Neither the DCAA nor any other federal agency endorses software products. However, smaller companies can pass that nail-biting DCAA Accounting System Review. QuickBooks are able to get you through your first few contracts with the help of a third-party developer to adjust the QuickBooks into proper compliance. The process is not difficult. You need to […]
QuickBooks for DCAA Accounting – A Viable Option?
Although the Defense Contract Auditing Agency (DCAA) does not profess, endorse, or back any software products, there are products available to make sure that your dealings with the DCAA are pleasant ones. QuickBooks is a great option for DCAA accounting. For start-up companies the purchasing of software can get pricey, but when dealing with government […]
DCAA Accounting System Review
If you are planning to become a government contractor, you should also plan for a DCAA Accounting System Review. The Accounting System Review is done for several reasons, one of them being to ensure that your accounting system is standardized and adequate to properly document all actions during the life of your contract. Your system, […]
DCAA Accounting Rules – What You Need To Know
The DCAA accounting rules are many and you need to be prepared for a DCAA audit. The easiest way to ensure that you meet and exceed these rules is to have an accounting system that addresses many issues. The rules may seem tedious, and they are, but remember, the goal is to prevent the American […]
DCAA Cost Accounting Standards
The Defense Contracting Auditing Agency has accounting standards that can difficult to meet; however, it can be done. These tough standards came from years of fraud, waste, and nepotism that caused the government to become concerned with consistency with pricing and accounting practices. These actions are to prevent contractors from taking advantage of the American […]
DCAA Compliant Accounting Software
Keep your life easy when becoming a government contractor by using DCAA compliant accounting software. Nothing is quite like being audited by the DCAA; the demand makes the IRS seem friendly. Thus, be prepared to not only exceed the DCAA audit but to shine like a pro with software that is DCAA compliant. DCAA compliant […]
DCAA Accounting Software – What’s Available?
Wow, the amount of software available for DCAA accounting is plentiful. There are those that offer manuals to help guide you through the DCAA accounting system that can be a great help if you are new to the government contract game. Some DCAA accounting software offer human resource documentation with procedures for timekeeping, timecards, and […]
DCAA Accounting System – What To Look For
When you are deciding to purchase a DCAA accounting system, make sure you know what your company needs, what DCAA accounting expects from your company, and how you intend to use the software. When it comes to what your company needs question if you need human resource documentation that will track timesheets, timecards, and payroll. […]
DCAA Accounting 101 – Getting Started
Accounting can be difficult within any industry or size of company. Debits and credits, fiscal periods, ledgers, fixed and adjustable costs, allowable and unallowable expenses, inventory, profit or revenue; the list, even if short, seems to go on forever. Accounting is daunting, but never as so much than for those who win contracts with the […]
DCAA Compliant Timesheet – Requirements Overview
Okay, your company believes it is ready for a government contract. You also believe no other company can offer the services you can at the prices you can. Great! You are ready to go and get the paperwork started. Stop. First, ensure that you review DCAA requirements in order to keep a DCAA compliant timesheet. […]