Time Analysis and Benefit Accrual Setup Overview

Use Time Analysis and Benefit Accrual Setup to set up headings for columns on the Time Analysis report, the Time Analysis projects, and benefit accrual data such as codes and carryover limits.

This application is available only if the Billing module is installed.

Time Analysis

The Time Analysis report shows how effectively employee time is used. It presents various comparisons of direct time, indirect time, and total time worked. An analysis of indirect time helps you monitor benefit hours (vacation, sick, holiday, and so on) and control non-billable time. When you make modifications to Time Analysis Configuration, they are automatically reflected on the Time Analysis report.

Use the Time Analysis Setup report to review configuration settings.

Benefit Accruals

After you establish benefit accrual codes, you complete the following tasks:

• Identify the codes that apply to each employee, in the Employee Info Center.

• Identify the codes used in Time Analysis reporting, in Time Analysis Project Setup.

• Enter benefit accrual history for your employees, in Benefit Accrual History Loading.

The Accrued Time Report gives you the most up-to-date information about your benefit hour plans. You can use this report to review how much time each employee has earned and taken during the current benefit year. You can also review information about each employee’s benefit hour balances.

Multicompany

If you use the Multicompany feature, you set up Time Analysis projects and Benefit Accrual data for each company. To switch companies, click Utilities > Change Company and select the next company for which you want to set up overhead allocation. The name of the active company display at the top of each tab. You can use the same benefit accrual code for different companies in your enterprise.