You can use settings in this section to help your company comply with accounting and/or regulatory policies. You may restrict ...

You can use settings in this section to help your company comply with accounting and/or regulatory policies. You may restrict users from reporting time into the future in their timesheets.  You may also disable the functionality to allow unverified timesheet lines.  These lines are free form for users to track unstructured time and will not be verified against Project Server projects or tasks.  Finally you may enable project managers to coordinate or approve/reject timesheet lines on a per line basis.  Policy settings only apply to timesheets created after the settings were changed.