Do you want to create a document to keep a precise record of the number of hours your employees worked each day in their working hours! The recommendation is to utilize a timesheet template which you can easily find below the content. A timesheet is simply a document or a spreadsheet, which aims to indicate the number of hours an employee has performed his or her particular job. It may be created on a weekly, bi-weekly, or monthly basis either for each employee separately, or for all employees together. It is commonly used by the human resource department of a company or organization or accounts payable department in order to calculate employees’ paychecks.
More briefly, a timesheet is a method for tracking the total amount of an employee or worker’s time spent on each job. It is a rectangular sheet of paper along with the data arranged in tabular form, but nowadays, it is formatted as a digital document or spreadsheet. Apart from determining an employee’s payroll, such type of sheet can also be used for management accounting. It aims to record the beginning and ending date and time of tasks and duration as well. It is also specifically used to determine a brief breakdown of tasks accomplished over a project or business program.
Moreover, the information gathered by the timesheet is frequently used for employees’ payrolls, customer billing, project cost estimation tracking, and management. Meanwhile, in project management, it is used to compare estimated or budgeted costs versus actual costs of a project or work. Creating such a sheet is not so difficult task, especially when you have a handy timesheet template with you throughout the whole process. In this regard, feel free to use our timesheet templates available below to download.