Adding Time Entries
Track your billable hours on each appraisal case.
You finish an inspection at 4 PM, write notes for 90 minutes that evening, take a call with the carrier the next morning, and three weeks later you sit down to bill the file. If you have to reconstruct that timeline from memory, you will undercount by 20 to 40 percent every single time. That is real money walking out the door, every file, every month.
Logging time as you go fixes that. It also gives you a defensible record if a TPA or carrier ever questions a line on your invoice. "I spent 3 hours" sounds like a guess. A dated entry that says "11/14 - Inspection - 3.15 hrs" is documentation.
Solo appraisers benefit most because there is no one else watching the clock. Firms with assistants benefit because the appraiser and the VA can both log against the same file without stepping on each other.
Adding a Time Entry
Go to Financials Tab
Open the appraisal and click the "Financials" tab.
Click "Add Entry"
Find the add button in the time entries section.
Select Activity Type
Choose from your activity library (e.g., "Inspection", "Report Writing").
Enter Hours
Enter the time spent in hours (0.05 increments).
Add Date
Select the date the work was performed.
Save
Click "Add" to save the entry.
Time Increments
Exporting Time Entries
You can export all time entries for an appraisal to an Excel spreadsheet. From the Manage Time tab, click the Export button. The spreadsheet includes hours, activity types, rates, miles, expenses, and totals — useful for accounting reconciliation and record keeping.