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Lesson X—Time & Billing
The Time & Billing Process
189
The Time & Billing Process
Time & Billing can track time spent on various activities and record internal 
use of company resources on behalf of customers or jobs. If you choose, 
recorded time and expenses can later be billed to customers on sales invoices. 
If you use payroll, timed activities can be applied to an employee’s paycheck. 
Time & Billing can also be used to effectively manage administrative activities 
and overhead expenses for your business.
This lesson demonstrates a typical Time & Billing process. It summarizes all 
the procedures and areas of Time & Billing used in Peachtree Accounting. 
Recording daily time tickets
Using a weekly time sheet
Recording billable and non-billable expense tickets
Entering reimbursable expenses for a job
Paying employees based on time-ticket hours (payroll)
Reimbursing employees for out-of-pocket expenses
Billing customers for the work completed (time spent, expenses 
incurred, and charges that need to be recovered).
Understanding the Scenario
Cherokee Community Theater, a customer of ours, has asked us to design and 
print an upcoming membership campaign packet to be mailed to potential 
subscribers. The membership packet includes the following:
a color brochure describing upcoming performances
a cover letter from the theater president
a new subscription form