You can use to a T or to a tee to mean perfectly or exactly right. For example, if something suits you to a T, it suits you perfectly. If you have got an activity or a skill down to a T, you have succeeded in doing it exactly right. (Collins)
Suit TO a tee -
For clothing :
That shirt is perfect on you. The colour suits you to a tee.
Regarding time, the post above explains the usage. Basically, the suggested time is good for me.
I usually say, "That works for me," but that can be replaced by, "That suits me to a tee," regarding a suggested time.
Hope that helps.