-
Timesheet – Recording:
• Timekeeping issues account for
the majority of audit findings by the DCAA. Failure to meet DCAA requirements can
result in delayed payment and refusal of future contract awards.
• DCAA requires documentation showing
that all hours worked for all employees (direct and indirect) are recorded.
-
DCAA Compliance Requires:
• Daily recording of time by job assignment.
• An audit trail for any and all changes to timesheets.
• Supervisor review and approval of all time charges.
-
Business Expense Reports includes:
• Purpose of trip.
• Cost objectives (accounts) to be charged.
• Audit trail including, dates, places, and amounts.
• Documentation of Incurred costs (receipts).
•Compliance with per diem allowance
rules. (Check your own Company’s policies, too.)
-
Partial Day Travel Per Diem:
• First and last day of trip, limit is 75% of M&IE allowance.
• Does not matter what time you leave/arrive.
• Rate is determined by day’s destination city.