Timesheet: Overview

Dec 19, 2019

A Timesheet Module is an essential tool for organizations to track employee work hours, manage projects, and monitor productivity efficiently. It helps streamline time management, ensure accurate payroll processing, and provides actionable insights into employee performance and project progress.

Time sheet helps you in analyzing the time you are spending on each project. Employees can fill in the information about the time spent on different projects, he/ she worked for the day. The system enables employees to submit the time sheet and after submission Reporting manager/Admin can approve/ rejects the time sheet. Once submitted, employees will not be able to re submit/ update the time sheet. If the time sheet gets rejected by the reporting manager, employee has to refill the time sheet and resubmit it for approval.

Key Features

1. Daily and Weekly Time Tracking

  • Employees can log their working hours either daily or weekly.
  • Admins can fill timesheets on behalf of employees if required.
  • Enables flexible reporting according to company policy.

2. Project and Task Management

  • Track time spent on specific projects and tasks.
  • Employees can select clients, projects, and tasks when logging hours.
  • Admins can assign tasks and monitor progress in real time.

3. Approval Workflow

  • Managers or admins can approve or reject timesheets.
  • Supports hierarchical approval, such as HOD-level approvals.
  • Provides notifications for pending approvals to ensure timely submission.

4. Attachment Support

  • Employees can attach relevant documents or work evidence.
  • Ensures transparency and accountability for logged hours.

5. Analytics and Reporting

  • Offers detailed reports such as:
    • Summary Report – Overview of employee hours for a selected period.
    • Detailed Report – Task-level or project-level breakdown.
    • Leakage Report – Highlights discrepancies between expected and actual hours.
    • Project Task Report – Shows hours spent on each project or task.
    • Productivity Report – Measures productivity, project costs, revenue, and margins.
  • Reports can be filtered, exported, and downloaded in CSV format.

6. Cost Management

  • Track project costs, override rates, and manage budgets.
  • Analyze employee cost versus revenue generated for projects.
  • Helps in optimizing resource allocation and profitability.

7. Unallocated and Assigned Projects

  • Identify employees who have no assigned projects.
  • View all projects assigned to each employee for effective workload management.

8. Timesheet Summary

  • Provides a comprehensive view of total hours logged, approved, pending, or rejected.
  • Helps HR and management maintain transparency and improve planning.

Benefits

  • Improved Accuracy: Ensures precise tracking of working hours for payroll and compliance.
  • Enhanced Productivity: Helps identify employee engagement and project progress.
  • Transparency: Managers and employees can clearly see hours spent on projects and tasks.
  • Simplified Reporting: Easy to generate and export reports for audits, client billing, and management analysis.
  • Resource Optimization: Helps in better allocation of employees to projects and tasks.

Conclusion

A timesheet module is more than just a time-tracking tool. It is a comprehensive solution for monitoring employee productivity, managing projects efficiently, and maintaining transparency across the organization. By leveraging its features, companies can ensure better time management, accurate reporting, and improved operational efficiency.

HRStop also provides an option of Summary view for better tracking of overall progress in a month.

FAQ

  • Once enabled, admins can define company projects and assign them to employees.
  • Employees can submit details of their daily work.
  • Managers can approve/reject submissions or update working hours.
  • This provides insights into project time and costs.