Many government agencies require contractors to comply with DCAA
(Defense Contractor Audit Agency)
rules and regulations. Standard Time makes this process easier by
helping you regulate time entry with a DCAA Timesheet. Standard Time has numerous canned reports
along with a built in report writer to customize specific reporting
requirements for DCAA compliance from information obtained through
our DCAA Timesheet. Standard Time also provides
employee training to satisfy another DCAA requirement. This training
will help employees understand how to comply with a DCAA Timesheet. Let Standard
Time help you track your labor in a simple, consistent, cost
effective manner. Download a copy here.
Request a demo.
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DCAA
7641.90- Information for Contractors: |
2-302 Labor Charging System
Timekeeping procedures and controls on labor charges are
areas of utmost concern. Unlike other costs, labor is not
supported by external documentation or physical evidence to
provide an independent check or balance. The key link in any
sound labor time charging system is the individual employee.
It is critical to labor charging internal control systems
that management indoctrinates employees on their independent
responsibility for accurately recording time charges.
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2-302.1 Timecard Preparation
Detailed
instructions for timecard preparation should be established
through a timekeeping pamphlet and/or company procedure. |
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DCAA Clause |
Basic Definition-Paraphrase |
Standard Time Feature |
Description of Standard Time Feature |
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2.302.1-1 |
Record
time on Daily Basis |
Standard
Time Timesheet. |
Allows
secure daily time entry for all users with unique Log-in and
Password entry along with optional Active Directory
Authentication. |
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2.302.1-3 |
The
correct distribution of time by project numbers, contract
number or name, or other identifiers for a particular
assignment. |
Standard
Time Project Names/Identifiers |
Contractor
can name projects and use multiple fields to uniquely
identify projects and/or their assigned users. Standard
Time allows for detailed notes and descriptions. |
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2.302.1-5 |
Recording
all hours worked whether they are paid or not. |
Standard
Time tracks hours worked and time off/not worked hours. |
Allows
employees to put in actual hours worked along with any paid
or unpaid additional time. Standard Time can auto email
employee if timesheet contains less than expected weekly
hours. |
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2.302.2
Recommended Time Keeping Policy |
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DCAA Clause |
Basic Definition-Paraphrase |
Standard Time Feature |
Description of Standard Time Feature |
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2-302.2-a |
The
supervisor should approve and cosign all timecards.
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Standard
Time has Time and Expense Approval. |
Standard
Time has multiple levels of Time and Expense Approvals with
audit trail in our DCAA Timesheet. |
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2-301.2
Detailed Provisions of SF 1408-
The cost
accounting system must identify what costs are considered
direct, and what costs are considered indirect. Once these
criteria are defined, they must be consistently applied. |
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DCAA Clause |
Basic Definition-Paraphrase |
Standard Time Feature |
Description of Standard Time Feature |
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2-301.2-a |
Proper
segregation of direct costs from indirect costs.
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Standard
Time Task Categories and Expense Types |
Standard
Time allows the creation of Task and Expense classifications
which include the ability to use Direct and Indirect Costs. |
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