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Have you seen Standard Issue?

Timesheet Software,Time Tracking Software,Web Based Time sheet  

Job Costing Software: Product Features

Standard Time® contains job costing and time management features in a simple program. Invoicing, expense tracking, and time off tracking are a few of the other features available. You can cost-out a project before you even begin logging time.  This lets you present it to the client for approval and bidding.  After the project is won, you can see it in a special Project Revenue chart showing future estimated revenue.

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Video: Billing Rates and Costing
Budget Costing Video

Every job consists of tasks that may be billed at different rates. Our job costing software provides three flexible ways to calculate job costs. The first method uses categories, which may be assigned to tasks. This is the most flexible system because categories may be assigned to resources and groups. The second method uses rates assigned to resources. Whenever a resource uses the time tracking program to log time, the resource rate is used. The final method uses a simple project rate. Any time tracked against the project will use this rate.
Learn more about our job costing and project management software.

Actually, this application is perfect for consultants and small companies when billing time to clients. A client invoice may be generated from time and expense records, logged for clients. Web timesheet software lets you track time while you are working at client offices. Before running any invoice, you can lock down the date range so there is no possibility of adding more billable hours (that could be lost if the invoice already went out).  That little feature alone saves companies thousands of dollars in unbilled time that is "lost" in the mess.

So this is a job costing and project management software rolled into one.  The PM features are optional, but you may find them simple enough to try.  Once you like them, you can expand upon your foundation to really improve your jobs.  So, Invoicing and payments are just a few of the features available in the application.

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