NeoSystems FFCRA Guide for Deltek Costpoint and Time & Expense
The recently signed Families First Coronavirus Response Act (FFCRA) was enacted to address the impact of coronavirus on American workers and business. There are several relief measures provided by the FFCRA including:
- Paid sick leave/time
- Paid family and medical leave
- FMLA expansion
- Unemployment insurance expansion
- Nutrition aid
As employees are already being affected by the coronavirus, so are their work schedules and sick leave. For Government Contractors, this means properly accounting for employees sick leave for themselves or family members. To that end, NeoSystems has created an FFCRA Emergency Leave Set Up Guide for Deltek Costpoint and Time & Expense. The guide provides step-by-step instructions on how to set up the project charge codes and process the appropriate leave accordingly. We also show real-world examples of how an employee’s timesheet would look with these new charge codes and how the adjust pay would be calculated.
If you have any additional questions on setting up your Costpoint and Time & Expense systems to account for FFCRA, please contact us to discuss your requirements and we’ll set up a brief call.