How to Use time/timestamp fields with FileMaker Pro 10

When defining fields in FileMaker Pro 10, one has to choose what type of field to decide for a database. There are two fields that accommodate special handling of data. They are time and time stamp fields. When one decides a field under manage>database,there is a option for "type". Under that, there is time and time stamp. The "time" one determines the time while the "time stamp" determines the time and date. This will help in preparing a proper and detailed database system.