ebillity – eBillity https://ebillity.com Time Tracking for Payroll and Time & Expenses for Invoicing Tue, 13 Aug 2024 23:03:39 +0000 en-CA hourly 1 https://wordpress.org/?v=6.6.2 /wp-content/uploads/2023/10/cropped-ebillity-favicon-32x32.png ebillity – eBillity https://ebillity.com 32 32 Cutting Employee Hours: 5 Things to Know Before You Start to Cut Hours https://ebillity.com/post/tips-cutting-employee-hours/ Thu, 27 Jan 2022 11:07:45 +0000 https://staging6.ebillity.com/?p=11559 As a business owner, cutting employee hours is never something you want to do.  But if profits are down—which can happen in Q1 of a new year—cutting full time employee hours may be an option to consider.  Here are five key things to know, from how to tell an employee you are cutting their hours to how to use attendance ... Read more "Cutting Employee Hours: 5 Things to Know Before You Start to Cut Hours"

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As a business owner, cutting employee hours is never something you want to do. 

But if profits are down—which can happen in Q1 of a new year—cutting full time employee hours may be an option to consider. 

Here are five key things to know, from how to tell an employee you are cutting their hours to how to use attendance tracking software to make those adjustments globally. 

1. Know the answer: Can you cut an employee’s hours legally? 

Before you make the move to cut hours, know the law in your state. In general, business owners can cut employee hours to whatever point is necessary—as long as no one’s working for less than minimum wage.  

  • If you cut hours for salaried employees, that alone won’t affect their pay. You can also cut their pay too, but know that if you cut it below a certain level, they become hourly workers, which entitles them to overtime.
  • If you have union workers, consult the union contract to ensure you adhere to advance-notice stipulations. 

When it comes to telling an employee you are cutting their hours, balance the law with what feels right. In some states, you’re legally required to give warning that you’re cutting full time employee hours. But even if the law in your state doesn’t require it, offering notice as far in advance as you can is a good way to foster trust.

2. Cut costs elsewhere first

If you’re cutting full time employee hours because your business is experiencing tough financial times, consider cutting costs in other areas before you cut hours. Proving to employees that you’re willing to make tough calls before you dip into their pockets shows that you appreciate the work they do and the loyalty they’ve shown. 

3. Give context to cut hours

Once you’ve made the call to cut hours, make sure to give your employees reasoning as to why. 

  • If you’re cutting employee hours because the industry or economy is experiencing a downturn, transparency is your friend. Give employees the facts, and ask if anyone has ideas on how to bridge the gap. You might even be able to turn adversity into opportunity if you have creative employees on your payroll who come up with ideas to make up the difference. 
  • The same is true if it’s just your company that’s experiencing financial difficulties. Talk to your employees frankly about what you’re going through and you’ll foster understanding while making them more receptive to cut hours. 
  • If you’re cutting full time employee hours in order to boost profits for a business that’s already doing well, offer employees another benefit to make up for cut hours. Consider a wage increase, a more flexible work schedule or increased work-from-home capabilities. 

4. Be strategic with which employee hours you cut

If you’re cutting employee hours to stay financially solvent, try to reduce hours evenly across all positions and departments. If everyone’s hours and pay are cut to some degree, you’ll ensure no one feels singled out, and you may even create camaraderie around weathering the storm together. 

If a uniform approach isn’t possible, be strategic. If you’ve already identified employees who have a bad attitude or who jump at any opportunity to go home early, they may be more open to taking days or hours off. Frame this as an opportunity for increased freedom and flexibility and you may avoid an issue altogether.

5. Make the change easy with attendance tracking software

Once you’ve made the tough decision to cut hours, you should be able to quickly apply the change across the board through your attendance tracking software. 

With a solution like Time Tracker, you can easily manage employee time entries from one convenient location before syncing with your payroll and accounting software, and that includes updating hourly rates. 

  • Use your attendance tracking software to let employees clock in and out from any location.
  • Capture every second worked with timers, which you’ll set to automatically sync with then new rates associated with cut hours. 
  • Once you’re able to return to normal pay, update the system to apply those changes universally ASAP. 

If your company doesn’t currently use attendance tracking software, you should absolutely try that before you start cutting hours. Time Tracker has been shown to save 30+ hours in administration every month, and for some companies, that time may be enough to save you from having to cut hours at all. 

Try a free, 14-day Time Tracker trial today and put us to the test. 

