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April, 29 2022

Indirect Rate Variances - Do they belong in your General Ledger?

Government Contractor Indirect Rate Variances General Ledger

Is imperative to have a mechanism in place to track your indirect variances when performing under a flexibly priced (e.g., CPFF) contract. When the time comes to prepare your DCAA ICE submission, you ... Read the Blog

March, 24 2022

DCAA FAR 31.205 Cost Principles Guidebook for Allowability

DCAA Audits DCAA Accounting

The Defense Contract Audit Agency (DCAA) has recently published a Guidebook designed to better explain 'allowability' of costs in a well organized, 75 chapter document. While there are still a few ... Read the Blog

February, 22 2022

Getting creative with your G&A Rate

Accounting Software DCAA Accounting Indirect Costs Budgeting

In a previous article, we discussed the concept of Indirect Rates and provided a simple example of a fringe benefit rate calculation. We have found that many of our most successful clients have some ... Read the Blog

January, 25 2022

Preparing for a DCAA Accounting System Adequacy Audit

Insider Business Tips

Are you prepared for a DCAA Accounting Systems Adequacy Audit? As a government contractor, your first face-to-face interaction with a DCAA auditor will likely be an Accounting Systems Adequacy Audit. ... Read the Blog

December, 16 2021

A New Filing Option for Tax Forms is Here!

SYMPAQ Benefits DCAA Accounting Yearli

SYMPAQ is not integrated w/ Yearli - an e-filing cloud program that automates both your Federal & State form filings + automated mailing. Read the Blog

November, 19 2021

Handling Unallowable Costs in your Accounting Books of Record

SYMPAQ Benefits Business Tips Indirect Costs

Do you have the systems in place to identify and record 'unrecoverable' costs in a segregated way so that they do not become co-mingled with allowable costs that can be recovered? Read the Blog

October, 14 2021

October is Cybersecurity Awareness Month but We're "Aware" Year-round

Government Contractor SYMPAQ Benefits Business Tips

You can't let your guard down when it comes to cybersecurity. Cyberattacks take place every eleven seconds on average, so you need to be sure your software works around the clock to stay secure. Read the Blog

September, 23 2021

Labor Distribution 101

DCAA Audits SYMPAQ Benefits Business Tips

If you have a fully functioning labor distribution system that enables the accurate recording of both direct and indirect labor charges and can also accommodate uncompensated overtime for salaried ... Read the Blog

August, 24 2021

Government Contract Cost Accounting Software - What makes it different from the rest?

Government Contractor Accounting Software Business Tips

A guide to help you understand the differences between a non-industry specific accounting software package and one that is purpose-built for Government contractors. Read the Blog

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