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    2 Replies Latest reply on Jan 27, 2010 2:28 PM by Timesheet

    Heads Up On Estimated Payroll

    Timesheet Wayfarer
      Monitoring estimated payroll throughout the pay period is
      important to many small business owners. Seeing that your employees are
      working the hours required to get the job done is essential for peace
      of mind, but there are several other situations in which employers must
      closely monitor accumulated hours.
      Overtime is Expensive. Many employers don’t want
      their employees to enter overtime. By monitoring the timecards in
      real-time you will see when they start approaching 40 hours. If they
      hit it before the week is up, you can give them the next day off to
      save paying them time and a half.


      Productivity Analysis. Many employees work on
      various projects throughout the day. By keeping track of all these
      different projects daily or even hourly, a boss can decide if his
      employees are using their time wisely.

      Tight Budget: A third occasion arises when the
      business budget is tight. It just might not be feasible to pay the crew
      for a heavy week. This kind of thing happens frequently in the
      construction industry where they routinely do thousands of dollars
      worth of work weeks or months before getting paid for it. The
      construction company has to pay for the equipment, material, and the
      labor long before they see a check from the general contractor. If the
      crew is in the Union, payroll can cost more than all the materials put
      together, so the boss has to be really careful about how many hours his
      guys work. Without online time tracking, he has little more than a
      vague idea as to how many hours they have worked by Friday. If he knew,
      he might just opt to send them home as he waits to see a little of the
      money trickle in from the General Contractor. makes it easy to monitor payroll throughout the pay period. It's a web based software that keeps track of your employees time on the clock in real-time so an administrator can log in at any time and check up on payroll.
        • Re: Heads Up On Estimated Payroll
          Timesheet-- good post. Does your software integrate with project management and tracking software such as basecamp? And can it tie to Quickbook and ADP for simplified financials and payroll?
            • Re: Heads Up On Estimated Payroll
              Timesheet Wayfarer
              Thanks for your interest. Our software does export into Quickbooks and ADP. As for basecamp, we don't have a defined export specification, but if you can provide one, we can create an export spec. Also, we do have several text (CSV) formats that you can export in now. Many programs allow imports of text files with mapped fields, so if basecamp allows that, then there's no real work - you can just use it.