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22 Time Tracking Statistics & Productivity Facts to Know Going into 2023 https://ebillity.com/post/key-time-tracking-software-facts/ Thu, 20 Jan 2022 11:03:01 +0000 https://staging6.ebillity.com/?p=11555 When you want to understand an industry or issue, facts are the best place to start.  That’s definitely true when it comes to time tracking statistics, so we’ve compiled some key ones as we head into 2022.  22 productivity and time tracking statistics to know 1. 69% of employees admit that they don’t track their time accurately. According to a ... Read more "22 Time Tracking Statistics & Productivity Facts to Know Going into 2023"

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When you want to understand an industry or issue, facts are the best place to start. 

That’s definitely true when it comes to time tracking statistics, so we’ve compiled some key ones as we head into 2022. 

22 productivity and time tracking statistics to know

1. 69% of employees admit that they don’t track their time accurately.

According to a Forbes online test about time tracking, half of employees also estimate that a quarter of their time at work is wasted. 

2. Employees are only productive for 2 hours and 23 minutes each day.

The remainder is spent: 

  • Checking social media (44 minutes)
  • Browsing news (65 minutes)
  • Discussing work with coworkers (40 minutes)
  • Searching for new jobs (26 minutes)
  • Making calls (18 minutes)
  • Taking coffee breaks (17 minutes) or snack breaks (8 minutes)
  • Instant messaging (14 minutes)
  • Making food (7 minutes)

3. Productivity rates plummet to 45% between noon and 3:00pm.

Freelancers’ activity rates go down to 43% between 3:00 and 6:00pm.

4. US workers spend more than 2.5 hours on emails daily.

That amounts to 120 messages per day, and unrecorded emailing time leaks $50,000 per employee annually. 

5. Buddy punching costs more than $370 million each year.

More than 75% of companies lose money to buddy punching, which is preventable with safeguards such as biometrics and GPS data. 

6. Productivity drops by 40% when an employee attempts to multitask.

Multitasking lowers your comprehension level by 11% and your intelligence by 17%. However, a time tracking system can help employees see where they’re spending their hours and focus on one thing at a time. 

7. Multitasking without time tracking decreases productivity by nearly half.

If your staff is going to multitask, make sure they’re logging it with a time tracking system that allows for multiple timers to be used. 

8. Disengaged employees cost companies 18% of their salaries.

There’s a clear connection between engagement and employee productivity. 

With a time tracking tool like Time Tracker, you can quickly pull an employee report that shows:

  • Billable versus non-billable hours
  • How much time is spent on specific tasks
  • How much PTO employees are taking
  • Employee utilization rates

9. Remote workers are 57% more satisfied with their jobs.

Organizations that allow remote work report a 25% decrease in turnover rates. Many companies facilitate remote work by using time tracking software

10. 700+ hours go unbilled annually in any company. 

Studies show that 36% of employees never track time spent sending emails, and 20% never track time spent in meetings. 

11. The US economy loses 50 million hours a year to errors in employee timesheets. 

That lost productivity adds up to $7.4 billion a day.

12. Time tracking has been shown to reduce productivity leaks by 80%.

It’s one reason the right time tracking software can help you combat time theft, which occurs when workers are paid for time they did not work. 

Time theft can take various forms, including buddy punching, taking long breaks, starting late, finishing early, and engaging in personal activities during work hours.

13. 75% of businesses say time theft is a challenge. 

One study reveals that US employers lose $11 billion annually in productivity to time theft, and another shows that 4.5 hours per employee per day  is lost to it. 

Nearly half of American employees openly admit to time theft.

14. In the legal profession, attorneys spend 2/3 of their day on non-billable tasks.

Roughly 31% of an attorney’s day is spent doing billable work, which means 69% of their time is spent on non-billable tasks. 

15. 80% of small businesses made adjustments during 2021. 

Roughly 75% changed their products or services, and 44% reported these changes as “minor.” 

One minor change that had major effects: Making sure solutions like time tracking systems are cloud-based and working efficiently. 

16. 73% of businesses are “very satisfied” after automating tools and processes.

91% of organizations use automation technologies, and 51% make extensive use of them. 

17. Some companies save $600,000+ in yearly wages simply by automating time tracking.

Getting rid of data entry, spreadsheets and paper timesheets keeps employees accountable while allowing them to easily track and submit time.

18. More than 90% of employees say that their paychecks are delivered on time due to tools including time tracking. 

87% are “certain” or “very certain” that their paycheck deductions and net pay are accurate. 

