Billable Time Rounding Policy Record

BLANK WORKSHEET
BILLABLE TIME POLICY [version]
Client / agreement / effective date: [details]
Eligible service categories / exclusions: [details]
Original time format / export version: [details]
Rounding direction / increment / unit: [details]
Grouping level / zero treatment: [details]
Separate minimum-charge terms, if agreed: [reference]
Actual minutes | transformed minutes | decimal hours | work reference
[rows]
Approver / approval evidence: [details]
Invoice line references / final preview check: [details]

FILLED EXAMPLE (fictional)
Fictional POLICY-T4: entries 7 and 8 minutes; compare upward 15-minute rounding. Per-entry 30; combined 15. Agreement review selects combined grouping for this example. Preserve export TIME-44 and approval before using 0.25 hours; no payroll rule is created.

BEFORE USE
Replace every bracketed field. Examples are illustrative. Confirm your agreement, local invoice requirements, and applicable tax treatment separately. This download does not send an invoice or update a billing record.

Source page: https://www.getinvoiceagent.com/templates/time-rounding-policy-record
Reviewed: 2026-10-02