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Hi TheNonyanon. Thanks for the reply. Time tracking in QuickBooks Online is a simple task. Depending on which payroll product you use through the process can be slightly different. So to ensure you get set up correctly, here's a link to the article for how to set up time tracking:
Adding the Owner as an employee simply for time tracking will cause no changes, but if you run payroll with this time added unintentionally it will change your current payroll liability.
Let me know if you need anything else, I'm always here to help and enjoy the rest of your day.