Difference between revisions of "Timekeeping Policies and Procedures"

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(Created page with "== Timekeeping Policies and Procedures == The following are Timekeeping Policies and Procedures that the US Government like to see a contractor have: * Management Reviews *...")
 
 
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== Timekeeping Policies and Procedures ==
 
== Timekeeping Policies and Procedures ==
  
The following are Timekeeping Policies and Procedures that the US Government like to see a contractor have:
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The following are timekeeping elements that should be incorporated into a contractors polices and procedures. 
  
 
* Management Reviews
 
* Management Reviews

Latest revision as of 17:17, 21 January 2015

Timekeeping Policies and Procedures

The following are timekeeping elements that should be incorporated into a contractors polices and procedures.

  • Management Reviews
  • Employee Awareness Training
  • Timekeeping Access Control
    • Terminated Employees
    • Idle Workstations
  • Daily Recording Requirement
  • Ethics or Conduct Violation
  • Treatment of Overtime
  • Labor Cost Accounting - Overtime Premium
  • Labor Cost Accounting - Sensitive Labor Accounts
  • Labor Cost Accounting - Compliance with Contract Terms
  • Payroll Preparation and Payment
  • Labor Transfers and Adjustments
  • Suspense Accounts