Microsoft Dynamics SL ERP software Microsoft Partner

Government Compliance Contract Cost Accounting

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Government Contractors: Contracts Cost Accounting

 

Overview
Government Requirements | System Requirements | How Synergy and Dynamics SL Helps


Government contractors who do business with the Department of Defense or other government customers face an enormous challenge: you must provide detailed cost information (direct, indirect, and overhead expenses) for each contract, project, and task in order to remain compliant to government requirements and/or the Defense Contract Audit Agency (DCAA).

In addition, because the majority of your business is on a project basis, you need the capability of tightly integrating project management and financial accounting.

This is why you need a more robust accounting system than most businesses. And why Synergy's on-premise or hosted solution, Microsoft Dynamics SL is an excellent fit.


Synergy's Government Contracts Cost Accounting Solution


  • Build, manage and monitor indirect cost rates
  • Allocate costs across multiple cost objectives such as overhead pools and contracts
  • Manage direct and indirect time under cost reimbursement contracts
  • Perform billing under fixed price and cost plus fee contracts
  • Manage time and expense collection in accordance with DCAA regulations
  • Monitor and alert government officer of contract status
  • Generate government invoices on approved
    government forms

  • Build a traceable document system to drill down from your original purchase requisition through to associated invoices
  • Integrate your accounting with software your employees already use to increase productivity
 






NEXT STEP - Review Software Solutions:


Since Government Contractors are currently best suited for our on-premise or hosted solution, your next step is:

EVALUATE On-premise or Hosted Microsoft Dynamics SL
Software for project-centric and distribution companies.




WHITEPAPER:
DCAA Compliance
Requires Better Tools



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