NEW Project-based accounting v3.4 is here

Accounting that follows the work.

The books, billing, and time tracking built for AV pros, IT consultants, and business advisors who run on projects — not transactions.

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Dashboard
Invoices
Customers
Time
Projects
Reports
Payroll
Good morning, Sara
Revenue
$48,290
↑ 12.4%
Outstanding
$11,840
3 overdue
Billable hrs
142.5
↑ 8h
BC
Bridgewater Capital paid $8,400
Inv #2024-118 · just now
Timer running
Mercer & Hayes · 2:14:38
Trusted by 12,400+ independent firms
Westhaven Architects RIDGELINE Northbrook Consulting FORGE THEATRE Atlas Logistics MERCER & HAYES
One ledger, every angle

Every number tied to a project — not floating in a spreadsheet.

Folio replaces the patchwork: time tracker, invoicing tool, accounting software, and project-profitability spreadsheet, all in one place.

A dashboard tuned for project work

See live revenue, outstanding invoices, billable hours, and project margins on one screen. No more month-end spreadsheet rituals.

Invoicing that knows your work

Convert tracked time and project expenses into a clean invoice in two clicks. Branded templates, deposits, retainers, recurring schedules.

Time tracking with context

Start a timer from any project, or log time after the fact. Folio tags every minute to a client and a phase, so margin math is automatic.

P&L, balance sheet, cash flow — instant

Standard financials and the reports your accountant actually asks for, drillable to the line item. Export to CSV, PDF, or your CPA's email.

Project profitability, line by line

Budget vs. actuals, hours burned, expenses logged, and effective hourly rate per project — visible from the moment you open the file.

Payroll for you, contractors, and a small team

Pay yourself a sustainable owner draw. Run W-2s for one or twelve. 1099s generated automatically at year-end. Direct deposit in two days.

Invoicing

Invoices that close themselves.

Stop chasing payments in your inbox. Folio sends, follows up, and reconciles — so you can stay in the work.

  • Turn tracked time and expenses into a draft in one click
  • Customer portal with card, ACH, and wire
  • Polite, scheduled follow-ups that actually work
  • Auto-match payments to the right invoice and project
  • Late fees and partial payments handled correctly
Invoice

#2024-118

● Paid
Billed to
Bridgewater Capital Partners
88 Federal St, Boston MA
Project
Conference Room AV Refresh
Due Apr 18, 2026
AV system design & spec$1,800.00
On-site install (16h @ $145)$2,320.00
Equipment — Crestron switchers$3,840.00
Training session$440.00
Total$8,400.00
Made for the way you work

One tool, three trades that finally fit.

Folio was shaped with independent operators in audiovisual, IT, and business consulting — fields where every hour is billable but only some are billed.

Audiovisual

Track gear costs against quotes, bill labor at install and engineering rates, and keep deposits separate from earned revenue. Bond-level cleanliness for school district contracts.

Equipment pass-through Multi-rate labor Deposits

IT & managed services

Retainers, MSA hours, on-call billing, and per-seat licensing pass-through. Reconcile against your PSA — or use Folio as one.

Retainers SLA hours License resale

Business consulting

Fixed-fee engagements, project advances, T&E recovery, and engagement budgets that update in real time. Built for solo strategists and small firms.

Fixed-fee billing Expense recovery Engagement budgets
"I closed my last spreadsheet a week after switching. Folio handles deposits, install labor, and pass-through gear the way my accountant wishes every AV shop did."
MR
Marcus Reyes
Owner, Reyes Integrated AV · Chicago, IL
Plain pricing

Pay for what your business actually needs.

Annual billing saves 20%. Switch tiers any time. All plans include unlimited invoices and customers.

Solo

For independents

$18/month
  • Unlimited invoices & customers
  • Time tracking & projects
  • P&L, balance sheet, cash flow
  • Connect one bank + one card
  • Email support
Start free trial
Practice

For growing teams

$96/month
  • Everything in Studio
  • Up to 12 team members
  • Multi-entity bookkeeping
  • Advanced approvals & roles
  • Dedicated success manager
  • CPA collaboration tools
Talk to sales

The books, but quieter.

Thirty days free. No credit card. Import in an afternoon.

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