Question

Difference between time keeping and time booking

Answer 1

Time Keeping is concerned with the attendance and wage
calculation of employees whereas Time Booking is the
reporting of each worker’s time for each job and department
for cost analysis and dividing labour cost into various
jobs and departments. The main functions of time keeping
department are as follows:
1. To maintain discipline, regularly and punctuality
in the factory.
2. Meeting the statutory requirements.
3. Preparation of pay rolls where workers are paid on
time basis.
4. To record the arrival and departure time of
labourers for making distinction between normal time,
overtime, delay in attendance and early leaving.
5. For overhead rates, if based on labour hours.

Time Booking: Time booking means recording the rime
actually spend by a worker on various jobs done by him in
the factory.

Purpose of Time Booking: Time booking is necessary for:
1. Ascertaining labour cost of every job.
2. Providing time basis for apportionment for overhead
expenses
3. Having control over wastage of time – idle time
i.e., the difference between time keeping and time booking.