No Tags Found!

prajkta marathe
1

hello! can u please tell me what is the exact difference between Time Keeping & Time Booking ? Regards, prajkta
From India, Pune
b.aparna3
13

Re: what is the difference between time keeping and time booking?

Answer

# 1 Time Keeping is concerned with the attendance and wage

calculation of employees whereas Time Booking is the

reporting of each worker’s time for each job and department

for cost analysis and dividing labour cost into various

jobs and departments. The main functions of time keeping

department are as follows:

1. To maintain discipline, regularly and punctuality

in the factory.

2. Meeting the statutory requirements.

3. Preparation of pay rolls where workers are paid on

time basis.

4. To record the arrival and departure time of

labourers for making distinction between normal time,

overtime, delay in attendance and early leaving.

5. For overhead rates, if based on labour hours.

Time Booking: Time booking means recording the rime

actually spend by a worker on various jobs done by him in

the factory.

Purpose of Time Booking: Time booking is necessary for:

1. Ascertaining labour cost of every job.

2. Providing time basis for apportionment for overhead

expenses

3. Having control over wastage of time – idle time

i.e., the difference between time keeping and time booking.

From India, Jalgaon
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.