ASSET Product Line

ASSET Timesheet Entry

ASSET/Time-sheet Entry is an extension to the ASSET Recruitment software which caters for the capture of workers' time-sheets and the subsequent automatic production of payments to workers and invoices to clients.

Inputting Time-sheets

The worker's details are retrieved from the database and checked. Then, for each job the contractor has worked on in the period, a lookup is made on the placement file so that the detail from the time-sheet may be verified.

The time-sheet details are then saved and may be recalled and amended at any time prior to processing. A time-sheet summary report lists all unprocessed time-sheets by worker.

Payments to Workers

A worker may be paid on invoice or payroll basis according to an indicator on the worker's record.

Self-billing invoices are prepared for each worker which show up to six sets of hours and rates for each job. VAT is added automatically if the worker has provided a VAT registration number. The invoices are generated as word-processed documents using a template that may be tailoured. The invoices raised are transmitted automatically to the accounts payable software.

The payments to be made via payroll are summarised as a report which totals the hours at each rate for re-keying into the payroll software.

Invoices to Clients

Client invoices are created from the time-sheet information. The client billing cycle and the worker payments do not have to be synchronised.

Invoices are prepared for each client with the option to show a single worker per invoice or else a combined invoice for all workers in the period. VAT is added automatically. The invoices are generated as word-processed documents using a template that may be tailored.

The invoices raised are transmitted automatically to the accounts receivable software.