Tracking time in QuickBooks can help you:
See how much time you spent on a project. This can help you calculate your costs and decide if you are charging
worked by employees. You can then create accurate paychecks
and bill customers for actual hours worked.
QuickBooks includes three tools for tracking time:
A Stopwatch that you can use to time an activity while
you' performing it.
Weekly timesheets or activity-by-activity timesheets where you
can enter time data manually.
The Timer—a separate program that can run on its
own without QuickBooks. When you use the Timer, you can:
Automatically track time spent on a task (you click the Start button when
you begin an activity and click the Stop button when you stop work).
Alternatively, you can enter the time worked after you have done the work.
Track time without running QuickBooks.
Give a copy of the Timer program to people whose work you want to track in
QuickBooks (for example, owners, partners, employees, or subcontractors).
For example, you can install a copy of the Timer on each staff
consultant's computer. This lets employees track their time at their desks
as they work. After activities have been timed or entered in the Timer, you can
transfer them to your QuickBooks company file. Then you can invoice clients for
the time or pay employees for their work.