![]() On the other hand, if inaccurate calculations lead to overpayment, the firm will bear unnecessary expenses. Decimal time conversion also helps companies minimize errors and avoid problems arising from incorrect time calculations.įor example, if work time is inaccurately calculated during payroll and the total pay is a lower amount of compensation, hourly employees can take legal action against the business. This requires conversion into decimal form since pay rates can’t be calculated off hours and minutes. The manager needs to accurately calculate the payable amounts for each hourly employee, either by rounding off time or using actual hours. For example, in an 8 hour day, one employee might work for 7 hours and 49 minutes, while another employee works for 8 hours and 23 minutes. While not every business may keep track of employee hours, timesheet conversion is essential for companies that hire hourly employees.Įmployees don’t work perfect hours. If your organization uses military time (24 hour clock), timesheet conversion will involve converting military time into standard hours before converting it to the decimal format. Once all employee time is converted from standard hours to decimal time, the decimal time is multiplied by the respective wage rates, and taxes are subtracted to obtain the final amount. This helps companies handle the payroll process easily since all their time records follow a standard format after conversion. Timesheet conversion is the process of converting hours and minutes into decimal form. 3 Steps To Follow When Converting Time For Payroll.(Click on any link below and jump to a section of your choice) We’ll also show you how to use time tracking tools to convert hours and minutes into decimal form with ease. In this article, we’ll tell you why timesheet conversion is important and how you can convert time for the payroll process. However, many firms have trouble with accurately calculating decimal time, resulting in problems when compensating employees. Turning standard tracked time (hours and minutes) into decimal time makes payroll calculation a lot easier for companies. =HOUR(A2) * 3600 + MINUTE(A2) * 60 + SECOND(A2)Īgain, the formula in B2 of the above spreadsheet returns the value 9030.Timesheet conversion is essential for businesses that track employee hours. The same result can be obtained using the Excel Hour, Minute and Second functions, as shown below: (The reason that this method works is because Excel times are internally stored as decimal values, with the value 1.0 used to represent 24 hours, and therefore, the value 1/86400 used to represent 1 second). 2 hours 30 minutes and 30 seconds is equal to 9030 seconds. The easiest way to convert a time to a number of seconds is to simply multiply the time by 86400, which is equal to 24*60*60 (the number of seconds in one day):įor the time 02:30:30, the formula in B2 of the above spreadsheet returns the value 9030. The spreadsheets below show the formulas that can be used to convert a time to a number of seconds in Excel. =HOUR(A2) * 60 + MINUTE(A2) + SECOND(A2) / 60Īgain, the formula in cell B2 of the above spreadsheet returns the value 150.5. The same result can also be obtained using the Excel Hour, Minute and Second functions, as shown in the spreadsheet below: (The reason that this method works is because Excel times are internally stored as decimal values, with the value 1.0 used to represent 24 hours, and therefore, the value 1/1440 used to represent 1 minute). 2 hours 30 minutes and 30 seconds is equal to 150.5 minutes. The simplest way to convert a time to a number of minutes is to multiply the time by 1440, which is equal to 24*60 (the number of minutes in one day):įor the time 02:30:30, the formula in cell B2 of the above spreadsheet returns the value 150.5. =HOUR(A2) + MINUTE(A2) / 60 + SECOND(A2) / 3600Īgain, the formula in cell B2 of the above spreadsheet returns the value 2.5.Ĭell B2 of the spreadsheets below show the two formulas that can be used to convert a time to a number of minutes in Excel. Although this formula is much longer than the simple multiplication shown above, some people prefer it. The second formula that can be used to provide the same result uses the Excel Hour, Minute, and Second functions. (The reason that this method works is because Excel times are internally stored as decimal values, with the value 1.0 used to represent 24 hours, and therefore, the value 1/24 used to represent 1 hour). 2 hours 30 minutes and 0 seconds is equal to 2.5 hours. The formula in cell B2 of the above spreadsheet returns the value 2.5. In this case, the time is simply multiplied by 24 (the number of hours in one day). The simplest formula to convert a time to a number of hours is shown below. The following spreadsheets show two different formulas that can be used to convert a time to a number of hours in Excel.
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