As a business owner, it can be costly if you don't have accurate timesheets on hand. That's why we recommend taking these steps to help minimize timesheet discrepancies.
To start, having a transparent time-tracking system in place ensures employees understand how their time is being tracked and why it matters. Additionally, making sure there is a clear time theft policy helps employees understand the consequences of submitting inaccurate timesheets.
Templates for completing timesheets are also helpful as they make sure all required data is included to lower errors. It’s also important to review each timesheet prior to submission to quickly identify any possible issues before sending them off.
Lastly, practicing the habit of filling out the timesheet every day rather than waiting for the end of the week avoids forgetting tasks that need to be accounted for in between time frames. With these simple yet effective tips in mind, your business should have fewer discrepancy problems and an increased bottom line that you'll both appreciate.