Minimum Number of Hours Per Working Day not available on the Accounting Preferences

The preferences to limit the timesheet hours are included in the accounting preferences. The preferences are,

1. Minimum Number of Hours Per Week
2. Maximum Number of Hours Per Week
3. Minimum Number of Hours Per Working Day
4. Maximum Number of Hours Allowed Per Working Day
5. Minimum Number of Hours Per Time Entry

However, when navigating to Setup > Accounting > Accounting Preferences > Time & Expenses tab > Time Tracking section, there are no features available for these two (2):

1. Minimum Number of Hours Per Week; and
2. Minimum Number of Hours Per Working Day

The preferences will show once the Advanced Approvals on Time Records is activated. To activate the preference, navigate to Setup > Accounting > Accounting Preferences > Time & Expenses > Time Tracking section > Advanced Approvals on Time Records = True