Does Jira Do Invoicing?
Jira in its most basic form does not include any information on the costs of work, such as wages, overheads and other spendings. As such, despite its abilities to monitor time in Tempo timesheets, Jira is incapable of creating time budgets based on hours tracked by individual users.
As a result, Jira is incapable of invoicing even in its simplest form.
Can I Create a Billing Report in Jira?
No; whether you just want to see the number of billable hours or their costs, Jira invoicing can’t help you do that.
In Jira invoicing, you can only limit the information visible in a report by going to the Report view of a Project timesheet -> Export, Printable.
Can I Manage All the Project Invoices There?
Jira won’t help you in that case, either; its basic version does not include invoice management. According to the Atlassian sources, add-ons are recommended for such features.
Can I Use Atlassian Tools to Monitor Overheads in the Project?
While Jira may be helpful for monitoring the tasks in the projects and helping employees log their time, it does not have a dedicated option for monitoring overheads, such as costs of media, software or office space. The tool also cannot include overheads as a part of the price of billable hours.
To make matters even worse, it also can’t help you monitor wages. Therefore, if you are looking for a billing and invoicing software, you may want to look elsewhere.
Is Jira Invoice Management Possible?
No – even after creating the Jira invoice in add-ons and other tools you cannot manage the invoices and billing exclusively in Jira. However, the additional software of your choice should have such an option. If it doesn’t, consider changing it to a different one.
How to Use Jira for Invoicing and More?
As you can see from the list of questions we answered for you above, Jira invoicing is a nearly nonexistent feature. Therefore, it cannot be used for project accounting or any other finance-related operations.
However, since many service-based companies need to monitor their budgets on a daily basis, Jira has joined forces with numerous add-ons and tools capable of expanding its possibilities and creating a more comprehensive view of a company’s finances.
BigTime Foresight is one of such tools!
BigTime Foresight – Your Key to Managing Invoicing Data
If you already track your employees’ time in other tools, BigTime services can help you convert their data into invoices, reports, and more.
In BigTime Foresight, you can comprehensively overview the invoicing process based on the information from Jira and Jira Cloud, as well as other tools, including Quickbooks. In the tool, you can:
- Set an individual hourly or monthly wage for both employees and contractors.
- Allow your team members to log their time freely in Jira and import it to BigTime
- Monitor the project progress in a sprint or a chosen period of time in our apps, with detailed overview of all the billable and non-billable data.
- See how the billable hours translate into the costs and incomes.
- Generate and export invoices, send them to the clients and overview their payments,
Project performance view in BigTime Foresight
Sounds good?
Apart from the Jira invoices, BigTime also has a few other features that may interest you – and they cover more than just billing your clients!
In the system you can also plan resources and their time offs, find the right people for every assignment, assign new roles to users, monitor clients, improve every key process and keep an eye on all the finances with advanced report – all based on the data imported automatically from Jira and other apps thanks to seamless integration.
What is more, BigTime Foresight can also be integrated with Quickbooks, allowing you to create a complete environment for managing every little bit of your company’s money.
Sounds too good to be true? Do not believe us, then – just test BigTime Foresight right now or book a demo to see its features live.
