hourly billing

Hourly billing is a payment method where a service provider charges for their work based on the amount of time spent on a project or task. They record the hours worked, often with detailed invoices, and multiply those hours by their predetermined hourly rate. This approach provides transparency, allowing clients to see how their money is allocated for each period of work. It's commonly used in fields like law, consulting, and freelancing, ensuring that clients pay for the actual time and effort invested, rather than a flat fee.