This is a good thing because 49% of workers will leave a company after just two issues with their paychecks. 

19. Companies that use time tracking software with payroll features are 44% less likely to make errors.

This saves payroll admins, managers, and other employees several hours of administrative work.

20. Time tracking cuts the time it takes to process time cards from 7 minutes/card to 1 minute/card.

This allows administrators to spend more time on high-value tasks. 

21. Time Tracker can save 30+ hours in administration and increase revenue by 30% every month.

Use it to easily keep track of employee time and attendance in seconds:

  • Clock in/out and take breaks with time cards
  • Capture every second worked with timers
  • Add time in blocks with weekly timesheets
  • Approve employee time entries in two clicks

22. 97% of Time Tracker customers would recommend our time tracking system to others. 

Try a free, 14-day trial to find out why. 

 

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Top 3 Remote Work Challenges and Solutions https://ebillity.com/post/top-3-remote-work-challenges/ Thu, 19 Mar 2020 02:14:42 +0000 https://www.staging6.ebillity.com/?p=9348 As a result of the COVID-19 virus more businesses are being forced to move to a remote working environment. Since 2005 research shows that remote work has increased by 140%, so although many businesses might be finding this a challenge right now, many companies have already implemented a remote workforce. Prior to the virus, 3.2% of the American workforce – ... Read more "Top 3 Remote Work Challenges and Solutions"

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As a result of the COVID-19 virus more businesses are being forced to move to a remote working environment. Since 2005 research shows that remote work has increased by 140%, so although many businesses might be finding this a challenge right now, many companies have already implemented a remote workforce. Prior to the virus, 3.2% of the American workforce – 4.3 million people were remote workers. Although remote working can be beneficial and with the right setup productive and profitable for employers, it does come with a few pitfalls – all of which can be overcome with knowledge and by using best practices.

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List of new features for Thomson Reuters Time & Billing https://ebillity.com/post/list-of-new-features-for-thomson-reuters-time-billing-customers/ Fri, 06 Mar 2020 03:58:49 +0000 https://www.staging6.ebillity.com/?p=9226 On April 6, 2020 your Time & Billing by eBillity account will be moved to Time Tracker by eBillity. Thomson Reuters will continue to manage your account and billing without change. The decision to transition your account to Time Tracker was to offer your firm a superior product that receives regular updates and enhancements. The Time & Billing product will ... Read more "List of new features for Thomson Reuters Time & Billing"

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On April 6, 2020 your Time & Billing by eBillity account will be moved to Time Tracker by eBillity. Thomson Reuters will continue to manage your account and billing without change.

The decision to transition your account to Time Tracker was to offer your firm a superior product that receives regular updates and enhancements. The Time & Billing product will be decommissioned on April 6th. Your data will be available in the Time Tracker product without disruption. Below outlines the new features that will be available to you:

1. New Dashboard

(optional feature that will be switched off by default)
The new dashboard offers a series of graphical reports and shortcuts. Customize your settings to select what data you want and click and drag and drop to prioritize the order. Learn more about the new dashboard →

2. Scheduling

Automate your employee scheduling and share with your whole team from one centralized location. Create daily, weekly or monthly schedules in minutes. Learn more about scheduling →

3. ACH Payments

You can now offer an alternative payment method that will cost you less and give your clients another way to pay! ACH payments, in addition to credit cards, are now available, all you need is Stripe and a bank account. Learn more about ACH payments →

4. Time Lock Screens

Admins and Managers can now lock specific time periods so time cannot be added, edited or removed. Locked time periods can be important if the pay period is over, projects are complete or a client has been billed. Learn more about time lock screens →

5. Time Card Method

(Timers will remain as the default, option to switch to time cards)
Historically every Time Tracker account offered timers and timesheets as a way to track time for payroll and billing. However, in March of 2019 Time Tracker released time cards; the new default setting for a basic Time Tracker account. Learn more about time cards →

6. New Weekly Timesheets

An alternate view of the weekly timesheet based on pay period. Users can now choose to view either a timesheet of the week or their pay period. Users can also add a batch description to multiple time entries.

7. Timer Settings → Create Time Entries for Teams in Mobile Application

The new timer setting allows users to enter time on behalf of other employees (that they have access to). Note the permissions for customers and service items will be based on the permissions of the user who created those time entries.

