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What is a Timesheet Calculator? |
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Up until recently, calculating your time card hours manually for all staff was quite time-consuming and was prone to human error. The best way to combat this was to invest in an online time sheet to get the job done faster. An online timesheet calculator is the most effective tool for your business when it comes to computing the time and attendance of all your staff. Knowing the terms for a timesheet is essential to ensuring the information you enter is accurate. While these can vary, generally all online timesheets will feature these terms:
Glossary of terms for online timesheet - Hourly pay rate: The rates your staff are paid hourly
- Overtime rate: Enter the amount your regular rate is multiplied by and the online timesheet calculator will compute your overtime hours for you.
- Days of the week your workweek starts on: Depending on your type of business, your day of the week that you commence work on may be different to the conventional method.
- Time entry format: Your choice of either military times or the 24-hour clock can be implemented in the online timesheet
- Block 1 column: Period before lunch break
- Block 2 column: Period after lunch, or appointment times
- Block 3 column: Period where you leave for an appointment
- HH:MM column: Calculates total hours and minutes for each day, then totals hours and minutes for the week
- Regular row: Regular hourly rate, regular total hours for the week and total regular wages
- Overtime row: Overtime hourly rate, overtime hours for the week, overtime wages
- Total row: Contains your total hours and wages for the week
As a TNA Lite timesheet is online, all the important information stored is easily accessible for you to view and use at any time. Simple to use and extremely efficient, an online timesheet is the best way to monitor your staff’s time and attendance. |
