Post module

Where Transactions are Entered into the Journals.

• Timecard application posts hours per project/per employee/per period, with required validations for project number, task number, department, labor category or staff usage to avoid incorrect entry.
• Warnings issued with supervisor override if an individual exceeds authorized fringe hours or budgeted hours for a project.
• "Loaning" of staff members across departments or labor categories to permit association with the proper overhead, and flexible hourly bill rates for invoicing and reports.
• Timecard report allows review/edit of all timecard data entered for the current pay period by employee, date, and project prior to performing labor distribution.
• Distribution of all hours and labor dollars is properly allocated to jobs with special considerations for premium pay and uncompensated overtime.
• Web-enabled version of Timecard is available for direct input from any location through your company's web-site.
• Posting of the Journals requires balanced debits and credits. Journal entries may be saved as "unposted," allowing saves in an unbalanced state, or for performing management "what if" analyses.
• A/R, A/P, Disbursement and other user-defined journal entry screens allow the assignment of Voucher and Invoice codes for payables and receivables tracking.
• Automatic Labor Distribution moves timecard dollars/hours and salary to the general ledger, broken down by project, task and department.
• Fringe hour accruals are automatically expensed when earned and offset by a posted liability. Liabilities are automatically reduced when the fringe hours are taken.
• Batch or random processing and printing of payroll checks, as well as direct deposit of payroll, can be run at anytime, even prior to distributing the labor dollars.