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Time & Materials (T&M) tracking

Track time-and-materials work and what it's worth

On time-and-materials work, every hour that doesn't get logged is revenue you already earned and threw away. Timix.AI captures T&M hours fast, prices them at the customer rate, caps the engagement so the client's never surprised, and shows the margin behind the billables — then turns approved hours into a commercial invoice (Professional+) or exports them for the tool you bill from.

90-day free trial, full access, no credit card.

One T&M engagement, priced live
  • Hours × customer rate $22,750
  • Hours × cost rate $13,900
  • Not-to-exceed cap 78% used
  • Approved & exportable 141.0 h

Illustrative entries

01 The problem

On T&M, unlogged is unpaid

Time-and-materials only works if the time gets recorded — all of it, defensibly, before it's billed. The losses are quiet, and they're pure margin.

Under-recorded hours are lost revenue

The 20-minute call, the after-hours fix — the hours people don't bother logging are exactly the billable ones, and on T&M they're gone for good.

There's no defensible, approved record to bill from

Billing T&M means standing behind the hours. Reconstructed-from-memory timesheets aren't a record a client will accept without a fight.

A T&M engagement runs past where the client expected

Without a not-to-exceed cap that warns, an open-ended engagement quietly blows past the number the client had in their head — and that's a hard conversation at billing time.

02 How Timix.AI fits

Hours × rate, capped, approved, exportable

T&M is a first-class billing type here, not a workaround — priced correctly per entry, capped where you need it, and approved before it's exported.

T&M priced correctly, every entry

Set a project, task, or subtask to Time & Materials and each hour computes as hours × customer rate automatically.

T&M is one of 3 native billing types (T&M, Fixed Price, OVH) with per-level inheritance.

The not-to-exceed, as a cap that warns

An hour-cap budget with soft and hard limits and alert thresholds is your NTE: warn the team before it's hit, block at the ceiling.

T&M hour-cap budgets with soft/hard limits + alert thresholds.

Approved hours, billing-ready

The Draft → Submitted → Approved workflow gives you a defensible record, with reject-and-reason and an approval history when an entry's disputed; Unbilled Time and Customer Billing reports export to PDF/CSV — or become a commercial invoice you send (Professional+).

Approval workflow (reject-with-reason + history); built-in reports incl. Unbilled Time & Customer Billing → PDF/CSV.

Margin, not just billables

Cost rate alongside customer rate means T&M shows profit, so a fully-billed engagement that's barely profitable can't hide.

Dual rates → revenue/cost/profit/margin; effective-dated cost rates.

3 billing types, with T&M first-class — plus Fixed Price and OVH
2 rates on every hour — customer rate and cost rate
Many reports, including Unbilled Time, exportable

03 Try it on a T&M engagement

Cap a T&M job and price it live

Create a workspace, set an engagement to T&M, add a not-to-exceed cap, log a few hours, and watch billable value and margin compute as you go. Full access, 90 days, no card.

Start free trial No credit card

90-day free trial, full access, no credit card.

Want to look around first? Pre-seeded IT-services, law-firm and construction demo workspaces are open to everyone and show T&M and budgets on realistic data. Open the IT-services demo

04 FAQ

T&M tracking, asked and answered

Does “Time & Materials” here include tracking materials or expenses?

No — Timix.AI costs the time, not the materials. There's no expense, materials, receipt, or mileage tracking; T&M means hours × your customer rate. Materials and expenses live in your accounting tool.

Can I cap a T&M engagement so it doesn't run away?

Yes — set an hour-cap budget as your not-to-exceed, with a soft limit that warns, alert thresholds at the percentage you choose, and a hard limit that blocks further entries.

Does it generate the T&M invoice?

Yes — on Professional and up, Timix.AI turns approved T&M hours into a commercial invoice (line items at your bill rates, tax, branded PDF). You also get defensible Unbilled Time / Customer Billing exports (PDF/CSV) to bill from your accounting tool where local e-invoicing rules require it.

Can several people log to the same T&M engagement?

Yes — a whole team can log against one engagement, and each entry passes through Draft → Submitted → Approved (with reject-and-reason) so the record's clean before it's exported.

Ready when you are

Bill every T&M hour you earned.

90-day free trial on every new workspace — full access to everything, no credit card.