Few things upset employees more than paycheck problems. With the advent of computers, employees find it hard to understand discrepancies between the hours worked and the pay they receive.
Few things upset employees more than paycheck problems. With the advent of computers, employees find it hard to understand discrepancies between the hours worked and the pay they receive. Small businesses experience the most problems, and there is not a whole payroll department to whom the responsibility/blame can be shifted.
The math involved in timesheet calculation is not difficult but mistakes happen. A computer spreadsheet such as excel can do most of the work but the spreadsheet must be set up correctly. Unfortunately, for businesses with only a few employees it is often the boss or someone with multiple duties trying to handle the payroll.
As anyone who has ever worked with an excel spreadsheet can tell you, filling in the blanks is easy; it is the setup that is difficult. Moreover, a poorly formatted spreadsheet is worse than no spreadsheet at all. To avoid payroll gremlins, many small business owners and self-employed individuals use timesheet templates to ensure their payroll records are correct.
In addition to pay, use of a timesheet template also provides documentation of hours worked for workmen’s compensation reports, unemployment insurance qualification, and eligibility for health insurance. Furthermore, the clearer and more concise the payroll documentation at income tax time the better.
Employees also want to keep track of their timesheets and the pay they are due and can download the same templates to their own computers. Independent contractors find timesheet templates a convenient way to track the hours they have worked for each client or for a specific period.
The excel templates are available as free downloads so long as your computer is running a licensed version of Windows. Instructions are provided; once set up and launched, temporal distortions as well as wage confusion are a thing of the past.
12320 Tamarac Trl NE
Albuquerque NM 87111
ListFree.org: Embedded data.