Tips of the Month - November, 2008 QuickBooks: Use of Time Sheets The time sheets can be used both to pay employees and to bill clients for employee’s time. Go to Employees        Enter Time               Use weekly timesheet                     Or                Time/single activity        Enter Employee Name        Enter Customer to be billed        Enter appropriate service item        Enter any memo in Notes filed        Enter Hours worked in the appropriate date filed        Check the billable box if you want to bill this client for these hours Tax: Fringe Benefits The IRS is considering loosening the rules that tax personal use of employer provided cell phones. Workers must now document the business purpose, time and place of calls. Lawmakers say cell phone usage should be on par with that of company desk phones and email, which need not be tracked. Read More Tips of the Month:

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