Time measures read every time entry, of every status — draft, submitted, approved, billed — because the module's own reports do, and these measures exist to agree with those reports.
- Total hours — all time logged in the period, regular and overtime together, as split on each entry.
- Billable hours — the portion of that time flagged billable. Utilization % is billable hours divided by total hours: of the time your people logged, how much can be charged to a client.
- Billable amount — the chargeable value of billable time: per entry, regular hours at the billing rate, plus overtime hours at the billing rate times your company's overtime multiplier.
- Unbilled WIP — a position: the billable amount of entries that are approved and not yet invoiced. Earned, agreed, and not yet asked for.
- Billed revenue — the revenue recognised on billed entries: regular hours at the billing rate, plus overtime at the billing rate times a flat 1.5. You will notice this differs from the billable amount's overtime treatment; that is deliberate — each figure reproduces the report it belongs to (the profitability report's revenue uses the flat 1.5), and where your company's multiplier is not 1.5 the two diverge on the overtime share by exactly that factor.
- Time cost — the cost of logged time: all hours at the cost rate, with no overtime multiplier on cost, again as the profitability report computes it.
- Project margin — billed revenue, less the cost of all logged time (not just the billed entries'): the honest version, in which unbilled effort still costs money.