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Annie from the QuickBooks team introduces QuickBooks Time, a platform for tracking employee hours, reviewing work, and preparing for payroll or invoicing. The tutorial covers how to clock in and out for specific jobs or customers, and emphasizes the option to add custom fields for more detailed tracking. To invoice customers for tracked time, users must toggle the billable option to "yes." Time can be logged via a mobile app, a time clock kiosk, or manually using a spreadsheet-style manual time card. The video will also provide resources for setting up accounts, teams, customers, and custom fields.