Time Card Calculator (2024)

  • INSTRUCTIONS:

    1.

    Use the Right Arrow or Left Arrow to choose between AM and PM.

    2 .Enter the Hourly rate without the dollar sign.

    3. Email it or print it! (Allow pop-up's to be able to print the Hour Calculator).

For entering information using the 24 hour clock, see our Time Card Calculator with Military Time

ADVANTAGES OF OUTSOURCING PAYROLL PROCESSING

Looking for an easy method to add up your hours? Look no further – our timecard calculator helps you determine your gross pay. Once you've got the gross pay, the next step is finding a good payroll company to calculate your taxes and deductions.

A small business owner who plays multiple roles at the same time can greatly benefit from using a payroll company.

Payroll processing is a challenge for most organizations. When it comes to small businesses, this is not something they can mess with. Small businesses already outsource several aspects of their business including sales, marketing, internet and computers. Payroll services, too, can be outsourced. Statistics reveal that almost 41% of small businesses in the U.S. use payroll service providers.

Payroll companies offer a range of services. Besides performing payroll processing, they may take custody of your payroll cash. The payroll services includes calculating employees' gross pay, deductions, and net pay; prints salary checks for employees who have not selected direct deposit; preparing payroll reports for company management; and submits payroll tax returns.

Choosing a Payroll Company

While choosing a payroll company, make sure that you can communicate with them regularly. You should obtain an assurance that you won't have to deal with a 'sales representative' when you contact them. You should be able to talk to the person who handles your account regularly. Make sure that the company assures personalized customer service.

Request references from both current and previous clients. Call these people and ask them if they faced any problems.

If the references seem satisfied with the service they received, ask them if there was anything that they wished the payroll companies did differently. You should not choose a service provider who does not offer references.

Thoroughly discuss the services you need with potential payroll service providers. Try to hire a service located within driving distance. In an emergency, you should be able to pick up the checks.

Determine who will be responsible for penalties that might arise due to non-filed or late tax liabilities. You should also find out whether the service provider moves the tax liabilities as well as the payroll amount from your account to theirs before the due date. Confirm that local payroll taxes are computed and paid.

How you can benefit by outsourcing payroll processing

It frees up your time

Manual payroll processing can be quite time consuming. By outsourcing the process, you can free up your staff's time, which they can use in pursuing other activities that generate revenue.

It reduces costs

Outsourcing reduces the cost of payroll processing.

You can avoid IRS penalties

Almost all national payroll service providers offer a tax guarantee. That means the customer will not have to incur any penalties for late payment of tax. If problems arise, the service provider will pay the penalty. Before selecting a provider, you should get quotes from at least three companies. There are companies like Paychex and Surepayroll that offer free online quotes. To get a free quote, you just need to enter some basic information like your zip code, number of employees, and payment frequency. You should also talk with other companies who outsource payroll processing to find out if they are happy with it and how much money they pay for the service.

CALCULATE YOUR TIMECARD WITH EXCEL:

Download Free Excel TimeCard Templates

Learn how to build your own Work Hours Calculator

Time cards were developed by employers to record the amount of time workers spent on each project.

Time Cards are also used by freelancers like: Writers, Designers, Programmers and Photographers. Many self employed people and contract workers like Carpenters, Nannies, Maids and Housekeepers also work on hourly rates.
Calculate Hours .com can help you calculate your billable hours in 3 different ways:

1. Add up your hours using the above Time Card Calculator

2. Create your own work hours calculator in Excel by downloading a Timesheet Calculator from our Library.

3. Build your own Hour Calculator. Learn how to create your own Excel Timesheet Calculators at our Excel Timesheet Training.

TIME CARD CALCULATOR - Disclaimer:We make no claims as to the accuracy, completeness and timeliness by any of our calculators. Our hours calculator is designed to provide general guidance and estimates. It should not be relied upon to calculate exact payroll or other financial data. You should refer to a professional accountant regarding any specific requirements or concerns.

Calculatehours.com does not give any warranty or other assurances as to the operation, quality or functionality of our time card calculator.

