Q. How do I set up a simple time sheet in Excel?
A. All MS Excel versions have a Time Card template with the basics. If you need to base the time sheet on check-in and check-out times, you may want to develop formulas with total hours for a day. It’s fairly simple from a math perspective.
For example, if Cell A1 had your start time and B1 had your end time, your formula would look like this: =(B1-A1)*24. The reason we multiply by 24 is that the result of B1-A1 will be expressed as a percentage of a 24-hour day. Multiplying it by 24 gives you the multiplier to use against an hourly rate to come up with total pay.
Tip: Use the shortcut Ctrl+: (Ctrl+Shift+;) to “punch in” and “punch out.” It will instantly put the current time into a cell. It is literally a time stamp.
- How to Write Meeting Minutes
- Tip Card: Business Management Daily's Favorite Keyboard Shortcuts
- Pay on termination: Pay it right the first time ... or else
- Court: Employee's beef is with the IRS, not her employer
- Bonuses: You paid them, now when can you deduct them?
- Deposits can't be directed to payroll or corporate accounts