Payment Tracker for Freelancers1 min read

Google Sheet screenshot of Payment tracker for Freelancers
Google Sheet screenshot of Payment tracker for Freelancers
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It’s hard to know whether the amount of time spent on each project is worth the rate you receive. By tracking the amount of time and money accrued for each client by day, week, and month I can determine which clients are my most profitable.

I decided to create a payment tracker that gives a real-time overview of how much time and money accrued for each client by day, week, and month. This helped me determine which clients give me the most bang for my buck.

When determining whether I should renew a contract with an existing client or accept a contract for a new client I used this sheet to make the decision easy. The new client was offering a slightly lower rate, but I knew there were a good amount of billable hours. Although the existing client had a higher rate, I found myself spending a lot of my own time solving issues that I felt didn’t justify billing for. I applied the 80/20 principle by getting rid of the client that took up more of my time.

Try this Payment Tracker and connect with me on social media or email to let me know what you think.

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