TimeCache 7.0 Review

As a small business director or freelance consultant it’s important to pay close attention to your finances. Tracking your time and spending accurately is essential for proper invoicing, not to mention your tax return at the end of the financial year. We’ve reviewed many time-based invoicing tools for Mac OS X and few are as comprehensive or configurable as TimeCache.

Once set up, TimeCache can be used daily to input new jobs, track the time they take to complete and calculate what you’re owed. The main workspace is a Daily Log window, where you input new expenses along with your day’s activities. This data is totted up in a Job Sheet, which tracks progress on a project as you go along. The data processed is split into three areas: Clients, Projects, and Billing. These must be filled in before you can begin adding jobs to your Daily Log.

The software’s preferences section is worth
a mention. Almost every aspect of the application
is configurable, from billing units to custom fields.
In fact, it would be wise to work your way through the bundled tutorial document, which takes you through the set-up process, before you start.

This complexity comes with caveats. TimeCache is a tool that requires time and attention. You’ll need to enter client and billing data, project information and mark-up costs.

There are many sections to navigate through and tweak before you can begin to enter job data. And, as it’s your finances you’re dealing with, it’s essential that you get it right. There are no wizards or helpers to get you going, and the fact that one window looks pretty much like another is no help for beginners.

OUR VERDICT

TimeCache is a powerful tool with a clear, consistent workflow. It’s exactly the kind of robust software you need to look after your finances. However, you may want to try before you buy, as its complexity could put some people off.

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