Are you a Canadian employer in search of an app to track employee hours? If so, many apps can help you track employee hours and pay your workers accordingly. One of these apps, QuickBooks Online, can sync with many other time-tracking apps for easy integration with your current systems. Luckily, QuickBooks makes it simple to set up employee time sheets and track their hours. This ensures you always pay them accurately while providing key details concerning your business’ productivity and efficiency.
The Benefits of Employee Time Tracking
Accurate and reliable employee data helps your organization operate more efficiently. As such, time-tracking apps make it convenient for you to create a record of employee hours. But what are the benefits of tracking employee hours? Employee time tracking helps you reduce errors when you create labour reports, providing clarity concerning your business’ financial health. Also, automated time tracking reduces unplanned overtime by keeping your workers on track with clear-cut deadlines for every task in their workflows.
Additionally, better employee data management leads to more effective project management. With all the information in front of you, you can easily tell the burn on your project, what to do next, and who’s available for certain tasks. Likewise, it can show you which tasks take up the bulk of workers’ time and reveal which employees are most efficient at certain tasks. Simply put, time tracking helps you better understand how things run so you can tweak your personnel assignments and processes to improve time management.
Why Track Employee Hours in QuickBooks?
QuickBooks provides an all-in-one time tracking solution and offers easy, accurate time tracking insight. Some of the highlights of QuickBooks’ time tracking solution include the abilities to:
- Track, submit, and approve employee time on the go.
- Monitor overtime and paid time off (PTO) with alerts.
- Get accurate workforce insights.
- See who’s working, where, and on what task.
- Create employee schedules through job categories and shifts.
- Streamline payroll functionality.
How to Track Time in QuickBooks
QuickBooks offers a time-tracking feature that lets your employees log the amount of time they spend on a task. For billable tasks, you can choose which client gets the bill. Your employees just need computers with an internet connection when using QuickBooks to track their time. You can give them time entry-only access that prevents them from accessing the rest of your information, and you can add as many users as you like without affecting the number and cost of your QuickBooks licences. To track employee time, take the following steps:
- Click the Employees option at the top menu and select Enter Time
- To create a weekly timesheet, click Use Weekly Timesheet.
- Choose an employee in the Name drop-down list.
- If you must bill the time, choose a customer and service item, and mark the time as billable.
- Choose a payroll item for the time.
- Enter the number of hours worked in the column for the day.
- Repeat the above steps to fill out the time sheet for the week.
- Click Save and then Close to save the timesheet.
Alternatively, you can activate the time tracking function in QuickBooks by using the gear icon and going to advanced accounts and settings. From there, click the pencil to the right of Time Tracking and use the Add Service and Add Customer fields to customize how your employees use the timesheets, and you can also easily convert these timesheets into bills for your customers. Once you finish, click Save and Done to return to QuickBooks.
As an employer or manager, you look for ways to optimize your workforce. QuickBooks Online offers an automated employee time tracking tool that helps you know your numbers with real-time labour reports. If you want better ways to automate your business processes, consider this option. The QuickBooks Self-Employed app helps freelancers, contractors, and sole proprietors track and manage their business on the go. Download the app.