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In this video tutorial, Rachel from Gentle Frog discusses the built-in time tracker feature in QuickBooks Online. She demonstrates how to access it via the "plus sign" in the upper left corner, selecting either "single time activity" or "weekly timesheet" under the employees column. The tool is designed to help users track their time effectively for billing clients or customers. Rachel also mentions that while this is a convenient option, there are other time tracking solutions available. She suggests visiting apps.com to explore additional applications that integrate with QuickBooks Online, enhancing the functionality for users who might need different features.