Nowadays, most of the reputed organisations prefer to use online timesheets to maintain the time record. Time record refers to the employee time details as well as project details. In other words, it refers to the starting and ending time of the project. Using such timesheet not only saves the company’s time as well as save the expenses that it would have otherwise spend. In other words, if the attendance sheet would have been maintained manually, an employee would have been appointed to look after the manual sheet. As a result, the company would have been required to pay salary to that employee.