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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

July, 27 2021

Don't let your Labor Charging Policies & Procedures come back to bite you!

Business Tips DCAA Indirect Costs

Contrary to popular belief Government Contractors have some leeway when reducing to writing their own rules with regard to timekeeping. After all, it is the regulations and not guidance that DCAA can ... Read the Blog

July, 01 2021

SF 1408 Evaluation Checklist - The Big Question

DCAA Audits SF 1408

SF 1408 - Adequacy Checklist - The back page of the Standard Form 1408 features the evaluation checklist that DCAA auditors use to determine the 'adequacy' of a contractor's accounting system. There ... Read the Blog

May, 24 2021

DCAA Timekeeping Lore

Business Tips DCAA Accounting FAR Compliance

Guidance for labor recording can be found in DCAAM 7641.90 under Labor Charging System. If guidance is written in the DCAA's Information for Contractors manual, then it must be rooted in the ... Read the Blog

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