Timecard Allocations Referenced in the Job Cost Log There are four columns designated for timecard allocations only: Time Date, Hours and Alt Type.
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Time Date: The actual date the employee worked and recorded hours. This differs from the Post Date since the post date is either the pay period end date or the pay date, not the time date.
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Hours: The number of hours applied to the job, both direct labor hours and burden hours. If a time entry is negative, it means the time was unapplied from the job AFTER the time was approved. This creates reversing entries on the cost log and reversing entries are created on the general ledger.
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Alt Type: The type of hours applied to the job; either direct labor hours or burden hours.