8. Timer settings → Allow Mobile Login Default

Admins can now restrict or allow time tracking via the mobile app. Admins can select which users are allowed to track time from the mobile app and which users cannot.

9. Geolocation and GPS Tracking with Geofencing

(optional feature that will be switched off by default)
With employee geolocation tracking you can easily see the status of your employees in real-time. Users will be tracked via GPS while they have an active timer running. After saving the time entry, a map can be seen with a trail of where they were throughout the day. You can also add a geofence radius to create boundaries on where time entries can be recorded. Learn more about geolocation and GPS tracking with geofencing →


External Apps:

Windows 10 App
The free Desktop App for Windows 10 lets you access your Time Tracker account and features without connecting to the web. Work offline and sync when you reconnect with the internet.

Outlook 365
Download our Outlook for Windows add-in to convert your emails and calendar events into time entries. Your converted entries automatically sync to your central account.

Google Calendar Chrome Extension
Turn your Google calendar events into time entries with Time Tracker’s Chrome extension and save even more time!

View all web apps

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Customize Your Dashboard For Simple Reporting https://ebillity.com/post/customize-dashboard/ Thu, 02 Jan 2020 22:54:02 +0000 https://www.staging6.ebillity.com/?p=8664 At eBillity we know one size doesn’t fit all. Whether you are a professional services company tracking time for client billing, a construction company tracking employee time at different job sites, or a payroll clerk reconciling employee time, you most likely track time differently. And because you track time differently we wanted to provide the same flexibility and enable our ... Read more "Customize Your Dashboard For Simple Reporting"

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At eBillity we know one size doesn’t fit all. Whether you are a professional services company tracking time for client billing, a construction company tracking employee time at different job sites, or a payroll clerk reconciling employee time, you most likely track time differently. And because you track time differently we wanted to provide the same flexibility and enable our customers the ability to customize their dashboard to make it easy to access the reportable data that is most important to your business.

Here’s how to customize your dashboard:

Click on the settings icon to open the Dashboard Settings. 

settings icon

Step 1: Select the Data You Need to Know About

To add and remove widgets from the “Widgets on my Dashboard”, click on the “+” to add or “x” to remove. Once you have completed this step, “save” and close. 

Dashboard Settings

Step 2: Prioritize Widgets in Your Dashboard

The widgets can easily be prioritized and sorted by importance. Drag and drop the widget to the location you prefer, it is as easy as that!

customise dashboard

In addition to the customizable dashboard, Time Tracker also offers live and editable reports which can be exported into nine different formats. And, if you are short of time (like most of us) try the automated feature and have the reports emailed to the managers who need to see them on the day you set.

Start a free trial today and test out our reporting

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Time Tracker: Enhancing Santa and His Elves  https://ebillity.com/post/time-tracker-enhancing-santa-his-elves/ Fri, 13 Dec 2019 02:34:50 +0000 https://www.staging6.ebillity.com/?p=8368 Oh, what a wonderful year it has been with so many cookies, magical toy-making activities and joy in the air. Last Christmas was such a delight – Santa, Mrs Claus, the reindeer and elves all worked so well together that they managed to free up a little time-off to hang up the sleigh bells before preparing for the 2019 holiday ... Read more "Time Tracker: Enhancing Santa and His Elves "

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Oh, what a wonderful year it has been with so many cookies, magical toy-making activities and joy in the air. Last Christmas was such a delight – Santa, Mrs Claus, the reindeer and elves all worked so well together that they managed to free up a little time-off to hang up the sleigh bells before preparing for the 2019 holiday season.

This year, Time Tracker is providing Santa with fun new features, helping him keep everyone on schedule and making sure that everything happens right on time. If he’s late, he could be spotted–or worse, he might not get all the toys to the good little boys and girls who are eagerly awaiting their Christmas deliveries.  

Santa enjoyed his time off so much that he has decided to implement a few new standards this Christmas, and with a little help from his team he might just be able to take that beach vacation he and Mrs. Claus have been planning. Santa decides to jot down a few ideas…

1. Elf Assignment Tracking

One elf running behind can throw off the entire assembly line, whether it’s an elf down in toy creation who is struggling to get his toys built on time, or an elf in the wrapping department who has a stack of unwrapped presents awaiting their attention. Fortunately, with Time Tracker’s Scheduling, Santa can keep track of exactly what each elf needs to accomplish.

