Wednesday, June 5, 2013

Guidelines For Using Quickbooks Timesheet

By Ladonna Chambers


Keeping an up to date schedule for all the employees in any given organization has turned out to be the worst nightmare for managers and business owners. This is evident for those companies whose workers are paid on timely basis depending on their input as far as time factor is concerned. With the use of quickbooks timesheet, this has turned out to be a smooth run. It becomes easier even to draw up checks for their pay with ease.

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.

The entire process of coming up with the necessary figures is easy as long as an updated software is in place. The time sheets are processed on a week or monthly time frame. These two incorporate the initial procedure of this entire process. Under this step, one needs to click on the menu application and choose a suitable duration which in most cases is the weekly one.

Release the new window by clicking on the week sheet. This prompts the user to identify the name box where individual names per worker are recorded. Included here are the services offered, the start and finish time for offering these services in a given day for the entire week. This is where billing is done.

Billing of the number of hours under each employee is done in this stage. Selection is done on work and service item which are later transferred to the billable column. The next item on this schedule is the assortment of payroll items as per the amount of hours contributed for each day per individual during the entire week. There is room for inclusion of a compensation code and class for each of them.

The next vital step is to click on the day column and enter the amount of hours completed for each employee right from Monday to Friday or Saturday depending on the work structure of an organization. The best process is to enter both the start and final time an employee carried out the designated task. The application will thereafter calculate the amount of time spent by this individual. It is good to enter a time format that is recognizable as per the general preference settings of this program.

This is a clear definition for entering in the workload for one person. The above mentioned steps are repeated until all the data for employees is fed onto the program for each working day in this organization. This data has to be fed in for each one of them since this tool does not support copying of statistics.

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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