The term ‘DCAA compliance’ when referring to your timekeeping procedures is often just thrown around. If you don’t understand what that means or how to verify that you are DCAA compliant, Hour Timesheet can help. Simply put, DCAA stands for Defense Contract Audit Agency. This is the federal government agency responsible for conducting DCAA audits…
Government contractors that are hoping to get awarded projects from the government have to comply with the regulations set in place by the DCAA. The Defense Contract Audit Agency outlines exactly how businesses should be tracking their time and documenting accounting when working on a government project. The DCAA will audit companies, and ensure they…
You Can’t Manage What You Can’t Measure A key aspect of complying with government regulations is creating processes and utilizing software tools that allow your organization to be compliant. Because we all know you can’t manage what you can’t measure, it is important to understand the basic categories of your organization’s indirect cost pools and…
Making Technology Work For You Today’s technology moves so fast that it’s not easy to keep up with. It seems like new tools are surfacing every day to help business owners and entrepreneurs save time, money and boost productivity. New technology empowers business owners to achieve what they set out to do and allows them…
FLSA Timekeeping Requirements Who does FLSA apply to? One of the FLSA Timekeeping Requirements is that hourly employees must be paid at least the minimum wage and not less than one and one-half times their regular rates of pay for overtime hours worked. What are the timekeeping recordkeeping requirements? Every covered employer must keep certain…
When a business undertakes a government contract, part of the agreement is for their timekeeping and accounting procedures to comply with the Defense Contract Audit Agency (DCAA). DCAA-compliant contracts require daily time tracking, precise records, detailed reporting, and specific manager approvals, all for DCAA audit purposes. Ensuring DCAA compliance can be a lengthy and confusing…
QuickBooks Integration Q&A Common Q&A for Timesheet integration with QuickBooks and Hour Timesheet Question 1. How does QuickBooks sync data with Hour Timesheet? Answer. We utilize the Web Connector (provided by QuickBooks) to sync company data between QuickBooks Desktop and Hour Timesheet in real time. The version of QuickBooks Online offers a direct sync between…
Top Employee Timekeeping Tips Insight into how your employees spend time is critical. That’s why employee timekeeping software tools make so much sense. Knowing how much time your employees spend on overhead tasks, project, training, and unpaid leave is invaluable data for your business’s future. Tools that track employee hours and employee schedules will greatly reduce your hours spent…
Nonprofit Timekeeping for Your Organization Managing grant dollars is one of the weakest links in the grant process chain. Directors tend to have detailed and documented process of researching and developing grant proposals. But frequently, that is where the process stops. Unfortunately, the inability of nonprofits to manage grant funds successfully with nonprofit timekeeping software…
Types of Leave Management Introduction to Leave Management Effective leave management is crucial for maintaining employee satisfaction and ensuring smooth organizational operation. A well-structured leave management system allows employees to take necessary time off without disrupting workflow, while helping HR professionals and business owners maintain compliance with labor laws and promote a positive work environment….