The PandaWare Company (http://www.pandaware.com) has updated TimeCache — its time and expense billing app for Mac OS X 10.3.9 and higher — to version 8.0.15. The upgrade adds more customization options, fixes a problem with computer activity tracking in Mac OS X 10.7 (“Lion”), and fixes some other obscure bugs.

TimeCache offers support for timed or manual entries, retainer billing, customizable invoices and reports, printing options, and flexible data entry options. It also offers tracking of all a user’s computer activity, the ability to save fine-grained details with time and expense entries, can use Apple Address Book entries for client contact information, can produce charts of billable time and expenses, and can import from and export to iCal calendars.

Licenses for TimeCache are US$70 per user. Version 8.0.15 is a free update for registered users of version 8.x. Registered TimeCache 7 users can purchase an upgrade to version 8 for $40. A demo is available for download.