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Find reliable Open Source tools in time-keeping and other freeware apps in payroll management that won t likely infect your PC with Trojans. Alternatively you can customize an Excel spreadsheet template into your own time-keeping sheet which you can further configure to automatically update data in other sheets. For example every time the employee logs in or out from the time-keeping sheet the corresponding total number of hours worked by that employee was also updated in real-time within your current payroll sheet. Moreover you can add security to your time-keeping data by installing and running macros that prevented unauthorized editing of the logged times and dates.
Extend the Security and Usability Features of Your Payroll Management System Using a bio-scanner or an RF ID strengthens the security of your time-keeping and payroll management system. A scanner or RF chip embedded in an ID card makes logging on and off your work shift a breeze. This method also prevents employees from knowing and accessing the computer where all of the employees logs were stored. However the bio-scanning device or the RF ID chips may cost too much for you to implement them in your workplace. In contrast you don t have to create a time-keeping and payroll system that consists of elaborate or expensive components.
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Both the hardcopy columnar pad and an electronic spreadsheet version of my financial books were accepted by Revenue Canada. (BTW the audits disclosed more ways for me to claim back additional taxes for the previous three years! Now that s my type of audit!) In your new start-up business venture you likely will generate somewhere between 10 to 30 accounting transactions per month. These transactions would be items like Expense Revenue (sales) Liability (Loan) type transactions and Sales Tax (Federal + State/Provincial) Collection/Deductions. These transactions are further broken down into various Business Accounts.
Consider multiple pages if your spreadsheet needs the space but be sure to make the breaks in the pages or information logical. You do not want to add more confusion by trying to prevent confusion. Ultimately it would be best if users can view the spreadsheet at 100% and it fits your screen. If a user has to decrease the view size to view the spreadsheet in its entirety then the information becomes harder to read. Fonts You should choose one type of font and consistently use it throughout the spreadsheet. The only exception would be titles or headings. The use of a different font will make it that much easier to differentiate between titles and data.