Colama - How to configure a Windows machine to read the hardware clock as local time

For Windows XP and Windows Server 2003:

Right-click My Computer, and then click Properties.
-or-
Click Start, click Run, type sysdm.cpl, and then click OK.
On the Advanced tab, click Settings under Startup and Recovery.
Under System Startup, click Edit.
This should open boot.ini file. Find the line that looks like this:
multi(0)disk(0)rdisk(0)partition(1)\WINDOWS="Microsoft Windows XP Professional" /fastdetect
Append the option /usepmtimer to the line so that looks like below:
multi(0)disk(0)rdisk(0)partition(1)\WINDOWS="Microsoft Windows XP Professional" /fastdetect /usepmtimer
Save -> Close -> Restart your machine.

For Windows Vista and later, follow these steps:

Open the Windows guest.
Open the Accessories menu of the start menu. Right click on the Command Prompt application, select Run as Administrator.
Confirm the security exception, if prompted.
Set the boot manager to use the platform clock. This should instruct Windows to use the PM timer for the primary clock source. The system UUID ({default} in the example below) should be changed if the system UUID is different than the default boot device.
Enter the command as shown below:
C:\Windows\system32>bcdedit /set {default} USEPLATFORMCLOCK on
Restart the machine.