- #Time card conversion calculator how to
- #Time card conversion calculator full
- #Time card conversion calculator software
If you use the standard format, it’s easy to get confused and end up with incorrect wages. Using decimal hours format is a great way for employers to manage payroll because it’s much simpler than using standard hours and minutes. Remember, it’s important to round your employees’ time correctly to avoid any legal issues or complications with payroll calculations. So even though the employee actually worked for 8 hours and 22 minutes, you’ll round it up to 8 hours and 30 minutes.
#Time card conversion calculator full
And you’ll need to round the clock-out time up to 5:30 PM because it’s more than eight full minutes past the previous quarter. In reality, they worked for 8 hours and 22 minutes that day.īut when you round their time, you’ll need to round the clock-in time down to 9:00 AM because it’s less than eight minutes past the quarter-hour. Here’s an example: let’s say you have an employee who clocks in at 9:03 AM and clocks out at 5:25 PM, without taking a lunch break. That means that each quarter consists of 15 minutes, and you’ll need to adjust your rounding accordingly. Under US Federal law, you’re allowed to round hours to the nearest quarter. Note: When you calculate the total work hours, remember to account for the lunch break and overtime.Īs an employer, you can choose to round your employees’ work hours to make payroll calculations easier. If we add that to the 40 hours they worked, we get a total of 41 hours and 13 minutes for the pay period. That leaves us with 1 hour and 13 minutes. To convert those 73 minutes into hours, we need to divide by 60 (since there are 60 minutes in an hour). That’s a total of 73 minutes for the week. Let’s say they worked 17, 27, 5, 14, and 10 minutes each day, respectively. But we also need to account for the minutes they worked. So, for this employee, they worked 40 hours in total (8 hours a day x 5 days). To figure out their total work hours, you’ll need to add up the hours and minutes separately. Let’s say you have an employee who works 8 hours a day for 5 days a week and has lunch at their desk, so they don’t need to clock in and out for a lunch break. You can find this information on their timesheet or employee time tracking system. If you want to calculate your employees’ pay based on the actual hours they worked, you’ll need to gather the total hours and minutes they worked during the pay period. If you’re using rounded hours, you’ll need to round the clock-in and clock-out times to the nearest quarter-hour. If you’re using actual work hours, you’ll need to add up the hours and minutes separately and convert any remaining minutes into hours.ĭon’t forget to account for lunch breaks and overtime. To do this, you can either use the actual work hours that your employee has recorded or use rounded hours as defined under US Federal law.
#Time card conversion calculator how to
Time to decimal chart How to convert time to payroll Step 1. Some people do time card conversion manually, but there are also tools like Homebase that can automate the process and make it more efficient. And just like before, it’s important to make sure that the time card conversion is accurate to ensure that your employees are paid fairly and on time. This is the decimal form that you would use to calculate their pay based on their hourly wage. Then, you would add that decimal to the total number of hours worked, which gives you 7.75 hours. To convert this to decimal form, you would divide the minutes worked by 60, which gives you 0.75. Let’s say another employee worked 7 hours and 45 minutes. This decimal form is what you would use to figure out the employee’s pay based on their hourly wage. If an employee has worked 8 hours and 30 minutes, you would convert that to 8.5 hours in decimal form. It’s important to get this right because you want to make sure that employees are paid accurately, avoid time clock fraud and ensure you’re paying your team in accordance with labor laws and company policies. Time card conversion is the process of turning the hours and minutes that an employee has worked into a format that can be used to calculate their pay.
#Time card conversion calculator software
We’ll even introduce you to some time tracking software that can automate the process for you. In this article, we’ll walk you through the steps of time card conversion, how to convert timesheets to decimal and provide tips and tricks to make the process more efficient. Time card conversion can be a tricky process that eats up valuable time and resources for small businesses. Do you find yourself spending endless hours manually calculating employee work hours and pay, only to end up with confusing and potentially inaccurate results? You’re not alone.
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