Here Are Your Articles for Monday, January 29, 2018
Is this email not displaying correctly?
View it in your browser .
Home About Us Industries We Serve Contact Us
Share Save

Is This Your Situation: Tracking Employee Time


If your company pays employees an hourly wage, then you know the importance of tracking their time. Even companies that pay salaries rather than hourly wages need to track vacation, sick and personal time. The following five ways to track employee time can be used in any size firm.

  1. Sign-in, sign-out sheets: While this may seem old-fashioned, for a very small business it's an easy way to track time without installing costly software. Create a simple sign-in, sign-out sheet for your company. You can print it and keep it on a clipboard at the front desk or use a shared spreadsheet online.
  2. Virtual time clocks: Old-fashioned punch card time clocks can still be found at some businesses, but for many, a virtual time clock suffices. These shared time clocks are installed on your network server and allow employees to "punch in/out" using a click of the mouse instead of a punch card.
  3. Use a project management system: Firms that have multiple projects moving through the business may wish to track employee time spent on each account. In that case, a shared project management system can help keep track of tasks and time spent on each task easily and efficiently.
  4. Specialized time-tracking systems: There are inexpensive software packages available that enable employees to log and track hours by tasks. These systems can often be customized to reflect tasks specific to your industry or firm. Routine tasks can be listed on a drop-down menu for easy selection.
  5. Accounting programs: Some accounting programs have add-on packages to track time as well as billing. This may come in handy for firms that bill by the hour, since you track not only employee time but billable client time, too. Check with your software provider to see whether there is any way to enhance your current accounting program with time-tracking abilities.

Simplified Time Tracking

If all you need to do is track sick days, personal time and vacation time, then create a spreadsheet listing employees, available time, time taken and dates taken. Set up a system in your office for recording this time. If it's just you managing everyone, make it a habit to log into the spreadsheet and update it every day at noon so you can keep track of everyone's time off. 



Share Save

Your Comments

Kim & Lee
Kim & Lee, LLP
2305 W. 190th St. Suite 100
Torrance, CA 90504
Saved Articles
Comments and Feedback
Refer A Friend
Your Privacy
Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
Powered by
Copyright © IndustryNewsletters All rights reserved.

This email was sent to:

Mailing address: 2305 W. 190th Street, Torrance, CA 90504