DCAA Compliance Blog

Your Source for DCAA & FAR Compliance News and Discussion

ReliAscent® LLC is the only government contract accounting firm that specializes in all aspects of government contracting compliance.  From our DCAA compliant accounting services, to monthly government contract accounting for all government agency awards, contract management & administration, and financial services & planning, our goal is to ensure the success of our clients, and all small business government contractors and grantees.  

In our DCAA Blog, we discuss the latest government contracting news from the Federal Government, the DCAA, and DCMA, as well as promotions offered by ReliAscent, and helpful tools and resources for contractors.

We hope you will visit and take part in the discussions on our blog on a regular basis. If you ever have any questions or would like to discuss how our experts can help, do not hesitate to contact us at any time!  


 

Timekeeping, Labor Distribution and Record Retention for Government Contractors

Posted by Mike Anderson on Fri, Jan 17, 2014 @ 10:51 AM

There is usually no argument that timekeeping and labor recording are the most important part of government contracting.  We have written many blogs on the subject.  One thing that is perhaps not clear is the retention of records relating to this labor recording.  If you are using a manual timekeeping system, there is usually no issue with keeping timecards.  I think most people have a hard time discarding paper records. 

Read More

Topics: government contractor, DCAA timekeeping, Labor Distribution