![]() Explore some of the benefits and drawbacks of using a time-tracking spreadsheet for employee hours. ![]() A spreadsheet can serve as a short-term solution until your business is ready to implement something better. ![]() Is a Spreadsheet a Good Solution for Time Tracking and Payroll?Įvery company, regardless of its size or the industry in which it operates, needs a consistent way to track time. ![]() Other details that your company may want to track on the spreadsheet include: The sheet could also include space for breaks taken during the workday. A more detailed tracking sheet might have spaces for the time in and time out. These include any PTO, sick, or vacation hours used. If an employee took time off during a pay period, they might include certain things in the spreadsheet. The data tracked in a spreadsheet for payroll can vary, but the most common elements include: It’s typically built in Microsoft Excel, the most common software used for spreadsheet creation and management. What is a Time-Tracking Spreadsheet?Ī time-tracking spreadsheet uses cells to manage employee time and labor data. ![]() We’re also covering the pros and cons of this method, templates, and how to implement one. Explore the use of a time-tracking spreadsheet. But while tracking time is a must, the method used to manage hours can vary between businesses. The hours worked determine how much an employee gets paid and whether they follow the company attendance policy. Tracking employee time is an essential task for a business of any size. ![]()
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