The iOS versions seem to have most of the same features as the desktop app. One-touch reports would be one of them, which allow users to get instant access to project tasks, time spent working on them, and expenses, along with a way to compare to last month’s reports. There’s also a way for freelancers to track their hours and even see how their pay measures against a fixed-cost estimate.
The apps also feature team reporting, which offers cross-team reports on who did what (and when they did that what) through the ability to sync between iPads, iPhones, Macs and PCs. No matter where you plug in info, it shows up across all devices. The app also lets users export anything to Excel or Numbers.
The iPhone and iPad apps will go for $7.99 in the App Store, with the desktop apps retailing for $47. No monthly subscription required.
source: http://techcrunch.com/2011/08/25/officetime-expense-tracking-software-expands-to-ios-with-iphone-ipad-apps/