Transform your daily workflows and Convert Hourly Invoice to Excel

Aug 6th, 2022
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Easy instructions on how to Convert Hourly Invoice to Excel

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How to Convert Hourly Invoice to Excel

4.8 out of 5
35 votes

Hi! In this tutorial well go over a way to track hours worked in Excel. Well also go over how to calculate pay in Excel for the hours worked. So, well start by labeling the headers that well need. Well need headings for Date, Start Time, End Time, Breaks, Total Hours, Pay Rate and Total Pay. Ok. So, now that we have our Headings, lets bold them and make sure that we can read them all. Now, the Date field, thats just going to be the day that you worked. So, Im going to do just a couple of days, because were just going to illustrate how this works. So, well do 1-8 and 1-9-2018. Now, the Start Time and End Time is just when you started working and when you finished working. So, Im highlighting those cells, right clicking, and, under Format Cells, I want to format them as Time. Now, I find it easier to read Start and End Times with a PM / AM designation at the end. So, these are great for that or ones with military time - which is the ones that start with the 13 in fro

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Heres a checklist of the information that you should include in an hourly invoice: Label as an invoice. Your name and contact information. Invoice number. Date of the invoice. Billing period. Client name and address. A breakdown of services rendered. Hourly rates.
Follow these steps: In A1, enter Time In. In B1, enter Time Out. In C1, enter Hours Worked. Select A2 and B2, and press [Ctrl]1 to open the Format Cells dialog box. On the Number tab, select Time from the Category list box, choose 1:30 PM from the Type list box, and click OK. Right-click C2, and select Format Cells.
First, determine the total number of hours worked by multiplying the hours per week by the number of weeks in a year (52). Next, divide this number from the annual salary. For example, if an employee has a salary of $50,000 and works 40 hours per week, the hourly rate is $50,000/2,080 (40 x 52) = $24.04.
Example DataDescription8000Amount of the loanFormulaDescriptionResult=RATE(A2*12, A3, A4)Monthly rate of the loan with the terms entered as arguments in A2:A4.1%=RATE(A2*12, A3, A4)*12Annual rate of the loan with the same terms.9.24%2 more rows
After some online research, I managed to get the right result by using the formula =TEXT(V5, [h])*100. V5 is the cell with the total hours worked, in [h]:mm format, and 100 is the hourly wage.
In Excel, times are stored as decimal values. Knowing this, you can simply subtract the start time (Clock In) from the end time (Clock Out) to find the time worked. (Note, we multiply by 24 to convert the decimal values into hours).
To create an invoice from an Excel template on a Windows PC, follow these steps: Open Microsoft Excel. Search for an Invoice Template. Choose Your Template. Open the Invoice Template. Customize the Invoice. Save the Invoice. Send the Invoice. Open Microsoft Excel.

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