Is it possible to connect employee attendance on "Working Schedule" of contract?

Current hr_attendance module seems just to record sign in/out data without comparing it to anything. I know that with timesheets you could create timesheet as working schedule of employee and check time differencies with that but that would be just faking data and also defining same thing twice because employees working schedule is already defined in their contracts.

It seems that in version 6 there has been module HR Attendance Analysis which does this but it doesn't exist for version 7 so is there any similar module for v7 or is this combining contract to attendance hidden somewhere in OpenERP where I haven't found it?