My audit is DONE! OVER! FINISHED! KAPUT!
I wish I could tell you that my bookkeeping was perfect, but over the course of three and a half years, I under-reported 17.5 hours. 🙁
It could have been so much worse. The auditor had a name on his list to check that he thought hadn’t been reported. The man had worked close to 900 hours for us. I was on the verge of apoplexy at the thought of the cost and penalties. I was able to hand the auditor the union report, showing that I had paid the benefits, and that the auditor had made an error.
Those 17.5 hours really bug me, but I should point out that in that time period, I reported that our bricklayers and laborers worked a total of 82,173 hours, plus a little overtime. It puts the 17.5 hours into perspective.
I can tell you that the union spent more to do the audit than they will get back in benefits and penalties! *G*
Now, If only someone would put away all the data that I had to drag out for the audit, I’d be a happy camper!