Government Contractors: Your Financials MUST Comply with Federal Regulations
I ensure that your accounting tracks everything from billing and labor costs to indirect costs while interfacing with your time tracking system – all ‘must haves’ in your Government Contracting’s bookkeeping and accounting processes.
DCAA Audits: I’m Your Expert!
Time and material contracts and sloppy accounting and bookkeeping.
Don’t let this happen to you and your business/firm.
Failing a DCAA audit can destroy your reputation and shatter your competitive edge.
With 15+ years as a Top Rated Local® Master Bookkeeper and Expert Accountant, I am experienced in all areas of government contract accounting and bookkeeping.
Is Your Current DCAA Accounting System Cumbersome?
Don’t worry! Many of them are cumbersome, but I’m the Authority on DCAA accounting software systems. QuickBooks, Unanet & more. I tackle these problems as your Accounting Department and Master Bookkeeper.
As the Top Rated Local® Virtual Bookkeeper and Outsourced Accountant, I’ve experienced the challenges with Deltek and Procas. QuickBooks, with its recent DCAA compliance, is the game-changer for your business. It simplifies the complex, offering a user-friendly platform that outpaces Deltek and Procas in efficiency and usability. Ready for an upgrade? Let’s move your system to QuickBooks and optimize your business operations. Contact me today for the rescue your books need!
DCAA Compliant Bookkeeping and Accounting Systems
As a Business Owner or Executive of a firm competing for government contracts, your bookkeeping, and accounting system, must be Federal Acquisition Regulation (FAR) and Defense Contract Audit Agency (DCAA) compliant.
I ensure that your accounting software will track:
- General ledger (accounting software)
- Payroll & DCAA compliant Timekeeping/Time tracking
- Labor distribution
- Policies and procedures
- Incurred cost reports (ICE)
- Indirect rates calculator
- Subsidiary job cost reports
- Government invoicing (SF1034 & SF1035)
- And more…
When you choose to work with me, a 15+ year Top Rated Local® Master Bookkeeper and Expert Accountant, I bring your business into DCAA compliance so that you can compete and win more government contracts.
Already have your system built out and ready for a SF1408 Pre-Award Audit? I’ll operate as your Master Bookkeeper and Accounting Department to ensure DCAA compliance.
Reputation is everything. Keep yours intact with me and win more government contracts.
Win More Government Contracts
The DCAA is the federal government’s auditor. They review the contractors’ compliance with FAR regulations plus other requirements. This means your bookkeeping and accounting must meet all regulations and requirements to continue bidding on government contracts.
Gov/Con’s: Here’s What I’ll Do For Your Business
I help you meet all DCAA compliant accounting system conditions per the DCAA’s SF1408 Pre-Award Audit:
- Generally Accepted Accounting Principles compliance maintained at all times.
- Direct costs are segregated from indirect costs.
- Cost element and project accumulated costs.
- Cost accumulation is placed under the general ledger control.
- Direct and indirect costs reconciled monthly in the general ledger
- The timekeeping system meets strict DCAA requirements.
- Include and maintain a labor distribution system that charges indirect and direct labor to the appropriate cost objectives
- Monthly expense and project reports created to show determination and recording of costs.
- Identify, track, and exclude unallowable costs.
- Contract Line Item (CLIN) identifiable costs.
- Segregated pre-award and pre-contract costs from any other costs.
- Provide financial information to show compliance with the Limitation of Funds clause and support progress payments.
Read What My Clients Say Are Saying About Me
DCAA Compliant Accounting Systems for Government Contractors
If you want to bid on and win more government contracts, then start with me. Let me bring your accounting system into DCAA compliance.
The DCAA is strict. They do not allow government contractors into the sector without first becoming compliant. There are no exceptions.
I help Owners and Executives of firms get compliant with the DCAA so they can keep bidding and winning government contracts.
I act as your Master Bookkeeper, Accountant, and Outsourced Accounting Department – all in one for a third of the cost. I’m your expert government contracting accountant and bookkeeper. No call centers. You get a dedicated, committed professional for your in-house bookkeeping and accounting system.
How Do You Work With Me?
Step #1
Give me a call directly OR fill out my submission form.
Step #2
We’ll discuss your existing accounting system.
Step #3
I’ll propose a path from where you are now to a DCAA compliant accounting system, and then get it done!
Serving Top Owners & Executives in Maryland, Virginia, DC, Delaware, Pennsylvania & now Nationwide!
*All tax consulting, preparation and filing conducted via Rescue Business Tax Services, LLC and can only be performed by a licensed CPA.
Maximize Your DCAA Compliant Accounting System
The stages involved in setting up or bringing compliant your DCAA compliant accounting system can vary. Here are some factors in how I’ll set up and run your accounting system:
- How old is your company?
- How are you presenting your financials? Will you backdate to January 1st of the current year? Will you backdate beyond January 1st? Will you start your financials on a specific date?
- What condition are your current books in?
- Do you have any unresolved/unreconciled financial accounting issues?
- How will you address any gaps (if any) in your books? How long will it take to address these gaps (if any)?
Depending on your business and books, I will bring your accounting system into DCAA compliance. Starting with a custom path from where you are now into a DCAA-compliant accounting system on day one. Here are the primary systems I’ll bring into compliance for you:
- General ledger (accounting software)
- Payroll
- Labor distribution
- Policies and procedures
- Incurred cost reports (ICE)
- Timekeeping system
- Indirect rates calculator
- Subsidiary job cost reports
- Government invoicing (SF1034 & SF1035)
- And more…
Stop Delaying – Get & Stay DCAA Compliant, Now!
Every day you’re not DCAA compliant, you’re losing revenue AND the opportunity to win more government contracts.
