- Stopwatch Timer.
- Export Data On Xml Files.
REASONS TO BUY
- Easy-to-use Time-tracking Tool
- Generation Of Online Timesheet
REASONS TO AVOID
- Low Storage Facilities
- A Frequent Update Is Necessary
7. BigTime: Best Automation Software for Timesheet Management and Billing.
Pricing: Free Download with the following subscription plans;
- Express Plan – $10 Per Month
- Pro Plan – $30 Per Month
- Premier Plan – $40 Per Month
BigTime is a time and expense tracking accounting system software for projects that charge billable hours. The app boosts productivity by syncing QuickBooks data with a single click, managing projects, and calculating billable hours.
KEY FEATURES:
- Expense Tracking
- Project Management
- Offline Functionalities
- Reporting
REASONS TO BUY
- Standardize Workflows
- Bill Faster
- Track Smarter
REASONS TO AVOID
- Limited features for the free version
8. TimeCamp – Best Time Tracking Software for Agencies.
Pricing: Free Download with the following subscription plans;
- Free Solo Plan For Freelancers.
- Basic Plan – $5.25 Per Month.
- Pro Plan – $7.50 Per Month.
TimeCamp is a time tracking software with accounting features that allows you to keep track of your budget and expenses with ease and accuracy. It is compatible with over 100 apps and work tools.
The app helps increase project profitability and productivity by tracking employees’ time and expenses.
KEY FEATURES
- Timesheet Approval
- Productivity Tracking
- Automation Of Work Hour
REASONS TO BUY
- Easy Invoicing
- Integrations & Add-ons
REASONS TO AVOID
- Expensive
- The mobile app needs some modification.
9. Time Doctor: Best Time Tracking Software with Focus on Productivity.
Pricing: Free Download with the following subscription plans;
- Free Plan – $0
- Solo Plan – $5 Per Month
- Time Doctor – $9.99 Per Month
Time Doctor is a cloud-based time tracking software that accountants use to provide accurate data on employees’ work hours, attendance, and productivity. It keeps track of employees’ work hours, attendance, and productivity as accounting professionals.
KEY FEATURES
- Productivity Evaluation
- Integration and API
REASONS TO BUY
- Flexible Configuration
- Time Tracker
- Project Management
- Client Access
- Accurate Time Tracking
REASONS TO AVOID
- Outdated user interface
- Idle time alerts can be distracting
10. PurelyTracking: Best Time Tracking Software for Optimising Time Utilization
Pricing: Free Download with the following subscription plans;
- Silver Plan – $3 Per User, Billed Annually.
- Elite Plan – $8 Per User, Billed Annually.
- Basic Plan – $24 Per Month
- Premium Plan – $49 Per Month
- Pro Plan – $99 Per Month
- The Enterprise Plan – $199 Per Month
Accounting firms use PurelyTracking time tracking software to keep track of their employees’ time. Employee time tracking, attendance management, timesheets, payroll, face recognition, and benefits management are all unique features of the software that make it more efficient and accurate.
KEY FEATURES:
- Automatic Time Capture
- Billable & Non-Billable Hours
- Calendar Management
REASONS TO BUY
- Easy To Use
- Time Tracker
- Employee Database
REASONS TO AVOID
- Expensive
References and Links
- https://www.timecamp.com/blog/2021/03/top-time-tracking-software-for-accountants/
- https://timetracko.com/blog/best-time-tracking-software-for-accountants/
- https://biz30.timedoctor.com/time-billing-software-for-accountants/
- https://timeanalyticssoftware.com/25-best-time-tracking-software-solutions-for-accountants-for-2021/
- https://www.usepixie.com/post/best-time-and-billing-software-for-accountants-reviews
- https://jetpackworkflow.com/time-tracking-software-accountants-cpa-firm-bookkeepers/
- https://www.quicksprout.com/best-time-tracking-software/