Gov-Con Solutions has the tools your business needs to be compliant with the Defense Contract Audit Agency (DCAA) and Federal Acquisitions (FAR) policies and regulations.

Gov-Con Solutions' RatesPlus methodology has been providing real time solutions for Government contractors for over 20 years. The DCAA does not approve software, only the functionality of the software. The DCAA has modified their audit guidelines by not providing audit reports in an ‘adequate status’ unless the system proves to perform/reconcile 100%. The DCAA is now performing transaction testing along with the requirements of the SF 1408. This requires most contractors to have a compliant accounting system, policies, and transactions following the Federal Acquisition Regulations and GAAP principals. Along with Gov-Con Solutions’ RatesPlus and Policies, we also provide expert consulting support to increase the odds in passing your DCAA audit. When Gov-Con Solutions is on your team, our experts know how to politically assist you in working with your customer to limit the loss of opportunity of your future contract.

Gov-Con Solutions understands the strain Government contractors are placed upon in passing their DCAA audits. In some cases, this comes down to solvency and resource reduction if the DCAA audit is not passed. Gov-Con Solutions has engaged in hundreds of DCAA audits from Boston to California.

There are two Phases in having a compliant accounting system.

Phase I:

QuickBooks® is the main engine of the accounting system. Although QuickBooks® is unable to meet the compliance regulations on it's own, Gov-Con Solutions’ RatesPlus software will provide the complete Government reporting necessary for DCAA compliance. Our experts will assist with the customization for the below components of your QuickBooks® System:

• Chart of Accounts
• Cost Accounting Mapping for compliant reports
• GAAP Principles
• Timekeeping/Labor Distribution/Payroll Reconciliation
• Job Cost Module
• Unallowable Segregation

Phase II:

RatesPlus Software

• Industry Standard Profit and Loss to manage indirect rates
• Full Cost Management Reports for Program Management
• Detailed Indirect Rate Calculations
• Allocation of Indirect Costs

Contact us for more information or call today for a free product demo.