January 28, 2012

Checking on Our Timekeeping Methods

My company is providing consulting services on site of a federal agency. It has a 5-year contract with the federal government at this location. Our human resources department was recently reminded that the software which we use to keep track of employee hours must be compliant with dcaa timekeeping guidelines. This is to make sure that the time reported by our company is accurate. This compliance includes tracking of any changes made to the timekeeping after it has been reported. Our human resources manager verified that the software used is compliant, so there is no problem there. The government is our company’s largest client. Obviously, we do not want to lose this client over any deviations from standard procedures. Because of the amount of audit that goes on, we must be very careful in making sure that we follow the reporting rules that were provided to us when we began this contract.

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