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TimeLive and DCAA |
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DCAA Requirement |
TimeLive TimeSheet Solution | |
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Monitor the overall integrity of the labor/timekeeping
system |
Login and password security |
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Changes to the TimeLive are captured by the software’s audit log that is viewable
by the employee, supervisor and each system admin. |
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The system allows for a correction timesheet to be created, after the original timesheet
has been submitted through the timesheet software. | |
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Assure employee awareness training about the importance of proper time charging |
TimeLive provides live online video training, quick start materials and online help
for managers and users |
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Effective authorization/approvals to accumulate and record labor costs to objectives |
Multi-level approval routing process | |
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Automated approval workflow & email notifications | |
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Approved transactions are locked down to protect data integrity. The transaction
can only be re-opened by the system’s Administrator or a manager who has been designated
that particular permission. |
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Validation rules in the TimeLive ensure that labor rules are followed | |
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Configurable reports to track changes and approvals | |
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Distribute labor to assure the proper recording of labor costs to objectives |
Time tracking by project, account, and task through a defined overall budget | |
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Employees can only charge time for the projects, accounts and tasks to which they
have been assigned |
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Proper labor distribution is ensured by various levels of time tracking |
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Account for labor costs to ensure that labor charges to the government are in compliance
with Cost Accounting Standards and contract terms/clauses | |
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Account for labor costs to ensure that labor charges to the government are in compliance
with Cost Accounting Standards and contract
terms/clauses |
Defined rates to employees, accounts, and projects | |
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Only administrators and project manager can override specific rates | |
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All changes are captured in the audit trails | |
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Reasonably assure that labor transfers and adjustments are documented and approved |
Reports to accurately reconcile various entries and charges | |
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Entries are tracked throughout the lifetime of the system, all backed by an audit
trail |
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Job Costing and Billing |
Cost projects using any work breakdown structure. Extensive cost/billing rules allow
you to assign applicable cost rates to any project, job or task. |
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Use multiple billing rate options by employee, customer, project or task. | |
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Automated Request Handling |
Time off and other requests require approvals and scheduling. And you want an audit
trail for everything. | |
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Entering timesheets for absent employees and who are
travelling |
An audit is maintained of who created the timesheet and who entered each line of
the timesheet so a supervisor can not enter a timesheet on behalf of an employee
without this being recorded. | |
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TimeLivel includes functionality for supervisors to enter timesheets on behalf of
their employees |
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If an employee is absent for a prolonged period such as during travel, a supervisor
or administrator can create timesheets on behalf of the employee if required | |
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Record both paid and unpaid hours |
Time Entry can be record for both paid and unpaid hours | |
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Sufficiently detailed work descriptions |
Projects/tasks descriptions, comment field available for each timesheet cell. | |