Blog

Subscribe to our Blog

September, 04 2024

What is a "Value Added" General & Administrative Rate?

DCAA Audits Government Contractor Business Tips DCAA Small Government Contractor accounting system

When it comes to General and Administrative (G&A or SG&A) expenses, businesses of all types incur G&A expenses. Unlike Overhead which includes pooled indirect costs that are not ... Read the Blog

June, 07 2024

Should You Factor Your Government Contract Receivables?

Business Tips CEOs & CFOs

Factoring your accounts receivable to a third-party financing company (i.e., factor) will provide near-instant payment on your federal government invoices instead of waiting the typical 30 days or ... Read the Blog

April, 02 2024

Accounting Software Upgrades - Taking it One Step at a Time

Accounting Software Business Tips

Failing to Plan means Planning to Fail - Upgrading accounting software involves careful planning. Your company must adequately plan for the conversion and obtain executive buy-in for allocating ... Read the Blog

June, 23 2023

Accounting for your Government Sales and Marketing Activities

Business Tips Accounting Budgeting sales

Tracking sales and marketing functions should include using cost accounting data to provide visibility and substantiation for marketing and sales. Read the Blog

December, 29 2022

Have a Stress Free Tax Form Filing Season (and a Happy New Year)

Business Tips Accounting tax

For the dreaded upcoming tax form filing season that begins in January, you likely will be pleased to know that unlike with the past two tax filing seasons 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

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

Download our WHITE PAPER

Standard Form 1408

in Plain English

Download Your Copy
papper1