Software designed to handle time and billing tracking as well as invoicing customers for services and products. Billing software can track the hours worked by employees as well as expenses associated with projects or clients.
Most time and billing software applications also create billing cycle reports to display information such as hours worked, expenses incurred, how much to bill clients, and which clients owe money for specific projects.
Popular time and billing software tools include Sage Timeslips, Intuit QuickBooks Time and Billing Manager, Billing Tracker and kBilling.
Recommended Reading: SOHO Business Solutions: Accounting and Finance Software.