Time and Effort Worksheet

Importance of Time & Effort Recordkeeping Some of the greatest costs in grants are associated with personnel costs that include salaries and associated fringe benefits. Errors recording time and effort, therefore, can produce costly mistakes for a nonfederal entity and are attributed to some of the most frequent audit findings. Time and effort reporting can be complicated. Personnel can be assigned to a single grant project or cost objective, or staff members can divide their time among grant programs, grant activities and non-grant activities. Sometimes personnel costs are charged to grant projects and sometimes time is contributed at no cost to the federal project to… Read More