Universal Accounting Center has heard your requests for more accounting news and tips. Here are a few timely financial events we thought might interest you . QuickBooks Time Tracker: A Feature That May Save You Time This QuickBooks Add-On is intended to make tracking timesheets much easier. For those accountants who manage payroll for small businesses, this will eliminate the need to retype timesheet information; the employees track their own time and it gets transferred into QuickBooks automatically. Data can be collected over the internet, allowing you to accomplish timely billing with fewer errors. A 60-day trial is included with the 2007 versions of QuickBooks Pro and Premier. For more information visit Intuit’s QuickBooks website . The IRS Announces a Formula for Calculating Telephone Excise Tax Refunds In May of 2006 the Treasure Department announced that beginning April 1 the government would no longer collect federal excise tax on long...