This tool converts standard time (HH:MM) into a decimal format suitable for payroll processing and billing systems.
Formula: Hours + (Minutes / 60)
Total Decimal Hours: 0
Decimal hours, also known as industrial time, simplify bookkeeping by allowing time to be multiplied by hourly rates. This format is widely used in payroll processing to streamline calculations and reduce errors that occur when working with minutes.
Decimal Hours = Hours + (Minutes ÷ 60)
Imagine you have worked for 8 hours and 15 minutes.
Because standard payroll systems calculate pay by multiplying a rate by a single numeric value. It is much easier for a computer or a human to multiply 8.25 by $20 than it is to multiply 8 hours and 15 minutes by $20.
No, it is just a different way of representing the same amount of time. 8.25 hours is exactly equal to 8 hours and 15 minutes.
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