How To Develop a Simple Time Tracking Sheet in Microsoft Excel

The process of tracking time is unique to every employee or position, so there’s no one-size fits-all sheet that will do the job. Still, certain principles and features will generally play into most timesheet models. For instance, before you start formatting cells and entering formulas, you need to decide why you’re tracking time, who’s going to use that information, and how:

  1. Decide on a time period. (Management will probably make this decision for you.) Most of us track hours weekly, biweekly, or monthly.
  2. Tracking just time isn’t always enough. Many companies bill your hours back to clients. Therefore, you must allocate your time to specific projects. This article will show you how to create a weekly timesheet you can easily adjust to track biweekly and monthly times and projects. As is, this sheet doesn’t document breaks or allow for flexibility in scheduling. However, the basic structure and formulas are present, so you can easily customize the sheet to fit your needs.

This article will show you how to create a weekly timesheet you can easily adjust to track biweekly and monthly times and projects. As is, this sheet doesn’t document breaks or allow for flexibility in scheduling. However, the basic structure and formulas are present, so you can easily customize the sheet to fit your needs.

  • Growth through innovation/creativity:
    Rather than be constrained by ideas for new products, services and new markets coming from just a few people, a thinking corporation can tap into the employees.
  • Increased profits:
    The corporation will experience an increase in profits due to savings in operating costs as well as sales from new products, services and ventures.
  • Higher business values:
    The link between profits and business value means that the moment a corporation creates a new sustainable level of profit, the business value is adjusted accordingly.
  • Lower staff turnover:
    This, combined with the culture that must exist for innovation and creativity to flourish, means that new employees will be attracted to the organization.

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