Timesheets can record the start and end time of tasks, or just the duration. It may contain a detailed breakdown of tasks accomplished throughout the project or program. This information may be used for payroll, client billing, and increasingly for project costing, estimation, tracking and management.
Benefits of timesheets
- Work out the quickest possible time in which a project can be completed
- Log and track time spent on a task
- Record actual hours against your projects which enables you to identify slipping deadlines
- Gain insight about the time spent, which helps to maximize billable and minimize non-billable hours