What a wonderful sales pitch for a timesheet software feature. Track non-software-related work for expensing in the current tax year.
Any decent sized company already does this. You’ll see a field on things like Jira tickets for whether something is maintenance or capital improvement. And presumably that information can be used to infer the percentage of a given workers time that can be attributed to deductible vs depreciable expenses.
Exactly. Everywhere I’ve worked, this was a quick and non-intensive collaboration between engineering management and like one finance person. It’s baked into a ton of tools already (like you mentioned, Jira) so the percentages are usually just there and eng leaders review it with FP&A twice a year.
Real innovators can’t stand this sort of noise and so it is a direct shot against their bow
This is fairly standard for a lot of larger companies and for companies where your work is contract work (see defense contractors, legal firms, architecture and civil engineering firms). You have to do line item billing on costs for a given contract so you have to track how many hours are spent to do whatever labor needs done.
The issue is that this is a lot of unnecessary complexity for orgs that aren't doing that kind of work.