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

What is the 7 minute rule on a time card calculator? ›

To calculate the rounded time, add 7 to the actual minute the employee clocks in or out. Divide the result by 15 and round it to the nearest whole number. Multiply the rounded result by 15 to get the final rounded time.

What is the easiest way to calculate hours 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).

How do you calculate minutes on a time card? ›

Step 1: Divide the minutes by 60 to convert them into decimal form. Step 2: Add the decimal form of the minutes to the hours. Step 3: The result obtained in step 2 represents the time duration in decimal format.

How do you calculate how much time passes? ›

Calculate the duration between two times

First, identify the starting and an ending time. The goal is to subtract the starting time from the ending time under the correct conditions. If the times are not already in 24-hour time, convert them to 24-hour time. AM hours are the same in both 12-hour and 24-hour time.

How much is 10 minutes on a time card? ›

For example, 10 minutes in decimal hours is 0.17. When you divide 10 by 60, you get 0.16666666666.

What is the formula for calculating time? ›

The formula for time is given as [Time = Distance ÷ Speed]. To calculate the speed, the time formula will be molded as [Speed = Distance Travelled ÷ Time].

What is clock card method? ›

Time Clock Method. This is a mechanical method and is quite useful in recording the attendance of workers entering an establishment. Under this system, a time clock card is used to record attendance, which is allotted to every worker with their identification number, as well as other relevant details.

How to calculate clock time? ›

Subtract the start hours from the end hours to calculate the time difference (e.g., 1400 - 900 = 500). Then, do the same with minutes (e.g., 15 - 30 = -15).

How to calculate time card manually? ›

How to Manually Calculate Hours Worked
  1. Step 1: Determine each workday's start and end time. ...
  2. Step 2: Convert the time to military time. ...
  3. Step 3: Calculate the time difference. ...
  4. Step 4: Subtract unpaid breaks. ...
  5. Step 5: Convert the remaining time to decimal format. ...
  6. Step 6: Add up the total hours worked for the pay period.
Sep 2, 2022

What is 8am to 5pm? ›

8am to 5pm is 9 hours - calculate time between any two hours while you type. 8am to 5pm is how many hours? Typically, you need to find a calculator, calculate the hours worked and then copy it over. This process takes time and you can easily make mistakes.

How do I calculate my average hours worked? ›

Add up the number of hours from each week to get your total. Divide by the total number of weeks. The resulting number is the average hours you would have worked during weeks when you took your previous leave.

How to calculate the time value? ›

For calculating future value of money:
  1. Daily Compounding: FV = INR 10,000 x [1 + (10% / 365)] ^ (365 x 1) = INR 11,052.
  2. Monthly Compounding: FV = INR10,000 x [1 + (10% / 12)] ^ (12 x 1) = INR 11,047.
  3. Quarterly Compounding: FV = INR 10,000 x [1 + (10% / 4)] ^ (4 x 1) = INR 11,038.

How do you calculate timestamp? ›

Timestamp Calculation
  1. Divide the 8-byte date or time by 65536 and put the quotient in the high order timestamp register.
  2. Multiply the quotient by 65536, subtract the result from the original number and put the result in the low order timestamp register.

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.

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