Timesheet reports for Australian businesses
Master timesheet reports to track total hours worked, task breakdowns, and cost calculations with timesheet summary reports and timesheet detail reports.
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What is a timesheet report?
A timesheet report is a summarised record of employees’ hours worked within a set period. It takes data from individual timesheets, which employees use to track their regular work hours.
Timesheet reports contain the following information:
- Employee details
- Date range for the report
- Hours worked per employee
- Cost calculations based on pay rates and hours worked
Types of timesheet reports
Timesheet reports are a valuable tool for your business. Leverage these two timesheet report types to better monitor your employees’ work hours. Your timesheet app will likely have the data you need to build these reports.
Timesheet summary report
A timesheet summary report offers a condensed overview of employee work hours for a specific period, typically a week, month, or pay cycle. It focuses on key metrics like total hours worked per employee, department, or project.
A timesheet summary report typically includes:
- Employee details
- Total hours worked by all employees, individually and collectively for a given period
- Categorisation of regular work hours and overtime hours
- Leaves taken
- Cost calculations
Use this type of report to find work-hour trends and monitor overall staff cost.
Timesheet details report
A timesheet details report provides a deeper dive into employee work hours, offering a more granular breakdown of time spent. It enables a thorough review of time allocated across different employees and tasks.
A timesheet details report typically includes:
- Employee details
- Total hours worked by all employees, individually and collectively for a given period
- Tasks associated with hours worked by employees
- Leaves taken
- Breaks taken
- Overtime details
Use this type of report to identify inefficiencies in the business and find errors in time management.
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Timesheet report benefits for businesses
Better payroll accuracy
Timesheet reports aid accurate pay calculations by presenting verified data on work hours for each employee. You can avoid errors from manual data input, especially with variables like overtime pay and leave pay.
Project management support
Timesheet reports allow businesses to track the time spent on different projects. This enables effective resource allocation and ensures tasks are completed within budget and deadlines. Timesheet data can come in handy when budgeting for future projects.
Enhanced staff productivity
A timesheet report can reveal areas where employees might be losing time. This allows businesses to address inefficiencies and improve current processes and practices. With this data, you can start a conversation with your staff on how they can improve their time management.
Legal compliance
Under the Fair Work Act, businesses are required to keep accurate records of employee work hours for a minimum period of 7 years. Timesheet reports serve as a reliable and easily accessible record for compliance purposes. Accurate timesheet records can help you avoid penalties.
How to review timesheets on Payroller
Track employee time and make informed business decisions today
Running a business with employees can be exciting and dynamic. With several factors affecting your staff’s work hours, timesheet reports play a crucial role in pay accuracy and productivity.
With timesheet software for creating and reviewing these reports, you gain the knowledge to streamline your workforce. Use timesheet data to empower your employees and make informed decisions on resource allocation.
Frequently asked questions about timesheet reports
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