Report

Assign specific projects to individual elves or departments. Sometimes, the elves are needed for special assignments: that last-minute toy that will absolutely make a special little boy or girl’s Christmas, for example. And other times, the entire department needs to step up and take on a task together to meet the deadline. 

Keep track of individual elf responsibilities. Sure, that elf down in doll creation has a way with glitter that just can’t be matched, but they can only take on so many assignments at once! But now thanks to Time Tracker’s scheduling feature, Santa can get a better idea of what assignments the elves already have so that he doesn’t overload one particular elf or department. After all, he needs to ensure all his elves are well rested to maintain the perfect detail that goes into his toys and we all know an overworked elf is a grumpy elf.

2. Run the Right Reports to Understand Elf Capability

Scheduling all those elves takes a lot of energy and effort–and Santa needs to make sure that he knows exactly what his elves are best at and what they’re able to accomplish. Does he need to move elves off of the wrapping line and into toy production? Are there elves who need to be given more responsibility in order to meet their full potential? Time Tracker’s reports are making it easier than ever for  Santa to keep up with assignments for all of his elves.

Santa can easily gain insights into what the elves are doing best and how they’re managing their responsibilities. Some elves are incredibly efficient time managers: they can turn out dozens of toys in a day or wrap all of a child’s stocking stuffers in an hour. Others, however, simply are not. With Time Tracker’s new customizable dashboard, Santa can easily add the important reports he needs on one centralized screen where he can see everything he needs to know in order to make important decisions. 

Track elf attendance. Most elves are delighted to start their work week. After all, they have the responsibility of creating the perfect gifts for every child on Santa’s Nice List! Sometimes, however, the elves get a little distracted feeding the reindeer and they forget to clock-in on time. 

Report

Estimate labor costs. Thanks to time and attendance reports, Santa can better estimate his labor costs, which means he won’t get in to trouble with the Elf Labor Union–phew! He can also keep a close eye on overtime hours by receiving alerts when his elves are spending too much time in the toy shop.

When you are Santa time is everything! Time Tracker’s new customizable dashboard makes it easier for Santa to track important activities. It is easy to add, delete and move around widgets on the dashboard and even create handy shortcuts.

3. Schedule Elves for the Right Shifts

Like other workers, elves have a labor union that requires them to have reasonable working conditions–and while they might put in some overtime as they get closer to the holidays, no elf wants to end up stuck at work 24/7. Time Tracker’s scheduling feature allows Santa to:

  • Create daily, weekly, and monthly schedules in minutes–a must as the holidays approach and his schedule gets tighter than ever
  • Create and save templates, which makes it easier to handle those busy days immediately around Christmas, he can also use them again next year too!
  • Give admin permissions to Mrs. Claus so she can help Santa manage the schedule
  • Keep every elf on track with the most up to date version of the schedule being published and available online for all the elves to see
  • Track hours to avoid accidentally assigning too much overtime to any one elf–including a red notification that lets Santa know when elves have been working too hard 
  • Show Santa exactly how many hours the elves are working each week–which could help him decide when he needs to bring in more helpers  

Santa just loves being able to copy (and edit) the previous week’s schedule it saves him so much time! But, it is the color codes for all the different job types that are his favorite, he never has to worry about his head elf getting assigned to kitchen duty…not like last year.

4. Create the Perfect Plan for The Big Day

Delivering all those presents in a single night leaves Santa on an incredibly tight schedule. Every year, he refines his route as more children are added to the nice list, children grow up, or, worse, children stop believing in the magic of Christmas. Fortunately, Time Tracker also offers a GPS feature that makes it possible for Santa to create the perfect schedule for present delivery. The GPS tracker will help to refine Santa’s delivery schedule so that he knows exactly where he is supposed to be at any point in his route. The GPS feature can help Santa avoid missing any important deliveries and disappointing those children. 

GPS tracking also allows Mrs. Claus to always see exactly where Mr. Claus is. Mrs. Claus often waits back at the North Pole anxiously, hoping that Santa hasn’t been spotted and that he isn’t running behind schedule. Thanks to Time Tracker, she can now see exactly where he is without having to bother him or the reindeer. 

