If you answer Yes, you can:
Track time for yourself, employees, owners, partners, and vendors. For
entering time information, QuickBooks offers single activity forms or weekly
timesheets—you choose what works best for you.
Use the Stopwatch to time a current activity, such as when you answer a
phone call from a client.
Assign time to particular jobs and bill those hours back to the
Preview your employees' time information along with their paychecks when
you pay them. You can edit the hours to be paid; the original record of time
worked remains unchanged.
Pay nonemployees (owners, partners, and vendors) for time worked.
Create four customizable time reports to break down your company's time
spent by employee, by job, or by the type of work or services your company
View your list of customers with unbilled job-related hours in the Customer Center.
How QuickBooks changes when you track time: You'll see
a Time Tracking submenu on the Customers and Employees menus and four
time-related reports on the Jobs & Time submenu of the Reports menu.
If you answer No, you can always turn on time tracking
later by clicking Yes in this window.