Are you a freelancer, a student, or someone who just really likes to bill people by the hour? You might get some use out of Project Calculator, an OS X app that helps you keep track of how much time you put into each of your projects. It lets you run a timer or enter your hours manually, and then does all the calculation you need to send someone a bill. You can output your Project Calculator in a number of formats, including PDF, HTML and plain text, so your clients will never give you the old "I couldn't open the file" excuse.

We almost balked at the $20 pricetag for Project Calculator, but after trying it out, we realized that this app can save you a lot of time for the money. Keeping a spreadsheet from scratch is ok, but having everything set up for you and organized by customer and by client is a lot easier and less fiddly. Appropriately, Project Calculator frees up some time for you to actually work on projects.

If you were a large company that subsists on customers paying monthly or yearly subscription fees, what's the worst possible thing you could do? While a number of things come to mind, automatically billing customers for a year in advance by mistake has to come in at the top. Now, how about when you're a hosting company that has a reputation for being a little too casual, a little bit unprofessional?

Yikes.

Today is not a good day for DreamHost.

Last night a mistake was made that caused virtually every single DreamHost customer to be billed for a full year of hosting up until December 2008. This caused automated charges to be processed against these customer's credit card or other accounts from a few hundred dollars, to literally thousands of dollars. By their own admission, this was a $7.5M mistake. Seven and a half million dollars.

Calling that a mistake is an understatement. The right term starts with the word "cluster" and ends with something that's not printable here.

Given that DreamHost has a bit of a PR issue in that their cool and casual reputation is starting to look a little juvenile and irresponsible, how would you expect them to respond? Probably not with "Um, whoops," but that's exactly what they responded with.

Double Yikes.

DreamHost, it's time to grow up. The cool kid or class clown loses his charm when it becomes clear he's just a screwup.

FreshBooks rolled out their API yesterday, a little early it seems as they were outed by TechCrunch.

FreshBooks is an online tool that users can create, send and manage invoices, track time and accept payments with. This new API will allow developers and businesses to integrate the FreshBooks billing platform into a variety of services and solutions they may offer, allowing for a little streamlining to take place.

The FreshBooks API support materials include an update blog, scripts, samples and examples. There is also a forum to guide developers along the way in creating their timers, planners, and widgets.