GPS tracking

Santa has benefited immensely from adding Time Tracker to his routine this Christmas season–and your business can, too. If you want to see for yourself how Time Tracker can streamline your business, try our free trial

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Top 5 Tips to Stay on Top of Payroll Tracking https://ebillity.com/post/top-5-tips-to-stay-on-top-of-payroll-tracking/ Thu, 31 May 2018 10:00:45 +0000 https://www.staging6.ebillity.com/?p=3596 Many business owners view payroll tracking as one of their most stressful administrative tasks. They have good reason to do so. In 2016, businesses accrued $6 billion in employer payroll penalties. That’s up from $4.5 billion in 2014. That’s why it’s more important than ever to get your payroll tracking right. We’ve compiled five tips for better payroll tracking and ... Read more "Top 5 Tips to Stay on Top of Payroll Tracking"

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Many business owners view payroll tracking as one of their most stressful administrative tasks. They have good reason to do so. In 2016, businesses accrued $6 billion in employer payroll penalties. That’s up from $4.5 billion in 2014. That’s why it’s more important than ever to get your payroll tracking right.

We’ve compiled five tips for better payroll tracking and management:

1. Offer a Variety of Time Tracking Options

Everyone knows going paperless streamlines time tracking, keeps you organized, and reduces waste. But it’s time to move beyond simply “going electronic”. Today, the most effective time tracking systems allow employees to enter time from any device, from desktop computers and laptops to smartphones and tablets.

Some payroll systems like Gusto even allow time tracking through both apps and paper timesheets, depending on your employees’ preferences. This approach allows their SMB customers to easily transition from old habits into new technology, ensuring another layer of accuracy.

2. Integrate Payroll and HR into One Centralized Location

Being organized is vital for accurate and headache-free payroll. When managing payroll, keep employee records easily accessible. Better yet, use a payroll system that automatically applies employee information so you only need to enter this information once. HR integration can significantly reduce the amount of time needed to perform otherwise lengthy tasks like new employee onboarding, direct deposit set up, and vacation time tracking.

3. Automate Your Taxes

You should automate your taxes whenever it’s possible to do so without losing accuracy. Have your taxes automatically calculated and deducted. Then set up automatic payments to the IRS so there’s no chance of missing quarterly deadlines.

Today, most federal and state tax systems require electronic payments from businesses, so you’ll be one step ahead with compliance. The IRS is constantly updating their requirements and usually releases new tax changes for the upcoming year in December. If you use a payroll software or service, they’ll automatically keep your system up-to-date with any updates.

4. Don’t Forget About the Perks

The perks that your employees look forward to, like vacation days and added benefits, are often a nightmare to calculate with payroll. Employees might enjoy accruing more vacation time, but you need a system that can clearly track and display compounding benefits. Avoid problems down the line by setting up clear company policies and infrastructure capable of managing constantly changing perks.

When organizing your system, you might start with classification. Will you classify days off by specific categories (i.e. sick days, personal days, vacation time) or use a general umbrella term like “paid time off” for all covered absences? There is no single best way to do this; you’ll need to choose the system that works best for your business.

5. Select Payroll Software Suited for Your Business Size

Robust payroll software can manage just about every aspect of payroll for you while allowing manual approvals and updates from your end as needed. Many business owners struggle through payroll, pouring hours into time-consuming tasks when they could be focusing on generating revenue.

Instead, consider payroll software that covers the needs of a business like yours. Business size and payroll complexity will be the most important considerations in your decision. For small businesses, a system like Gusto is often the software of choice, with flexible time entry options and detailed employee insights. For large organizations, ADP provides a more robust software with sophisticated reporting and even multilingual capabilities.

Using software reduces the likelihood of payroll errors and tax penalties while freeing up your time and resources for what’s most important to growing your business. To learn more about payroll options for your business, contact an eBillity expert today.

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Partner Feature: Reckon https://ebillity.com/post/partner-feature-reckon/ Mon, 28 May 2018 08:45:52 +0000 https://www.staging6.ebillity.com/?p=3472 Reckon is making a splash down under! What is Reckon? Reckon began over 30 years ago as a small start-up by founder, Greg Wilkinson, with a maxed-out credit card and an entrepreneurial spirit. Having a knack for distribution, the company steadily grew and acquired a licensing agreement to publish Intuit’s Quicken and QuickBooks in the Australian market, eventually relaunching them ... Read more "Partner Feature: Reckon"

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Reckon is making a splash down under!

What is Reckon?

Reckon began over 30 years ago as a small start-up by founder, Greg Wilkinson, with a maxed-out credit card and an entrepreneurial spirit. Having a knack for distribution, the company steadily grew and acquired a licensing agreement to publish Intuit’s Quicken and QuickBooks in the Australian market, eventually relaunching them as Reckon products in 2012.

