Abstract: A timesheet reporting and extraction system and method includes accepting time entry data from a first user using a computing device. The entered data is compared to a predefined work schedule and discrepancies are noted for overtime or other compensation adjustments. Timesheet information and adjustment information are organized into a file and uploaded to a server for database storage and report processing, and may be converted and output to a central processing system such as a payroll system. A second user approves timesheet entries using a second computing device.