Timecard Split Overview

One or more timecard splits are always automatically generated for each timecard that is submitted for approval. Multiple timecard split records are created when a timecard spans more than one time period. Timecard splits enable part of a timecardClosed A mechanism for logging time against a project or an assignment. to be billed when a timecard spans the boundary of a time periodClosed A period of time with a start date and an end date to which forecasts, actuals calculations, billing event batches, utilization calculations and region plans belong..

A timecard split represents a whole timecard or part of a timecard for revenue recognition forecasting and billing event purposes. For more information, see Revenue Forecasting Overview and Services Billing Overview. When particular timecards are split, it is easier to run your revenue recognition forecasting over timecard split records.

Example

You enter a timecard for the last week in quarter three and the last day of that quarter falls on a Wednesday. Two timecard splits are created:

  • A timecard split contains the hours for quarter three.
  • A timecard split contains the hours for quarter four.