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Time card information of labor is used to determine the amount which employees are to be paid and to provide records of work performed by activity.In many firms,the system of payroll accounts and the database of project management accounts (i.e.,expenditure by activity) are maintained independently.As a result,the information available from time cards is often recorded twice in mutually incompatible formats.This repetition increases costs and the possibility of transcription errors.The use of a preprocessor system to check for errors and inconsistencies and to format the information from each card for the various systems involved is likely to be a significant improvement (Figure 14-8).Alternatively,a communications facility between two databases of payroll and project management accounts might be developed.
Time card information of labor is used to determine the amount which employees are to be paid and to provide records of work performed by activity.In many firms,the system of payroll accounts and the database of project management accounts (i.e.,expenditure by activity) are maintained independently.As a result,the information available from time cards is often recorded twice in mutually incompatible formats.This repetition increases costs and the possibility of transcription errors.The use of a preprocessor system to check for errors and inconsistencies and to format the information from each card for the various systems involved is likely to be a significant improvement (Figure 14-8).Alternatively,a communications facility between two databases of payroll and project management accounts might be developed.
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