How should I report realized hours for WBSO?

Maintain detailed timesheets or use a time-tracking tool like <a href='/'>Traqqie</a> to record the hours spent on R&D activities by each employee. Ensure that the timesheets are accurate and reflect the actual time spent on eligible R&D tasks, and keep them updated within 10 business days.

What types of cost documentation are needed for WBSO reporting?

Keep comprehensive records of all costs incurred during the R&D project, including invoices, receipts, and other supporting documents for labor, materials, equipment, and other eligible expenses. These should align with WBSO eligibility criteria.

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Knowledge Base / Financials / Reporting and Administration / Reporting Realized Hours, Costs, and Expenses

Reporting Realized Hours, Costs, and Expenses for WBSO

Accurate reporting of realized hours, costs, and expenses is crucial for complying with WBSO requirements. Here are the key steps to ensure proper reporting:

Time Tracking: Maintain detailed timesheets or use a time-tracking tool like