Whatever line of business you are in, keeping track of your time is not only important, but imperative. If you are looking for a way to accurately record time, our monthly timesheet template is ideal for you.
Excel templates, such as the monthly timesheet template, can be formatted for both Windows and Mac computers and can be implemented into any type of work. This template allows you to organize time spent on various project and/or clients. Timesheets can be used to verify payroll each month and help reconcile payments to corresponding time entered. This particular timesheet allows you to account for lunch breaks taken as well.
Monthly Timesheet Template: Ease of Use
Templates are standardized computer files that can be downloaded and tailored to your exact needs. They are much simpler to use than software or web-based programs. A great feature of this template offered is the ability to organize your time with the capability of utilizing arithmetic operations to ensure correct calculation of time.
Templates are straightforward, easy to understand, easy to operate and easy to educate others on how to use them. They are a great way to record your time all in one convenient place and make your payday run smoothly. Templates are designed to be saved and used year after year.
Who can benefit from the template?
Anyone who needs to track the time spent on the job or on specific tasks will benefit from the template. Employers looking for an uncomplicated, free way to track not only their time but the time of their employees as well would benefit greatly from this template.
Easier Ways to Track Your Weekly Time Sheet
An interactive spreadsheet offers many advantages to those in search of the best ways to track and maintain a weekly time sheet.
Being able to see important information at a glance will ensure that managers and project leaders, as well as hourly employees, are able to manage payroll and track the efforts of their staff more effectively. Spreadsheets can offer a simple easy to use interface that is far more dynamic than other methods of keeping track of hourly and weekly times.
The greater versatility that the right templates have to offer can allow for more effective organization on wither an individual, department or company-wide level. Spreadsheets allow workers to keep track of their hours more easily and provide management with the overview they need to ensure organizational efforts as successful as possible. Superior templates can offer a wide range of advantage for your business or company.
Finding the Right Template for Your Payroll and Weekly Time Sheet Needs
Using a ready-made template allows you to get started right away. Workers will be able to learn to use a template to log and track their hours in less time and with greater results, allowing you to overhaul the payroll, accounting and time management process that your company makes use of.
Providing the best resources to your staff and employees will ensure that your business is able to enjoy superior results when it comes to both time management and payroll related issues.
The limitations that may be found through use of more conventional payroll and hourly work logs can be considerable, revising your process to make use of the best tools and resources will provide many benefits for your staff, management team as well as anyone else who may be concerned with the efficiency an organization of your business.
Time Sheet Functionality
Use this template to document the weekly work hours of employees. The heading easily identifies the employee by name and department. It also captures the starting day of the payroll week for easy filing and accurate processing. The next section provides a self-explanatory means of inputting hours worked for each day of the week.
It takes into account lunch for companies who provide unpaid lunch breaks. The last two columns sum up the daily and weekly hours worked by the employee. The final section displays the sum total of hours for the week and breaks down the regular hours and overtime hours. The time sheet provides documentation of worked hours for quick and accurate payroll processing.
Time Tracking Increases Productivity
Time tracking is an approach to preserve and maintain productivity amongst employees. It increases employees’ morale when they know they will be paid on time and for the correct amount. Tracking time weekly via a time sheet expedites the payroll process. No one is having to remember what happened two weeks prior.
This enables small business owners, running their own payroll, to have more time to focus on the customer. High employee morale and customer focus increases productivity. A productive team results in a productive business.
Time Tracking and the Independent Contractor
If a contract worker or company is providing worked based on a purchased amount of time, a time tracking tool is a means to ensure you are getting your money’s worth. Don’t be afraid to use the template to request the hours worked on a project be submitted with the completed work.
You can compare templates of various contract employees to make contract renewal decisions based upon efficient use of time. The efficiency and productivity of independent contractors are just as important as your employees.