QuickBooks Time Card Entry and Overtime Calculations – Beyond the Basics
Entering employee time cards in QuickBooks is the foundation for job-costing payroll in QuickBooks and issuing your employees paychecks – or at least it should be – especially if your employees work on multiple jobs or are paid a different rate of pay for different tasks that they perform. Knowing how many man hours it took to actually complete a job or project is just as important as knowing the cost of having those employees on the jobsite. Many business owners say that they “have all that information in their heads”, but I’ve found that actually having this information available in reports that you generate within QuickBooks helps you to analyze not only the profit of that specific job, but the overall profitability of your company and helps you to…