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Tuesday, August 25, 2015

Time And Labor: Some useful Info -- Part 1

Time And Labor:
As the name itself suggests, it captures the time consumed for each of the efforts. Based on hourly rate, the employee is paid through payroll.

There are two types of noting time in PS.
1. Punch time -- Captures Time IN and Time OUT. say Lunch 12:30 pm to 1:30 pm
2. Elapse time -- Captures time in periods. say 8 hours etc.

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