Free QuickBooks Timesheet Excel Template
Tracking employee hours and managing timesheets can be a time-consuming task for businesses using QuickBooks. Our free QuickBooks timesheet Excel template simplifies this process, allowing you to easily record and analyze employee work in no time!
What is a QuickBooks Timesheet Excel Template?
A QuickBooks timesheet Excel template is a pre-formatted spreadsheet designed to track employee work hours, overtime, and other time-related data. This template is specifically created to be compatible with QuickBooks, allowing for easy import and export of timesheet information between Excel and QuickBooks.
The template provides a structured format for recording essential timesheet details such as employee names, dates, hours worked, and pay rates. It’s designed to streamline the time-tracking process and ensure accurate payroll calculations, making it an invaluable tool for businesses of all sizes.
Benefits of using QuickBooks Timesheet Excel Template
Using our QuickBooks timesheet Excel template offers several advantages for businesses:
- Time-saving: The pre-formatted template eliminates the need to create a timesheet from scratch, saving you valuable time and effort.
- Accuracy: Built-in formulas automatically calculate total hours and overtime, reducing the risk of manual errors in payroll calculations.
- QuickBooks compatibility: The template is designed to work seamlessly with QuickBooks, allowing for easy data transfer between the two platforms.
- Customization: You can easily modify the template to fit your specific business needs, adding or removing fields as necessary.
- Improved reporting: The Excel format allows for easy data analysis and reporting, helping you gain insights into employee productivity and labor costs.
Metrics Tracked in the Report
Our QuickBooks timesheet Excel template includes the following key metrics:
- Employee Name
- Manager
- Company details
- Current Month / Year
- Standard Pay Rate
- Overtime Pay Rate
- Date
- Shift
- Location
- Time In
- Time Out
- Total Hours
- Overtime Hours
- Remarks
- Signature
More Metrics to Track and Analyze on Excel
With Coefficient’s QuickBooks integration, you can pull additional financial data into Excel for comprehensive analysis:
- Budget: Analyze financial data, although it can’t be filtered by Class.
- Profit & Loss Report: Get a comprehensive view of your business’s financial performance. This report can be grouped by Total, Month, Week, Days, Quarter, Year, Customers, Vendors, Classes, Departments, Employees, Products & Services.
- Transaction List: Access detailed transaction data, which can be grouped by Accounts.
- Custom Reports: While not available through the API, you can create custom reports within QuickBooks and manually transfer the data to Excel for further analysis.