Page 24 - Participant Guide - Unanet GovCon Closing a Fiscal Period (2)
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Pay in Lieu of Benefits Cost Post
The McNamara-O’Hara Service Contract Act (SCA) is a federal government act that
directs how employees who work on service contracts are paid. It establishes standards
for wage rates, health and welfare, vacation, and holidays. The SCA requires that an
employee receive a minimum hourly value of health and welfare benefits. If the
employer does not provide any health and welfare benefits, or the provided benefits do
not meet the minimum value, the employer is obligated to provide pay in lieu of benefits.
Setup of the SCA functionality requires a role of Administrator.
Navigate: Financials > Invoicing & Posting > Pay in Lieu of Benefits Cost Post
The Pay In Lieu of Benefits Cost Post process provides a means to calculate how
much pay in lieu of benefits is due to each SCA employee in a given time period.
This post only applies to:
Non-salaried users whose profile has SCA Wage Applies set to true for the
period of time being posted (People > List > Edit icon > Rates tab).
AND
Projects with time recorded in the period being posted that are associated with
an SCA contract.
The calculation is performed for each timesheet user who recorded hours against the
SCA project in a given time period..
LESSON 3: INVOICING AND POSTING
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