Track My Hours - without a doubt has the exact feature set you are looking for:

1. Can track hours, with clock in/clock out functionality
2. Can do manual entries, also can specify that some employees can't do manual entries (important for us, because our min wage employees we don't want editing their hours)
3. Tracks unlimited number of Jobs and clients, or can be used for internal use only (In other words it works as a "time clock" for hourly employees, but also a task manager for consultants.
4. Very good reporting interface.
5. Tracks invoices, printable versions, and which ones were paid in simple and efficient manner.
6. Unlimited employees/consultants

alt text http://img843.imageshack.us/img843/6271/tmh.png

Track My Hours - without a doubt has the exact feature set you are looking for:

1. Can track hours, with clock in/clock out functionality
2. Can do manual entries, also can specify that some employees can't do manual entries (important for us, because our min wage employees we don't want editing their hours)
3. Tracks unlimited number of Jobs and clients, or can be used for internal use only (In other words it works as a "time clock" for hourly employees, but also a task manager for consultants.
4. Very good reporting interface.
5. Tracks invoices, printable versions, and which ones were paid in simple and efficient manner.
6. Unlimited employees/consultants