Blog

Subscribe to our Blog

February, 07 2025

Strong Headwinds Ahead for Federal Government Contractors in 2025

Government Contractor Accounting Software SYMPAQ Benefits Business Tips Headwinds

Poised to bid on contracts with the Federal Government? you will likely encounter challenges with procurement regulations and bureaucracy. Read the 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

August, 29 2023

DCAA Pre-award Audit Looming? No Need to Panic!

Government Contractor DCAA

Some of us have been around long enough to recall the day when a "Pre-award Survey of Prospective Contractor Accounting System" conducted by DCAA auditors. Read the Blog

July, 31 2023

Does Your GovCon Cost Accounting Software Forgive Your Mistakes?

Government Contractor Accounting Software Small Government Contractor

Forgiving software is designed to be accommodating when users make input errors or perform unintended actions, allowing them to recover easily. Read the Blog

April, 27 2023

Benefits of Real-Time Project Cost Tracking for Government Contractors

Government Contractor Small Government Contractor project cost

To address the needs of Project Managers, SYMPAQ features real-time reports called “Project Views” that can be accessed through SYMPAQ eTX. Read the Blog

January, 31 2023

How Accounting for Government Contracts differs from Commercial Methods

Government Contractor Definitions Accounting Business Systems commercial

The notable differences between government contract accounting versus commercial accounting are often more procedural than process related. Read the Blog

November, 30 2022

Business Systems and Federal Audit Compliance

DCAA Audits Government Contractor Accounting Business Systems

When it comes to your business systems and related audits, you may be surprised to know that such systems extend beyond your accounting/financial system. Read the Blog

July, 26 2022

Contractors, Ask DCAA Auditors to Cite the Regulation

Government Contractor DCAA Regulation

Government contractors must go above and beyond routine requirements when it comes to reporting and regulations. Read the Blog

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

Download our WHITE PAPER

Standard Form 1408

in Plain English

Download Your Copy
papper1