Hi,
if you decide to track the Task progress via MS PROJECT SERVER 2010 timesheet than you have to define Time Reporting Periods. To do that go to Server Settings and then Time Reporting Periods:

You will get:

I want to create one period per week in 2012. So I will put:
- Number of periods to be created: 52
- Date the first period Starts: 01.01.2012
- Length of the standard period (days): 1
- Prefix: FP2012-
and I will hit the Create Bulk button, because I don’t want to create each period manually, and I will get:

Now, look at the last period:

I want one more period from 30.12.2012 to 31.12.2012. So I will select last period and I will click on the Insert After button, and I will create this period manually:

Status of each period can be Open or Closed. If it is Closed nobody will be able to report Task progressing, or any other activity for that (closed) period!
Regards!
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About Nenad Trajkovski
Location: Zagreb, Croatia
Occupation: Project Manager
Interests: Project Management and MS PROJECT
He was born in Zagreb, Croatia at 1963. After completing his college he started working on projects in different business areas (banking, manufacturing, automotive industry, distribution, oil companies, etc.) developing and implementing ERP systems into different companies. He has got a lot of experience working with people in different business processes and also possesses great knowledge in information technologies and financial services. Today he works as a business consultant, adn Project Manager in PERPETUUM MOBILE d.o.o. Zagreb. He is a regular lecturer for Project Management in MS Innovation Center in Varaždin, Logosoft Sarajevo in Bosnia and Herzegovina and SEAVUS GROUP in Skopje Macedonia. He was named the best lecturer of WINDAYS 2008 while his lecture was also voted as the best. In addition, he was in TOP 10 lecturers at the MS SINERGY 2009 and MS VISIA 2009, 2010. Shares first place as the best lecturer of KulenDays 2009 and 2010 and PMI Conference 2009 in Zagreb. He is also a regular lecturer in the MS Community. He is a Certified Accountant and a PMP (Project Manager Professional) and a PMI-RMP (Risk Manager Professional), MCP, MCT, and Microsoft Certified Technical Specialist - Microsoft Project 2010. From 01.01.2012 awarded with MVP (Microsoft Most Valuable Proffesional - Microsoft Project)!