GovCon time tracking comes with strict rules that often create challenges for organizations. The key is to make time and work tracking simple and convenient for employees while staying compliant.
For a detailed overview of DCAA requirements, see our DCAA timekeeping guide.
Although federal contractor timekeeping doesn’t explicitly require TTA, it is expected during audits and reviews.
This means that ALL time must be tracked, including:
My Hours lets you add unlimited users and organize them into teams based on departments.
For a compliant timesheet approval workflow, government contractors must verify and approve each submitted timesheet. If an error or inconsistency is found, it is up to the supervisor to fix it.
Your remote workers need a simple way to track time from anywhere, whether they have connectivity or not. And supervisors need access to current timesheet data, whenever required.
My Hours helps users submit complete timesheets before each deadline.
More complex projects likely have contract line item numbers (CLIN) and work breakdown structures (WBS). Every time log must include this information so the correct codes get assigned to the right deliverables.
Accurate time and cost tracking prevents overbilling and fraud while protecting profit margins on cost-plus contracts.
You have to be able to prove each cost and maintain detailed records that support them as genuine, allowable, and allocable.
Many government contracts specify line-item budgets along with clauses that require prior approval for overruns.
All government contractors are obligated to provide regular reports on cost and time. However, each contract will have unique reporting requirements, depending on its type.
My Hours provides DCAA-aligned time tracking, and making full use of the features will keep your organization compliant with federal requirements.
Here’s a detailed guide to setting up users and teams, and another for user roles.
Create custom fields and tags to define codes, labor categories, allowable costs, etc. Color-code tags for better organization.
Tip: If you have a large number of tags, it’s worth creating a separate spreadsheet or PDF that your employees can quickly reference.
Learn more about creating custom tags and custom fields.
Direct and indirect labor separation can be configured in several ways:
Learn more about creating projects.
Pick from manual or automatic timesheet submission.
At the user level, determine which managers can:
Video guide for the approval process.
Here’s more about time tracking alerts and budget alerts
Once all your custom fields and tags are set up, you can go ahead and configure your report settings:
Detailed guides of My Hours report
Track time with our seamless timer or enter your time through our keyboard-friendly timesheet. Add a description and custom inputs.
Automate calculation of billable amounts by setting precise hourly rates by project, task or team member. Add a project budget to monitor its progress.
With the Dashboard you’ll get a bird’s-eye view of billable vs non billable hours, earned income by project, under- or over-utilized employees and more.
Detailed reports are completely customizable and display as much information as needed. Print to PDF, export to XLS or send schedule it via email.
Add and assign tasks with an estimated budget. Create templates when identical tasks appear across projects.
Supervisors get email whenever timesheets are submitted. Each timesheet can be approved or rejected with an email message.
Invite your team to track time on their projects without seeing each other’s hours and rates. Designate managers to oversee their team and manage their work.
Lock team’s time logs to prevent editing or adding new logs in a selected period. Download the audit log report to keep your books in order.
Create numbered invoices straight from hours logged. Integrations with the most popular invoicing apps are available to all customers.
Connect My Hours data with other tools or vice versa through Zapier connectors. Alternatively, use our API to develop your own integration.
My Hours is a cloud-based app with nothing to install. View and manage your hours from any web browser or install our native mobile apps.
My Hours is hosted in Microsofts Azure cloud and we are proud of 99.95% uptime. We perform regular security checks to keep your data in safe hands.