Monday, June 3, 2013

Monitoring Employees Using Quickbooks Timesheet

By Ladonna Chambers


Management of employees is an essential thing for any organization or business to undertake. With the necessary tools and manpower, details concerning all the workers whether permanent or casual can easily be drafted into a single schedule. In this perspective, most business owners are using quickbooks timesheet for this undertaking. This approach has the ability to draw paychecks for them in accordance to the amount of time each one has contributed.

This program is of high utility to those business organizations which engage themselves in professional work such as accounting, finance, auditing and law. The supervisory team ends up having a smooth run in ensuring that the necessary details concerning time input for each worker either on a weekly or monthly basis are up to date and well managed. This becomes easier in determining the amount of money to pay them as salaries since these wages are calculated on a timely factor.

With the latest version of quick books installed, the procedure of establishing a timesheet is simple. This will depend on whether it is weekly or monthly sheet. These two fall under the first step. One needs to open the page and click on the menu bar to select the desired time frame. Most people prefer the weekly one since it has less days for management of output.

Once selection has been done to open the weekly sheet window, identification is initiated using the name box. This entails recording the name of this individual, duties or services offered whether a supplier, customer or employee and the time duration for each particular day in that given week. The desired service therefore dictates the billing aspect of time.

With these billing numbers in place, an inclusion of the job done and service items come in handy. These ones are transferred to the billable column of an entire sheet. Time spent is the next item in this process. An inclusion has to be done for compensation codes which aid greatly in determining the amount of cash to issue to each one of them.

Clicking on the day column and entering the start and stop times for each staff is the next stage in line. The person in charge just enters the initial and final readings of time. The program later on calculates the amount of time in hours per each person on its own. The most important thing to remember is for one to feed in the readings as per the settings in the general preference.

This is a clear example for entering data for a given day. The whole process is repeated for each day and employee within the organization. It is important to note that this process must be done for every member of staff since the program has not been upgraded to the level of copying the given time frame.

It ends with the analyst saving the entered data and closing the program. Quickbooks timesheet does not support calculation of overtime in any case. This requires the person in charge to do so physically on each payroll. This is the only negative side of this application.




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