The following is out of the domino Admin help
The Domino server time zone and daylight savings time settings should match those of servers with which a server replicates. If the settings do not match, you may experience unexpected behavior from agents that run at a scheduled time.
Note Be sure the time zone and daylight savings time are set correctly for the server's operating system.
To change whether the server uses the operating system settings, change the settings in the Time zone andDST fields in the Server Location section of the Server document in the Domino Directory -- for example, after upgrading a server to Release 5.
Note Do not change the operating system time zone or daylight savings time settings between the time you configure the server and the first time you run it.
Note If you change the time zone or daylight savings time for the operating system while the Domino server is running, the new settings do not take effect until you restart the server.
If you only have the Notes Client on the machine
by default it will use the system date and time.
Check the notes.ini file for the entry
Timezone=XX and ensure that the entry is blank. If you are connecting to a domino server in a different time zone ensure that the time zone is set as recommended in the above help page (When you connect to the server the client will display the server time, not the local time.
Cheers
Peter