You don't say what version of Timeslips, or where it is on your server, both of which would be useful pieces of information.   My answer will be very generic.  Assuming your program and data are installed in a similar location.  For example, the program is on T:\Apps\Timeslips and the data is T:\Apps\Timeslips\Data01

In theory, you could move, from Timeslips on down the entire folder and subfolder above to something like C:\Program Files (x86)\     so that you'd end up with the program in C:\Program Files (x86)\Timeslips

If you moved it, instead of copied, then the first time you launch it, you'll get an error message that it can't find the cfg file, and you then have to point it to C:\Program Files (x86)\Timeslips     next you will get a message to find the database which will be C:\Program Files (x86)\Timeslips\Data01

Your mileage may vary  

I have a Sage Timeslips Knowledgebase article that can help with that Click Here