Now with over 600,000 businesses using their products, Reckon, a publicly traded company, is one of the largest accounting software options in Australia.

Offering business solutions for everyone from owner-operator to enterprise, Reckon provides a comprehensive online accounting platform. You can easily manage your finances, inventory, and payroll, along with superior reporting functions to help you make smarter business decisions.

Why we love it.

No matter what your business is, Reckon accounting and payroll can fit your needs. With secure hosting, easy file management, inventory management, Reckon offers more than the typical accounting product. Here are some of our favorite features:

Accurate Accounting

Reckon allows you to track all your financial data in one place so you always know where your business stands. You can even share access with your accountant or bookkeeper. With everything in one place, you can easily review all your transactions, manage your inventory, and quickly see where you’re making the most money.

Simplified Payroll

After you sync approved time entries from Time Tracker, you can easily schedule pay runs, print or email payslips and payment summaries, leave management and more.

Reckon is also Single Touch Payroll compliant. You can have your payroll information sent directly to the Australian Taxation Office for each pay period rather than having to gather it all at the end of the financial year, so you’re ready for tax time without any extra effort.

Easy Invoicing

Use your synced time entries to create customized invoices in minutes. Quickly see which invoices have been sent, paid or are overdue. You can even process credit card payments to get paid faster!

Extensive Reporting

With more than 200 reporting options, you can gain valuable insights from your financial data, including job costing, profit and loss reports, estimates, and outstanding bills. You can make informed business decisions without having to run the numbers yourself.

How does Time Tracker and Reckon integrate?

Connecting your Time Tracker and Reckon accounts can help you boost profitability, save time and make better business decisions. With our two-way integration, your accounts work together like one – bringing your time and expenses together with your payroll and accounting.

Time Tracker integrates with two of the Reckon products:

  1. Reckon Accounts Hosted, a cloud-based accounting software that you can access from anywhere on desktop, mobile or tablet.
  2. Reckon Accounts Desktop, which installs directly on your computer and can be used offline.

Once connected, data syncs between your accounts in as little as one click. You can save hours in manual timesheets and data entry.

Learn more about connecting your Time Tracker account to Reckon.

What syncs?

Reckon acts as the master account. When you connect to Time Tracker, your data will sync over so you can track time against specific clients or projects. The information shared depends on your account type:

Reckon-Desktop-SyncReckon-Hosted-Sync

Try it free!

Sign up for a free 14-day trial account, no credit card needed. See for yourself how Time Tracker with Reckon can help you take control of your business.

 

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Why Time Tracker for QuickBooks is a Top-Rated App by Intuit Customers https://ebillity.com/post/why-time-tracker-for-quickbooks-is-a-top-rated-app-by-intuit-customers/ Wed, 23 May 2018 15:39:30 +0000 https://www.staging6.ebillity.com/?p=3468 It’s important to look for software solutions that will provide you with a higher level of productivity. When you want to have your payroll under control and provide convenience to your employees, Time Tracker for QuickBooks is a great option and is a top-rated app by Intuit ProAdvisors. These are certified customers with expert knowledge – they know what connects ... Read more "Why Time Tracker for QuickBooks is a Top-Rated App by Intuit Customers"

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It’s important to look for software solutions that will provide you with a higher level of productivity. When you want to have your payroll under control and provide convenience to your employees, Time Tracker for QuickBooks is a great option and is a top-rated app by Intuit ProAdvisors. These are certified customers with expert knowledge – they know what connects best with QuickBooks to run a more profitable and productive business.

Employees can clock time anywhere

It’s a good idea to eliminate a traditional time clock process. You may only have one timeclock, forcing everyone to check into the same location. This can be a problem, especially when you have off-site employees or those who work in the field. By allowing people to clock in electronically through your portal, you can ensure that people track all of their time effectively.

It doesn’t matter where in the world your employee is tracking their time, our software supports global time zones and three different languages (English, Spanish, and German). They can clock in and out from any smart device ensuring that time is captured without having to go in and manually input time for your employees.

You can approve timesheets

It’s important for you to be able to approve timesheets to ensure that all time is accounted for. You also want to make sure that employees clocked out so that you don’t encounter situations where it looks like employees worked for over 24 hours straight. All of your managers will be able to log into Time Tracker in order to make adjustments to time records, as well as to approve them. Any admin has the ability to review the entries and edit, reject, and request employees to resubmit their time.

