A time sheet template is a piece of paper for recording the number of hours an employee has worked in an organization. It is used by management of an organization to record the time on which employees worked on the project. Basically, this sheet clearly states when an employee enters the premises to start his/her work as well as when he/she goes out. Later on, when finalizing compensation matters for employees, like calculating deductions, total salaries, overtime payments and bonuses, this sheet is used. The purpose of using this sheet is to help employers with determining the efficiency of employees. The regularity or punctuality award is also decided on the basis of this sheet. The time sheet is a necessary component for those people who want to complete assigned tasks on time. Moreover, different companies prefer to use this sheet to keep a check on employees who are working on different projects. Why a Time Sheet is Required? A time sheet format is required because it helps you with knowing what you and your employees are working on. It is used as a tracker that tracks the efficiency of your employees by comparing the time they put to work with