Re:Amazon and the “profitless business model” fallacy (2013)
by foobarian on Thursday December 23, 2021 @05:26PM
(#29667207)
Right, I didn't think of the compliance angle. In my case the leadership justification is that doing timesheets "saves us money on taxes." Given how much most of us dislike doing the timesheets I thought it would be nice if they told us exactly how much that savings is, and if a large number possibly we would all be more enthusiastic about doing them.
The reality is (at least in the US and probably elsewhere), that it's not an option to just decide to expense or capitalize everything and so the timesheets might be better viewed as the mechanism the company has chosen to remain compliant with the law and not something that's optional/subject to incentive pay.