#Simple invoice template hourly how to
#Simple invoice template hourly pdf
#Simple invoice template hourly software
#Simple invoice template hourly download

PayPal, credit card, app-based methods)Īn invoice can be generated manually using a program such as Google Docs or Microsoft Word, but for greater ease and simplicity, check out online invoice generators or invoicing software. Description of services rendered or tasks completed.Name and contact information for client.Service provider’s logo (if applicable).address, phone number, business name, etc.) of service provider Key Elements of an Hourly Rate InvoiceĪn hourly rate invoice should include the following elements: It allows the user to input a weekly, bi-weekly, monthly, quarterly, or yearly salary, the number of holidays/vacation days a worker is allotted in a year, and the number of days and hours worked in a week to determine the individual’s hourly rate. Those that need to calculate an hourly rate fast and don’t want to rely on math to get it right should make use of ’s Salary Calculator. Now, take the yearly wage and divide it by the value found before.

In this case, it would be (50 weeks x 40 hrs/week = 2,080 hours a year). Then, identify the number of hours worked in a single week (the average is 40 hrs/week). To allow for vacation days and other factors, first determine the number of weeks that will be worked in a year (the average is about 50, allowing for two (2) weeks of vacation). So $50,000 divided by two (2) equals $25,000, then, to divide by 1,000, move the decimal place to the left by three (3) places, resulting in an hourly wage of $25/hr. To determine an unadjusted rough value, one can take the yearly salary value (let’s say $50,000) and divide it by 2, and then 1,000 (or divide it by 2,000 if a calculator is handy). However, those looking to charge a single fee for their work need to have completed a job several times to ensure they know the amount of time it takes and any pitfalls to avoid being underpaid for a job that takes longer than expected. Flat fee – Charging a single amount for a job is, like an hourly rate, relatively easy to conceptualize.Although this option is simple, it can result in workers being less motivated and in a client over-paying. Hourly rate – A specific dollar amount that is multiplied by the number of hours dedicated to a certain project or task.The two options have advantages and disadvantages. The two (2) most common charging methods are via an hourly rate ($/hr) or by a single flat fee that is paid upfront or after work has been completed. Individuals who choose to charge by the hour should implement an efficient, effective, and meticulous invoicing system that allows them to track hours, get paid for hours worked, and stay on top of cash flow. Freelancers and contractors, for example, need to have a solid understanding of their finances to charge a rate that allows them to cover living expenses while remaining an attractive option for prospective clients.

Many professionals charge by the hour for services rendered. Identifying an hourly rate is important for both the employed and employers.

#Simple invoice template hourly software

To create PDFs in earlier versions of Microsoft® Excel you will however need to have a software like Adobe Acrobat® or similar.How to Create an Hourly Rate Invoice That Will Get You Paid on Time, Every Time

#Simple invoice template hourly pdf

If you are using latest version of Microsoft® Excel®, which has built in PDF converter, then you do not need any additional software. The best way to deal with this task is to convert your invoices to PDF, which you could then send via email to your clients rather than sending paper copies by postal service. You can then upload your own logo in the usual way that you do for the particular version of Microsoft® Excel® that you have in your computer. Just remember to delete the place-holder image which we have inserted into the templates first. Of course, you can also insert your own logo. Some of the settings are optional and some are not, but the important part is that all four invoice templates within the spreadsheet will reflect the changes you select on the settings tab. You can even change the color scheme of your invoice template. For example, you can show or hide your company name or slogan, enter your company details or select the currency symbol relevant to your country out of 4 preset symbols. This is where you can change most of the functionalities of the template.

#Simple invoice template hourly download

Once you download either of our invoices, you should look for the settings tab.

#Simple invoice template hourly how to

Once you learn how to use one, all other ones become really easy to familiarize with. Before going ahead with the details of how this template works, it is useful to have in mind that the general design is the same as on other invoice templates that you can download from Spreadsheet123.