Free Timesheet Excel Templates For Business

  • May 23, 2016
  • by Jakub Szyszka
  • 4 comments

Timesheet Excel Templates

We have a great pleasure to present you 4 advanced and incredibly useful timesheet Excel templates, which allow calculating the profitability of projects. Those templates are created mostly for the hospitality industry, but they can also be used in other industries.

Introducing our fully customizable
Timesheet Excel Templates for Business!

Note: How the templates work is explained on hospitality industry example, but you can replace rooms with any other resource.

Templates are ready to download in three different formats (their names are placed next to them).

Sales Budget Templates

A template is a tool helping you plan your expected performance breaking t down to revenues of all hotel departments. It is pretty easy and obvious to use.

After completing the budget template, you want to focus on properly performed data input into performance variation of the budget template. Make sure to fill it out monthly, based on real performance data obtained from hotel’ s PMS, broken down to all departments.

Timesheet Excel Templates

To focus on the figures and their analysis go to a performance template sub – chart helping you see the difference in performance between what’s planned and performed on a monthly basis.

  • Download free excel template:              (XLS)    (XLSX)   (ODS)

 

Monthly Templates

This tool is a way to measure booking pace and pick up on a daily basis referred to month overall totals.

It is recommended to put in use periodically e.g. quarterly or have it put in a permanent use by your full-time rate/yield/revenue manager. Use a different template every day chronologically. Input some rooms booked in a cell assigned to a correct segment and distribution channel, make sure to input only daily totals into respective cells. 

This will allow monitoring the daily parameters versus monthly totals correctly.

You can implement the study measuring one, two or tree months ahead, thus you can measure your pace/pick up based on forecasted data or you can limit data input to real performance and measure your parameters backward (Each bookmark features three months ahead pattern).

Timesheet Excel Templates

The time reference is up; you may work including the month you are in or measure randomly selected months to come – do not worry about add dates and weekdays, all has been input for explanatory reasons. The template has been made to work for you so that you can rectify freely.

  • Download free excel template:         (XLS)    (XLSX)    (ODS)

 

Daily Performance Templates

The template is a tool to analyze your last hotel night performance in the room division department. All you want to use to make it work is a daily sold real number of units, a real RD net revenue and real net room revenue performed.

Timesheet Excel Templates

Before you start to use it remember to put a real room potential of your hotel in column C and to input your real averaged room cost into formulas in columns S and T. Then you are good to go. More on room cost in a separate template.

  • Download free excel template:     (XLS)    (XLSX)    (ODS)

 

Analytics Templates

The template can replace in full a complicated allocation of cost in all the hotel sectors. It’s possible to count cash flows based on a breakdown of costs like bar, room division, office, spa, kitchen, wellness, marketing, F&B, restaurant and many others.

Timesheet Excel Templates

The proper costs qualification connected with revenues for the market seasonality allows you to calculate the profitability of your projects and point financial surpluses and shortages.

  • Download free excel template:                (XLS)    (XLSX)    (ODS)

 

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Tracking time is essential when running a business. Manage your time and resources with timesheets or use automatic solution – a reliable time tracking software! [/SEOINS_CONTENT][SEOINS_ICON] icon-check [/SEOINS_ICON][/SEOINS]

Jakub Szyszka

Content Marketing Specialist at TimeCamp. Passionate about being another frustrated musician ;) Most recently immersed in the adventurous world of content marketing and brand building.

4 Comments

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