Thank you for your response @Alessandra_B
I am not using my tracked time to invoice our jobs. I am only using the tracked time for the sake of figuring profitability on a job.
I am able to enter my time using the weekly time sheet, but in order for the values to show in my profitability report I have to actually run a "payroll". This is conflicting with the info that I already enter as a transaction from our third party payroll company. It is basically creating double payroll entries.