Time Card Calculator (2024)

FAQs

How can I calculate my time card? ›

Quick find
  1. Step 1: Determine start and end time.
  2. Step 2: Convert time to military time.
  3. Step 3: Subtract start time from end time.
  4. Step 4: Subtract unpaid breaks.
  5. Step 5: Convert to decimal format.
  6. Step 6: Add up total hours for pay period.
Sep 23, 2021

How do you count hours easily? ›

How to calculate hours worked
  1. Determine the start and end time. ...
  2. Convert the time zone to military time (24 hours) ...
  3. Convert minutes into decimals. ...
  4. Subtract the start time from the end time. ...
  5. Subtract the time spent on unpaid breaks. ...
  6. Convert hours to decimal values and calculate gross wage.
Dec 2, 2022

How can I find out how many hours I have worked? ›

With the start and end times in a 24-hour and decimal format, you can simply subtract the start time from the end time to determine the total work hours. For example: As John started work at 8:00 AM (08:00) and finished at 5:15 PM (17:00), his total work hours amount to 9:15 hours (17:15 – 8:00 = 9:15).

What is the formula for calculating timesheet hours? ›

Step 5: Add formulas for automatic calculations
CalculateCellFormula
Total hoursH16=SUM(H9:H15)
Overtime hoursI16=SUM(I9:I15)
Sick hoursK16=SUM(J9:J15)
Vacation hoursL16=SUM(L9:L15)
6 more rows

What happens if you lose your time card? ›

So employers make ultimatums. “If you don't turn in your timesheet, you won't get paid.” This isn't legal, however. The Department of Labor requires that employers pay their employees regardless of a missing time card.

What is the formula for calculating time? ›

To solve for time, divide the distance traveled by the rate. For example, if Cole drives his car 45 km per hour and travels a total of 225 km, then he traveled for 225/45 = 5 hours.

How to calculate clock time? ›

To calculate the duration of time, you can draw a line with the start time at one end and the end time at the other. If the start time is not directly on the hour, add up the minutes to the next greatest hour. Do the same with the end time but to the next smallest hour. Add up the hours in between.

What is clock card method? ›

A time card, also known as a punch card or clock card, is a physical or digital record used by workers to track the number of hours they have worked during a particular period.

How to calculate time tracking? ›

How to Calculate Hours Worked: Tracking and Calculating Work Hours
  1. Set the Start and End Times.
  2. Convert Work Hours to Military Time.
  3. Subtract the Start Time From the End Time.
  4. Subtract Unpaid Breaks.
  5. Convert the Minutes to Decimals.
  6. Add Total Hours for Pay Period.

How to calculate hours worked and pay? ›

To calculate hours and minutes for payroll, first, total all the hours and minutes worked by each employee during the pay period. Then, convert the minutes into decimal form (60 minutes = 1 hour) and multiply the total hours worked by the employee's hourly rate to compute their pay.

How do I find out my work hours? ›

How we Calculate Working Hours
  1. Calculate Total Hours for each day: Total Hours = (End Time – Start Time) – Break Time.
  2. Repeat this calculation for Day 1 to Day 7.
  3. Add up the Total Hours from each day to get the total Hours Worked for the week.

How do you calculate working hours? ›

How to Calculate Employee Hours Worked
  1. 18:15 – 09:00 = 9.15.
  2. 9h15mins (time worked) – 1 (hour break) = 8h15mins worked in total (excluding break)
  3. 15 minutes / 60 = 0.25.
  4. 8.25 (hours per day) x 5 (days per week) = 41.25 hours worked per week.
May 6, 2024

Is there a free simple work hours tracker? ›

Clockify is a time tracker and timesheet app that lets you track work hours across projects. Unlimited users, free forever. Start tracking time — It's Free!

How to calculate the time value? ›

How to Calculate TVM
  1. FV = PV x [ 1 + (i / n) ] (n x t)
  2. PV = FV / [ 1 + (i / n) ] (n x t)
  3. Project A: PV = FV / [ 1 + (i / n) ] (n x t) PV = 2,000,000 / [ 1 + (.04 / 1) ] (1 x 1) ...
  4. Project C: PV = FV / [ 1 + (i / n) ] (n x t) PV = 3,000,000 / [ 1 + (.04 / 1) ] (1 x 2) ...
  5. =PV(rate,nper,pmt,FV,type)
Jun 16, 2022

How do I convert timecard hours? ›

Time Card Conversion Examples

Let's say another employee worked 7 hours and 45 minutes. To convert this to decimal form, you would divide the minutes worked by 60, which gives you 0.75. Then, you would add that decimal to the total number of hours worked, which gives you 7.75 hours.

How much is 10 minutes on a time card? ›

Minute Conversion Chart
MinutesDecimal Conversion
100.17
110.18
120.20
130.22
26 more rows

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