What is meant by Time sheet?
The term "time sheet" refers to a document or digital record used to log employees' working hours. It is used to record hours worked, break times, overtime, and task-specific or project-related activities. Time sheets are an essential tool for time tracking, billing, and productivity assessment in many companies. They also serve as the basis for payroll and can be used for project monitoring and compliance with legal requirements.
Typical software functions in the area of "time sheet":
- Time Tracking: Digital recording of working hours, including start and end times, breaks, and overtime.
- Project Allocation: Ability to assign recorded hours to specific projects, tasks, or clients to maintain transparency of efforts.
- Automatic Calculations: Automatic calculation of overtime, allowances, or absences based on the recorded data.
- Approval Workflow: Function for supervisors or project managers to approve time sheets to validate the entered times.
- Integration with Payroll: Connection to payroll systems for automated transfer of working hours and salary calculations.
- Reporting: Creation of reports to analyze working hours, project workload, and employee productivity.
- Mobile Recording: Support for mobile devices to record and manage working hours from any location.
- Notifications and Reminders: Automated reminders for timely submission of time sheets and notifications of irregularities.
