SMALL BUSINESS FEDERAL GOVERNMENT CONTRACTING (“Smalltofeds”): Total Time Accounting In Small Business Government Service Contracting

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In small business government service contracting, it is necessary to establish a written policy and procedure disclosing time keeping practices to government auditors and fact-finding teams. Included must be the company process for both pricing and accounting for overtime. In doing so, topics such as compensated and uncompensated time must be addressed.

Source: SMALL BUSINESS FEDERAL GOVERNMENT CONTRACTING (“Smalltofeds”): Total Time Accounting In Small Business Government Service Contracting

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