Streamlining your business with time tracking in QuickBooks Online can be a game-changer. QuickBooks Online allows you to track time spent on projects and clients with just a few clicks.
You can track time spent on tasks, including billable and non-billable hours, to get a clear picture of your business's productivity. This helps you identify areas where you can improve efficiency and make data-driven decisions.
With QuickBooks Online, you can also set up a timer to track time spent on tasks, eliminating the need for manual entry. This feature is especially useful for tasks that require a lot of time, such as project development or client meetings.
By tracking time spent on tasks, you can generate accurate invoices and improve cash flow.
How to Enable
To enable time tracking in QuickBooks Online, you'll first need to have a TimeCamp account, which offers a 14-day free trial. You'll also need administrator privileges on the QuickBooks time app.
To get started, register for a TimeCamp account here, and then access the QuickBooks time app. Alternatively, you can also enable time tracking through the QuickBooks time app.
To turn on time tracking in QuickBooks Online, go to the Time menu and select Get Started. Then, adjust your time tracking preferences by going to Settings and selecting Account and settings.
Here are the steps to adjust your time tracking preferences:
- Go to Settings ⚙ and select Account and settings.
- Select the Time tab.
- In the section you want to make updates in, select Edit ✏.
- Set your time tracking preferences:
- Select Save, then Done.
Once you've enabled time tracking, you can access timesheets from QuickBooks Online. You can also choose to track time against other options like Billable Items, Service Items, or Classes.
Setting Up Time Tracking
To set up time tracking in QuickBooks Online, you'll need to decide how your team will enter their timesheets and which customers or jobs each timesheet corresponds to. This will help you run reports, approve time for payroll, and know how to invoice clients according to their billing rate.
You can track time worked by your employees and contractors, and assign a particular activity to a project or customer. You can also choose whether to bill your customers for the activity.
To track time, employees will need to enter their timesheets from any computer with an Internet connection. You can give them "time entry" only access to secure your privacy, and also choose whether or not to restrict them from seeing their billing rate.
You can specify the rates you want to use for billing, and whether or not the time is billable. Time detail will automatically appear on customer invoices, including the employee's name, the number of hours billed, and the hourly rate charged.
Here are the details that will appear on the invoice:
- The employee's name
- The number of hours billed
- The hourly rate charged
- Text from the Description field on the time sheet
- The name of the standard service used
- Custom text that you specify for time tracking charges
Note that the Time Tracking feature is not available in QuickBooks Online Simple Start or QuickBooks Essentials, and you'll need to upgrade to QuickBooks Online Plus to use it. This will increase your monthly subscription rate, but you'll get unlimited users for Time Tracking, which won't count toward the number of users or the price of the subscription.
Managing Time Tracking
Managing time tracking in QuickBooks Online is a breeze. You can add and manage your workers' time from the Time tab.
To get started, simply enable time tracking and use the Schedule feature to keep your team up to date with their shifts and remind them to clock in. Time Entries is a time-tracking feature that allows timesheets to be added, edited, or deleted from your desk or the mobile app.
You can also use the Manual Time Card to enter the total hours served in a day. To do this, select the Manual Time Card tab under Time Entries, decide on a date range, and choose (no job) or (no customer) from the list if you track time against a job or customer.
Here are the steps to use the Manual Time Card:
- Select the Manual Time Card tab under Time Entries.
- Decide on a date range.
- Choose (no job) or (no customer) from the list if you track time against a job or customer.
- Enter the number of hours worked and any notes for that day.
- Choose Save before moving on to a new week.
Transparency and Management
Transparency and management are key to making the most of time tracking. With QuickBooks time tracking integration, you can increase productivity and efficiency by gaining significant insights into how your team spends their time.
Time spent by different clients on projects can be easily tracked, allowing you to make better business decisions. By utilizing time better and enhancing project management, you can streamline your workflow and reduce costs.
Productivity and efficiency can be increased with the help of QuickBooks time tracking integration. This is achieved by providing significant insights into how your team spends their time.
By implementing time tracking in your daily work routine, you can identify and eradicate bottlenecks that may be costing you time and money. This can save you cost and time.
Effective scheduling is a crucial aspect of time management. QuickBooks time tracker can be used to identify and eradicate bottlenecks, saving you cost and time.
Time tracking apps can benefit project management and employee time tracking. QuickBooks time tracker can be used to identify and eradicate bottlenecks, saving you cost and time.
The Time Tracking feature in QuickBooks Online allows you to easily track and bill customers for your time. You can track time worked by your employees and contractors, and assign a particular activity to a project or customer.
Based on the rates you specify, and whether or not the time is billable, time detail will automatically appear on customer invoices. The amount of detail included on the invoice is up to you.
Here are the details that can be included on the invoice:
- The employee's name.
- The number of hours billed.
- The hourly rate charged.
- Text from the Description field on the time sheet.
- The name of the standard service you are using.
- Custom text that you specify for time tracking charges.
Weekly
Weekly timesheets are a great way to track your time, and QuickBooks Online makes it easy to manage them. You can fill in a timesheet by going to the Employees menu, clicking Enter Time, and then clicking Use Weekly Timesheet.
To start, you'll need to enter the name of the person who performed the work and press Tab. If there's already existing time data for that person for the week, it will be displayed on the screen, and you can edit the entries.
