Understanding DCAA Compliance Functionality in PeopleSoft Expenses

Employees working on government projects are required to report time according to their organization's negotiated government contract. When you enable DCAA compliance functionality, employees must report their project and personal time by the cutoff that you establish for their general ledger business unit. In addition, employees cannot report project time for future dates and can be restricted in the type of personal time that they report for days in the future. DCAA regulations also define allowable amounts by location for valid expense types. If an expense type amount exceeds the allowable spending amount, Expenses books the difference to a different account using the overage accounting feature.