At Freelancer Dashboard, we know how crucial accurate billing is for freelancers. That’s why we’re thrilled to introduce Customizable Decimal Precision, a powerful new feature designed to give you greater control over how you bill your clients. Whether you need precision for detailed calculations or simplicity for flat rates, this update ensures your invoices and financial records are tailored to your specific needs.
This new feature came to you after a request from user Elizabeth. Thanks for being part of the community and giving me this great idea!
Why Custom Decimal Precision Is a Game-Changer for Freelancers
Freelancers work with diverse billing methods—hourly, per word, flat fees, and more. Custom Decimal Precision improves how you present financial data to clients by:
- Boosting Professionalism: Display rates and totals exactly how you want, ensuring clarity and confidence in your billing.
- Improving Accuracy: Account for every cent, whether you’re billing for hours, words, or custom projects.
- Saving Time: Eliminate manual adjustments when creating invoices or reviewing assignments.
How It Improves Client Billing
Precise and Transparent Invoices: Tailor your invoices to show financial details with the level of precision that fits your work. Whether you prefer two decimals for simplicity or four decimals for exact calculations, this feature ensures your clients see exactly what they’re paying for.
Professional Presentation: Clear and accurate numbers help avoid confusion and build trust with clients. For example, displaying $125.50 instead of $125.5 shows attention to detail, while $0.0045 per word demonstrates the accuracy of your calculations.
Customized Views Across the Platform: The precision you select applies everywhere:
- Invoices: Clients see your exact billing preferences on every invoice.
- Assignments: Rates and totals are displayed consistently when managing work.
- Client Dashboards: Summaries and reports are presented in the format you choose.
How to Set Up Custom Decimal Precision
Updating your billing precision is simple:
- Go to your profile settings.
- Select the number of decimal places: 2, 3, or 4.
- Save your changes, and your preference will be applied across all invoices, assignments, and client dashboards.
How Freelancers Can Benefit
Hourly Workers: If you charge $50.125 per hour, displaying three decimal places ensures your invoices match your exact rate and time calculations.
Project-Based Freelancers: Keep things clean and professional by using two decimal places for flat fees, such as $300.00 for a completed project.
Writers and Detail-Oriented Freelancers: When billing per word or per item, use four decimal places to show precise calculations, such as $0.0045 per word, ensuring transparency in your billing.
Why Clients Will Love It
- Clearer Invoices: Clients see precise calculations, reducing questions and disputes.
- Greater Transparency: Accurate details demonstrate your professionalism and justify your rates.
- Stronger Relationships: When clients trust your billing process, it builds confidence and encourages repeat work.
Take Control of Your Billing Today
Custom Decimal Precision is designed to simplify and elevate how you bill your clients. Whether you’re streamlining flat-rate projects or handling intricate calculations, this feature ensures your billing is accurate, professional, and client-ready.
Log in to your account now, or get started for free, and set your preferred decimal precision. As always, we’d love to hear your feedback—drop us a message or join the conversation in our community forum. Let’s make freelance billing better, together!
