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In this QuickBooks Time tutorial, Annie from the QuickBooks team explains how to track time, monitor team activities, and approve time entries for payroll or invoicing. Users can start by opening the time clock, selecting the job or customer, and clocking in. For specific tracking needs, custom fields can be added to monitor service items or locations. If billing the customer for tracked time, users should select "yes" in the billable field before clocking out. Time can also be tracked through a mobile app, time clock kiosk, or manually using a spreadsheet-style manual time card. Proper setup of teams, customers, and custom fields is essential for effective use.