That means that even honest employees tend to not notice exactly how late they were or how often they have been late. It’s human nature to exaggerate in one’s behalf. This can cost your company money in unnecessary wages. That means that if your employees are 5 or 10 minutes late, they will still earn wages for the time they were late. The Excel Timekeeping Spreadsheet tracks time to the closest 30-minute increment.
Problems can cost your company in extra wages, penalties, and disputes as you work out how to keep track of payroll.
Using an Excel employee time tracking spreadsheet is a definite step up from manual timecards! But the system isn’t error-free. Check that the employee’s overtime multiplier is accurate in cell D11.Verify that the employee’s hourly wages are accurate in cell D7.Check that all clock in and out times are accurate.An overnight shift of 11 pm to 5 am will cause issues as Excel timekeeping is not made to handle shifts covering more than a single calendar date. Make sure your time is recorded on the same calendar day.For example, if you started work at 8 am and are clocking out at 5 pm, make sure you haven’t input 5 am as your clock out time.
There are many benefits for employers to switch from a paper timecard to an Excel time tracking spreadsheet.
How to keep track of timesheets? We’ve got you covered with instructions for an employee timekeeping spreadsheet. If you’re wondering how to keep track of payroll, here is a good start. That’s why we created Swipeclock’s employee timekeeping spreadsheet instructions. You’ve got employees and need to track their time, but you don’t really want to pour any money into any timekeeping software. Updated DecemHow to keep track of payroll?