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Tracking billable hours stands as one of the most crucial aspects of running a service-based business. FreshBooks offers intuitive time tracking features that allow you to easily record and review time entries, then mark them as billed once they've been invoiced. This comprehensive guide walks you through the importance of marking your time as billed, when to do it, and provides a detailed step-by-step process for managing this essential task within FreshBooks.

Running your own business requires meticulous record-keeping, especially when it comes to personal withdrawals. FreshBooks offers a straightforward approach to marking owner's draws—money you take from your business for personal use—rather than paying yourself a fixed salary. This comprehensive guide explores what an owner's draw is, why proper tracking matters, and provides detailed instructions for managing these transactions in FreshBooks.

Managing time entries accurately forms the backbone of efficient business operations. FreshBooks offers a user-friendly platform where marking hours as billed (or unbilled) takes just a few clicks. This comprehensive guide walks you through the entire process of updating billing statuses, explains when you might need this feature, and provides valuable tips to streamline your workflow.