Projects

Projects are organized endeavors with specific objectives, timelines, and resources allocated to achieve those objectives. In a business context, projects can vary widely in scope and purpose, ranging from internal initiatives aimed at improving processes or developing new products to client-facing endeavors aimed at delivering specific products or services.

Here's a breakdown of internal projects and customer-phased projects in terms of entering expenses and timesheets:

Internal Projects

Internal projects are initiatives undertaken within the organization to achieve strategic objectives, improve operations, or develop new capabilities. These projects are not directly tied to serving external clients but are essential for the organization's growth and efficiency.

Expense Tracking

Expenses related to internal projects are typically tracked to monitor costs associated with the project's resources, materials, or services. These expenses may include salaries and wages of employees working on the project, materials and supplies, equipment rentals, software licenses, and any other costs directly attributable to the project.

Timesheet Entry

Employees working on internal projects may be required to enter their time spent on project-related activities into a timesheet. This allows the organization to track labor costs, allocate resources efficiently, and monitor progress against project timelines.

Customer-Phased Projects

Customer-phased projects involve delivering products or services to external clients according to predefined specifications, timelines, and budgets. These projects are initiated in response to specific client needs or requirements.

Expense Tracking

Expenses associated with customer-phased projects include costs directly incurred to fulfill the requirements. These expenses may include labor costs for employees working on the project, travel expenses, subcontractor costs, materials and supplies specific to the project, and any other expenses directly attributable to fulfilling the client's requirements.

Timesheet Entry

Employees working on customer-phased projects are typically required to enter their time spent on project-related activities into timesheets. It allows the organization to track billable hours, invoice clients accurately, and monitor project progress. Timesheets for customer-phased projects may also include the client name, project name or code, and specific tasks or activities performed.


Internal and customer-phased projects involve entering expenses and timesheets to track costs, allocate resources efficiently, monitor progress, and ensure accurate billing or accounting. However, the specific expenses and timesheet entries may vary depending on the project's nature and objectives.