Time sheet is an important document that is used for the recording of work done by particular employee with actual completion time for the job. Time sheet includes days of working weeks, working hours, beginning and ending of lunch time and total time taken by employee for break. Time sheet is usually calculated at the end of the pay period. It is a common task that has been done by different people. It is equally important to write monthly time sheet and this information is equally important for the management department specifically in the project programs. It will help you to estimate total cost of project, trading and management. Monthly time sheets are an easy way to track his/her work.
Uses of Monthly Time Sheet
Time sheet is basically designed for an employer to determine payroll and to use for some other purposes. Time sheet is used for different purposes such as it is used to record starting and ending time of tasks and the total duration required or used for the completion of each task. You can record detail breakdown of tasks during the accomplishment of project or program. This information is important and can be used for payroll, client billing and cost management, estimation and tracking for a project. Time sheet is frequently used while project management because it will help you to measure the performance of employees and you can easily pinpoints all problematic tasks.
Here is preview of this Free Monthly Time Sheet Template created using MS Excel,
Tips to Design Monthly Time Sheet
Time sheet is used for multiple purposes therefore it is important for you to pay attention on its designing and following tips will help you to design a perfect monthly time sheet according to your own requirements:
Time sheet can be designed in any spreadsheet program where you can keep track of total hours worked, cost incurred on project, performance of employees and different other details as per your own needs.
Start your time sheet with date and time at which the work has been started but do not forget to record all breaks the employees have taken during the course of their work. Write down ending time at the end of day to get accurate figure for total working and resting hours.
It is important to keep complete record of working hours so that you can easily track billable and resting hours. Calculate number of total hours worked at the end of the day to calculate the amount of total payment. If the project is started at 8:00 a.m., and you have worked on the project until 1:00 then the total worked hours are 5 hours. Do not forget to subtract break hours from this time such as if you have taken break of 30 minutes then working hours are 4 ½ hours.
Keep your project hours separate from the daily working hours and it can be easy with the use of monthly time sheet as you can record everything separately without any conflict. Do not forget to record minutes and round all minutes at the end of month while preparing your final monthly time sheet.
Here is download link for this Monthly Time Sheet Template,
Related Excel Templates
Banquet Hall Reservation Sheet Template A banquet hall proprietor and event organizer should be on exactly the same web page when preparing an event. To guarantee the event is effective and problem-free, there are a couple of essential particulars that you should know and supply to reserve a location. Excel spreadsheets are PC paperwork that show an area of columns as well as rows so you can certainly show info such as a […]
Cost of Goods Sold Sheet Template Cost of goods sold is amount paid by Merchandising Corporation for the merchandise sold during an agreed period of time. It is prepared on monthly basis on the completion of accounting cycle to calculate cost of goods sold and gross profit of the company. This is the price at which the goods were purchased and direct cost associated by bringing them to the sales room and completing the […]
Home Inventory Sheet Template Home inventory sheet is an important document as it will help you to identify and report all items that are destroyed by fire or burglarized. In the absence of home inventory sheet you will not be able to replace these items. It will help you to file insurance claim against each destroyed product of your house. Insurance companies often advice their customers to design a home inventory […]
Cleaning Sheet Template A cleaning sign off sheet is frequently prepared in large organizations like hospitals or big factories where large equipments are installed and it’s necessary to clean those machines on regular basis. It’s also applicable when it comes to offices which have more than one department and it’s very important to clean each floor with maximum supervision. The actual aim of a cleaning sign […]
Wedding Planning Worksheet Template Planning for your wedding can sometimes be a very tiresome and mind boggling event. You can always easily lose track of the entire budget that you’re spending when planning for a wedding event. Because that is the time when you’re cash is flowing out and you have to keep track of every single detail. It is not very easy to remember everything without properly writing it down somewhere. […]
Help Desk Flow Data Sheet Template Help desk flow data sheet proves really useful in the designing and documentation of complex processes and programs. It makes your work easy by visualizing everything and increasing your understanding level. Data flow diagram is most important part of the organization to keep everything in organized manger. This is a better way to perform all important tasks as you can easily control […]
Job Sheet Template Job sheet is an important part of any successful business therefore it is necessary to create. It is also known as job cost sheet and categorized as an accounting document because it will help you to calculate the costs of a particular project and orders. Job sheet will help you to have an estimate of your customers and upcoming expenses therefore you can also consider as a scorecard. […]
Expenditure Report Template Expenditure reports cover all the key transactions carried out for the purpose of executing a particular project either in a public or private organization, therefore it is very important to have a proper record to ensure transparency or clarity is maintained. Different organizations are strengthening their control over the expenses being carried out by employees and contribution […]
Production Schedule Template Production schedule is not limited to a specific type of business because almost all types of businesses require production schedule. It is commonly considered that only film industry requires production schedule to manage different films but industrialized and other firms equally require this schedule to determine the available products and required numbers. Hospitals also use […]
Loan Payment Receipt Templates Money is a very serious issue for businesses and most of the time, almost all the problems have the root cause of money at some point. Therefore just to make sure that there are no confusions or misunderstandings from any side, when banks receive installments or payments against a loan they issued to a company or individual, they sign a document that states they have received the […]