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Need a Timesheet template?
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Download and customize this Excel timesheet template for your personal or company use. This time sheet lets you specify a different pay rate for overtime and regular hours. You will probably need to customize the template for your specific payroll practices, but this should at least give you a good head start.
Timesheet – more Timesheets will be available soon
Timesheet – why to use it?
Employee timesheet can lower costs in 3 ways: by making payroll
Time tracking can increase revenue through automating billing, which tends to make it easier for a company to get correct invoices out for all hours worked by consulting staff. This speeds up payment and eliminates the hassles of ‘dropping’ bills.
By lowering costs in 3 ways, and increasing revenue in one way, timesheet management technologies that are web-based can improve the health of companies.
In the project management world, timesheets can also be used to build a body of knowledge about how much effort tasks take to develop. For example if developing a training plan has historically taken a month, then it can be assumed that creating a new one will take a month. Also most timesheet software has the ability to track resource costs and project expenses to allow for better future budgeting.
Using a timesheet calculator for accurate calculations
A timesheet calculator is a simple software that is used for keeping a record of ‘work time’ of an employee. Once you have entered the required information, you will get a detailed analysis of the time spent by the worker doing a certain task or a specific project. There is no rocket science involved in using a timesheet calculator and you can easily learn how to use it within a few minutes.