You can change the date range of the week displayed if necessary. This is a useful feature if you need to adjust the time period for which you're tracking hours.
To complete the timesheet, you'll need to enter the Customer: Job and Service Item. You can also change the Payroll Item if required.
Here are the steps to fill in a weekly timesheet in QuickBooks Online:
- Go to the Employees menu
- Click Enter Time
- Click Use Weekly Timesheet
- Enter the name of the person who performed the work and press Tab
- Enter the Customer: Job and Service Item
- Change the Payroll Item if required
User Management
User management is a crucial aspect of time tracking in QuickBooks Online. You can invite team members as time tracking users to your account.
To add a time tracking user, go to Settings and select Manage users, then select Add user, and choose Time tracking only. You can't change the user type of a Time Tracking Only user, so be sure to make the right choice from the start.
If a Time tracker needs a different company access, you'll need to delete the user and add them back again with the new user type. This is a bit of a hassle, but it's the only way to make the change.
You can set up different types of users for QuickBooks Online Essentials and QuickBooks Online Plus. To do this, click the Gear icon and select Manage Users.
You must be a Master Administrator or a Company Administrator to add, delete, or change users for Time Tracking. This ensures that only authorized personnel can make changes to user access.
Here are the steps to add a new user:
- Go to Settings and select Manage users.
- Select Add user.
- Select Time tracking only.
- Find the employee or vendor you want to add, select Next, then enter their contact info.
- Select Save.
Payroll and Overtime
To set up overtime tracking in QuickBooks Time, go to Company Settings and click on Overtime under Payroll & Overtime. You can also use the Pay Rate Engine for more complex overtime settings.
Make sure to set up your employee's earnings items correctly in their record if they earn overtime, so the overtime rate is calculated correctly. You can configure overtime tracking by going to Company Settings, clicking Overtime under Payroll & Overtime, making your choices, and clicking Save.
To configure pay intervals, go to Company Settings in QuickBooks Time, choose Pay Period under Payroll & Overtime, and select your Pay Period Schedule. You can also run reports by pay period, calculate pay period trials, and export timesheets to your payroll software.
Easy Payroll
To set up easy payroll, you need to configure your pay periods correctly. This involves setting up pay periods and overtime settings in QuickBooks Time, ensuring that the data entered is congruent with what's present in QuickBooks Online.
To run reports by pay period, you'll need to have a pay schedule that matches your payroll dates. This will allow you to calculate pay period trials and export timesheets to your payroll software.
In QuickBooks Time, you can set up time off accruals by pay period, making it easier to manage employee time off. You can also configure pay intervals by going to Company Settings in QuickBooks Time, choosing Pay Period under Payroll & Overtime, and selecting your pay period schedule.
Here are some key features to consider when setting up easy payroll:
Overtime
To set up overtime tracking in your company, head to Company Settings in QuickBooks Time. This is where you can find the basic overtime settings, but if you need more custom options, you can use the Pay Rate Engine.
Make sure your employees' earnings items are set up correctly in their employee records, otherwise the overtime rate might not be calculated correctly. This is a crucial step to ensure accurate overtime payments.
To configure overtime tracking, follow these steps: Go to Company Settings in QuickBooks Time, click on Overtime under Payroll & Overtime, make your choices, and then click Save. If you need more complex overtime settings, choose Use Pay Rate Engine.
Here's a summary of the steps to configure overtime tracking:
- Go to Company Settings in QuickBooks Time.
- Click on Overtime under Payroll & Overtime.
- Make your choices, then click Save.
- Choose Use Pay Rate Engine for more complex overtime settings.
Set Up Pay Period and Overtime Settings
To set up pay period and overtime settings, you'll want to head to Company Settings in QuickBooks Time. You can find this by going to Company Settings in QuickBooks Time and then clicking on Payroll & Overtime.
Make sure the data you enter in QuickBooks Time is congruent with what's present in QuickBooks Online. This means you need to set up your pay period and overtime settings correctly to avoid any discrepancies.
You can configure overtime tracking by going to Company Settings in QuickBooks Time, clicking on Payroll & Overtime, making your choices, and then clicking Save. If you need more specific overtime regulations, you can choose to use the Pay Rate Engine.
To ensure your employee's overtime rate is calculated correctly, make sure their earnings items are set up correctly in their employee record. This will prevent any errors in overtime calculations.
Here's a step-by-step guide to configuring pay periods and overtime settings:
- Go to Company Settings in QuickBooks Time.
- Choose Pay Period under Payroll & Overtime.
- Choose your Pay Period Schedule, then click Save.
By following these steps, you'll be able to set up pay period and overtime settings that work for your business.
Sources
- https://quickbooks.intuit.com/learn-support/en-us/help-article/time-tracking/turn-set-time-tracking-quickbooks-online/L6RFDI0xh_US_en_US
- https://www.goldenappleagencyinc.com/blog/how-to-do-time-tracking-in-quickbooks-online
- https://www.timecamp.com/integrations/quickbooks-time-tracking/
- https://www.stepbystepquickbookstutorial.com/setting-up-and-managing-timesheets-in-quickbooks.html
- https://www.dancingnumbers.com/set-up-quickbooks-time-quickbooks-online/
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