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In this QuickBooks training tutorial, Rachel from Gentle Frog discusses the time tracker feature in QuickBooks Online. She highlights how to access this feature using a sample QuickBooks file and the "plus" sign for new entries, under the employees column, which includes options for single time activity and weekly timesheets. Rachel emphasizes the importance of tracking time to ensure accurate billing to clients. Additionally, she mentions that the built-in time tracker is just one option and suggests visiting the website apps.com for more applications that integrate with QuickBooks Online, recommending users search for suitable apps for their business needs.