What are time tickets and expense tickets used for?

Time Tickets and Expense

Tickets

Time tickets and Expense tickets are

used to track expenses and time when

working with the customers. Let's

take a closer look at what Time tickets and Expense

Tickets are.

Time tickets are

used to record time-based activities like research or

consultations. Time tickets record the activities record the

activities of either an employee or a vendor. They are two methods

that are used to record time, they are daily and weekly. The

billing rate that is used for recording activities can be based on

the different changes the employee who records it or one of the

five billing rates assigned to the activity item. The time ticket

can be recorded at the same time of the billing.

Expense tickets

are used to track and help in the recovery of customer related

expenses. The expenses are not based on time. Expenses can be based

on the many changes that are related to the service that is being

offered.

Both time tickets

and Expense tickets are used to keep track of services so that a

company can bill the customer. The time tickets are use to track

the time that is used to help the customer. For example, a piano

teacher will charge a student by the hour. The piano teacher would

use a time ticket to keep track of the time that they sent with the

teacher. The Expense tickets are not based on the amount of time

that the company will spend on the services; it is determined by

the unit price of the charge item multiplied by the quantity. For

example, the piano teacher would use the Expense ticket to record

the price of the piano books that the student needed.