Timesheet Calculator
Our Timesheet Calculator will allow you to input the details of each employee into a timesheet including both the start times and finish times, along with this you are able to enter the times in which employees aren't paid such as lunchtimes or any appointments they may have.
Each day slot has space for you to enter the start and finishes times, and the lunch breaks.
There are overtime options available if the total amount of hours is more than the set basic amount of hours. The overtime rate is calculated against the basic rate which can both be adjusted to suit your needs.
Any time sheets, attendance records, or disciplinary details are usually recorded by a Human Resources Staff member although the Human Resource function could be combined with some other disciplines in smaller or more flexible operations.
Timesheets Introductions
In order to easily manage the amount of time that you spend working, a timesheet is a simple system that can be used to track both the total length of time you have worked along with the income you have made from it. They are typically used for auditing reasons, and if attendance is an issue human resources will have access to them. Nowadays most businesses have an automated electronic system in order to track these things instead of filling up filing cabinets with paper copies of time sheets. Most business managers will have a timesheet as a part of their files in order to make sure that tasks are being taken care of effectively and within a set timeframe.
Why Use a Timesheet?
There are a variety of benefits to introducing a timesheet system, such as:
- Accounting Purposes: By using a timesheet system you are able to provide an audit with accurate information on how many hours you have worked, which is an important part of being a contractor. If HMRC decide to audit you, then they expect your timesheet system to have up to date records.
- Milestone Tracking: As a business manager it is important to make sure that projects are taken and completed in an acceptable amount of time. If a job is taking too long, then a manager can refer to the timesheet in order to find out why it may be taking so long.
- Staff Output: If there are multiple staff being managed, and they are completing similar tasks, then using a timesheet will help find out which tasks have been completed and how long it took to complete them.
- Payroll: When it comes to paying employees it is important that the amount they are paid hourly is accurate along with the hours that they have worked, including overtime activity. A timesheet system helps keep track of all these things, making an effective payroll system.