Contracts365 provides robust functionality for capturing and managing labour costs. Timesheets can be processed either through the Timesheet Module or directly via the Xperience Timesheet Portal.
Once timesheets are approved and posted, the costs can be automatically posted to the Contracts Ledger or imported into your payroll system. A journal entry for contract costs, including additional expenses such as Employers NI, Pensions, and Holiday Pay, can then be generated.
Contracts365 seamlessly integrates with various payroll solutions, including Sage and Sirius, ensuring smooth payroll processing and accurate cost allocation.
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Timesheet batches are typically created to align with payroll processing periods. Timesheet entries can be recorded across multiple contracts for each employee, then submitted for approval and posting once reviewed. This streamlined process ensures efficient handling of labour costs across various projects.
The Xperience Timesheet Portal enables operatives to easily enter timesheet data remotely using a smartphone or tablet. Supervisors can then approve these timesheets directly within the portal. Once approved, the timesheets are automatically posted to the Contracts365 Timesheet Module for contract costing or payroll processing.
By eliminating manual, paper-based processes, the portal enhances efficiency, reduces errors, and minimizes queries for both operatives and back-office staff.
For more information about the Timesheet Portal, click here.
Labour costs can either be created directly when timesheets are posted or after payroll has been run to include ‘payroll on-costs’ such as Employers NI, Pensions and Holiday Pay.
Timesheets can be integrated with a number of Payroll solutions including Sage Payroll and Sigma Payroll.
“Xperience took the time to scope out the project which gave us the confidence that the solution would meet our needs. This was especially important to us. We felt reassured knowing that there would not be any broken promises during project delivery, and we were set up for a successful project”
-Thomas West, Business Systems Manager, GMI Construction