Join the waitlist

Effective Billing Rate CalculatorFees Collected per Hour

Is the practice earning what it should for the hours it spends?

Effective rate from fees collected and hours charged, compared with the standard rate.

  • Runs in your browser
  • Nothing stored or sent
  • Free, no sign-up
Your figures
Example figuresIllustrative only. Type over them with your own.
Effective rate per hour
$84
Fees collected per hour charged
Effective rate as share of standard rate
83.60%
Shortfall per hour against standard
$16
Drawn to one scale
Effective rate per hour$84
Shortfall per hour against standard$16
All results
MeasureResult
Effective rate per hour$84
Effective rate as share of standard rate83.60%
Shortfall per hour against standard$16
How this was worked out
Work shownrecomputed as you type
Effective rate = fees collected / hours charged
Share of standard = effective rate / standard rate

Illustrative arithmetic on the figures you enter. Check the result against your firm's methodology before relying on it.

The formulas

  • Effective rate = fees collected / hours charged
  • Share of standard = effective rate / standard rate

How it works

The effective rate is what you earn per hour after write-downs and write-offs. It is the figure to compare with your cost per hour.

Illustrative figures only. Check the result against your firm's methodology before relying on it.

Common questions

Billed or collected fees?

Use collected fees for earned rate. Use billed fees if you want the rate before write-offs.

Does it work for fixed-fee clients?

Yes. It shows what the fixed fee paid per hour you spent.

Formulas on this page are the standard definitions.

Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.

Related audit calculators

CalculatorBilling Rate from Cost Calculator: Loaded Cost, Margin and MultiplierLoaded cost per chargeable hour, the rate for a target margin and the multiplier on salary cost per hour.CalculatorFixed Fee vs Hourly Fee CalculatorHourly equivalent of a fixed fee, the fee at your hourly rate, the difference and the hours at which the two are equal.CalculatorTarget Hourly Rate Calculator: Standard Rate Needed for a Revenue GoalThe standard rate required to reach a revenue target from billable hours and expected realization.
For US CPA firms

Join the CORAA waitlist

CORAA AI drafts audit working papers from your client’s QuickBooks books and does the first pass: lead schedules, tie-out, memos, draft notes and letters. CORAA Network reviewers clear every finding. Your firm reviews and signs.

  • First audit free, so you can judge the quality on a real file
  • Flat fee by entity size; messy books included
  • We work only with CPA firms, never their clients
See how it works →

* required