A core DCAA requirement mandating that government contractors track and record ALL hours worked by employees including direct billable hours, indirect hours, overtime, and all paid and unpaid time off to ensure complete accountability in time tracking.
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Total Time Accounting (TTA) is one of the core rules for DCAA-compliant time tracking, requiring government contractors to track and record ALL hours worked by employees without exception.
Under Total Time Accounting requirements, contractors must track:
Total Time Accounting ensures complete transparency and accountability in how contractor labor costs are charged to government contracts. It prevents cost shifting and ensures accurate allocation of costs between direct and indirect categories.
DCAA auditors will verify that:
Failure to implement Total Time Accounting can result in disallowed costs, fines for inaccurate reporting, and potential contract termination.
N/A - This is a compliance methodology, not a paid product.