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Under the Fair Labor Standards Act (FLSA), it is the employers obligation to keep record of the hours worked by employees, and, while many employers rely on employees assistance via a timesheet or time clock, the employer is ultimately responsible.
How to fill out a timesheet: Step-by-step instructions Step 1: Enter the employees name. Enter the persons name whose working hours you are recording. Step 2: Add a date range. Step 3: Add project details. Step 4: Include working hours for work days. Step 5: Determine total hours. Step 6: Get approval from supervisor.
(Overtime is calculated by the work week, not the work day.) hours are paid at straight time.
The FLSA requires employers to keep time cards and other records on which wage calculations are based for at least two years. Employers must also keep payroll records, including hours worked each day and total hours worked each workweek, for at least three years.
WHY ARE TIMESHEETS IMPORTANT? Timesheets are a vital tool for service-related businesses. Tracking the time spent on tasks correctly facilitates accurate forecasts and invoicing, and it also enables managers to identify common project delays and refine processes ingly.
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There are different methods that have been used to record timesheets, such as paper, spreadsheet software, and online time-tracking software. Paper-based timesheets have now given way to the digital formats.
Employers may allow supervisors to keep track of their employees work hours, have employees track their own time or permit a combination of the two. Under the FLSA, however, employersnot the employeeshave the ultimate responsibility to maintain these records.
Timesheets are required for hourly employees and salaried employees who earn less than $684 per week. These standards are in place to help companies ensure that they pay their workers their earnings.
You may not control how many hours your business employees work in a week, but you can ensure that you have accurate hours recorded and reported accurately. Without this information at your fingertips, youll be forced to waste timeand manpower coststracking down records in support of monthly payroll.
Timesheets help employers track work hours, leaves, accruals, and adjustments for processing payrolls. Time tracking software systems also provide employers with a trackable workflow for payroll approval.

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