Income & Work

What Is a Timesheet?

A timesheet is a record of the hours an employee or contractor works, typically listing start and end times, breaks, and totals for each day and week. Employers use timesheets for payroll and overtime calculations, and freelancers use them for client billing.

Calculating Hours

Daily hours = end time − start time − unpaid breaks. For payroll, minutes are often converted to decimal hours: 7 hours 45 minutes = 7.75 hours.

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Last updated: September 27, 2026. This definition is for general educational purposes only. It is not financial, investment, tax, legal, or medical advice, and it does not recommend any product or course of action. For decisions about your own situation, consult a qualified professional.