It’s a brand new year and just like for many of us at home, there are some things that will need doing in TimeControl to make sure we close off our previous calendar year and are ready for the upcoming year. Here are a few suggestions:
End of the Fiscal year?
If the end of the calendar year is the end of your fiscal year then this is a good time to be looking at your completed year of timesheet data to make sure it’s ready for Finance to get their year-end complete. A good start to this is to check for completeness.
- Are there any timesheets which were not completed during the year for any employee? The Missing Timesheet Report may help locate these.
- Did we close off the missing timesheet report for any employees who left the organization by entering a end-date in the employee table?
- Are there any timesheets which never completed their approval either because someone left or there was a change in the approval path? Using the Change-Ownership may help with those.
- Are there any more Debit/Credit corrections expected for the previous year?
- Are your full-year reports showing everything you need in the data? Running draft reports and checking against expectations will help with that.
- It’s a good time to check for end of year Accrual Rules to ensure they ran as expected. Some Accrual rules will use the end-of-year to automatically reset employee bank balances for things like vacation time.
- While we’re talking banks, this is a good time for a Banked Time review. Did employees use the banked time they were supposed to? Did the appropriate amount of banked time roll over into the new year? Are there any manual adjustments needed? Using Banked Time reports and delving into the Employee Table’s Banked Time Tab should help with that.
Start of year clean-up
Whether this is your fiscal year end or not, this is a great time to be doing some clean up of the TimeControl tables.
- Table clean up. Are there employees in the Employee table which are no longer with the organization? This might be a good time to either delete them or make them inactive. How about the Project and Charge tables? This might be a good time to be either deleting or marking tasks as Closed to filter them from view.
- Timesheet Archive. If you won’t be using the timesheet data from 2 or 3 years ago in your most common reports, you can Archive the Data and then include those timesheet records only by specifically asking to include archive data. This may help with performance of certain drop down fields.
- Rate Review. This is a great time to review your rates table and see if any rate values will change for the new year. Should you make new rates or just update the previous rate values? This depends on what will work best for your implementation.
- Filter Review. Are your charge code, reporting and other filters doing what you need? Some organizations use date-specific filters. If that’s the case for you, reviewing your commonly used filters for reporting, exporting or screen display might be required.
With a good review of your data now behind you, you’re ready to face the year! We hope it’s a good one and we at HMS are very much looking forward to working with you as the year progresses.