Time entries are synced with QuickBooks

After the time entries have been approved by an administrator, you can quickly sync to QuickBooks for payroll, invoicing, and reporting. Your 1099 vendors can also track their time inside of Time Tracker to be synced with QuickBooks. This ensures that all expense and payment entries are in one place so that you can get a clear view of your payroll expenses.

You can generate invoices

Another top benefit of Time Tracker for QuickBooks is that you have the ability to generate invoices in 4 easy clicks! As you track employee time, you can use these entries as a way to bill clients for hours worked. You have the opportunity to generate customizable, professional invoices inside of Time Tracker. Your customers can then choose to pay instantly online or view and pay invoices through a secure client portal.

Data security and privacy are our top priority

Right from the planning stage, security and privacy have been a top priority for eBillity. We are committed to ensuring your data and privacy are always secure. Your data and information is stored behind secure firewalls and is monitored 24-hours a day. We use Amazon S3 for our hosting needs for all our applications, as well as routinely backup your data at multiple locations daily, weekly and bi-weekly.

We also know your privacy is of the utmost importance. eBillity follows the United States protection of privacy laws and are General Data Protection Regulation (GDPR) compliant in the EU. In addition, Time Tracker allows you to set privacy permissions to manage and protect company information.

There are a lot of features packed into Time Tracker for QuickBooks, which is why it’s a top-rated app.

The QuickBooks integration for Time Tracker minimizes the amount of data entry employees and managers have to do. This eliminates a lot of data entry errors that could slow down payroll or cause various payroll errors. Additionally, it allows comprehensive reports to be created quickly giving managers a clear idea of what they are spending in the areas of payroll. It also ensures that there is no lost revenue when it comes to billing clients for specific hours.

Investing in time tracking and billing software that provides an array of features and integrates with QuickBooks can be just what you need to take your operations to the next level. When you want to take advantage of payroll assistance that integrates easily with QuickBooks, try Time Tracker + Billing free for 14-days (no credit card required) and see why Intuit customers give it a thumbs up!

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Time Tracker Partners With Xero Payroll For UK launch https://ebillity.com/post/time-tracker-partners-with-xero-payroll-for-uk-launch/ Fri, 11 May 2018 09:39:35 +0000 https://www.staging6.ebillity.com/?p=3420 Xero is fast becoming a market leader Xero is a well-loved software company with a global presence that is fast becoming one of the largest names in the industry. Founded in 2006 in New Zealand by Rod Drury and his personal accountant, the modern cloud-based product quickly spread to Australia, the US, the UK, and the rest of the world. ... Read more "Time Tracker Partners With Xero Payroll For UK launch"

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Xero is fast becoming a market leader

Xero is a well-loved software company with a global presence that is fast becoming one of the largest names in the industry. Founded in 2006 in New Zealand by Rod Drury and his personal accountant, the modern cloud-based product quickly spread to Australia, the US, the UK, and the rest of the world.

Time Tracker + Xero Payroll

Traditionally an accounting software designed for billing, Xero wisely saw the change in the market and promptly adapted their product to extend their offering to include payroll. The innovative features simplify paying employees – with automated calculations, multiple pay rates, flexible pay calendars and detailed reports.

eBillity first heard about Xero in 2012 when we decided to become an integrated partner offering our Time Tracker add-on to their Australian and North American customers. At the time, we focussed on tracking time for invoicing but soon realized we needed to further integrate in order to service the needs of their growing payroll clientele.

See how Time Tracker syncs with Xero Payroll.

Payroll in the UK

Already having a large number of customers in Australia and New Zealand, Xero started to expand their payroll offering into the US and the UK. Due to the size and various regulations of each state in the US, Xero strategically rolled out their payroll product state-by-state, and as of today, you can find them in approximately 75% of the US. View which states have Xero Payroll.

In March 2018, Time Tracker launched as one of Xero’s first integrated web apps for their payroll product in the UK. A title that we’ve very proud to carry.

Better together

We now offer a two-way integration for both Xero Accounting and Xero Payroll customers, syncing data seamlessly back and forth like one – helping customers in the UK to bill clients and pay employees for actual time worked without all the wasted hours on administration.

We’ll be exhibiting at Accountex London May 23-24 booth #920 and we can’t wait to demonstrate our latest integration. Come see us at the event, or sign up now for your free 14-day trial today of  Time Tracker and connect with your new Xero Payroll account.

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