Available in Sage 50 Premium Accounting and higher.
Time and expenses are recorded by either employees or vendors set up in Sage 50.
Employees (hourly or salaried) record most time and expenses. Sage 50 can help an individual track time spent for services performed for a customer, for a job, or for administrative purposes. An employee can also record out-of-pocket expenses that may be reimbursable by the business. For more information, see Payroll and Time & Billing.
Most businesses traditionally do not track time or expenses for vendors. However, if you contract people or other businesses to do additional work for your company, you may want to record their expenses or hours worked for reporting purposes. Advantages to using vendors in Time & Billing include:
For Whom or Why Is Time and Expense Being Recorded?
How Is Time and Expense Recorded?
What Time or Expense is Being Recorded?
Which should I use: Time & Billing or reimbursable expenses?