General Accounting & Contract Compliance

General Accounting and Contract Compliance

Chart of Accounts setup
Contract compliance
Payroll setup & processing
Timesheet implementation & compliance
Payroll tax filings
Multi-state payroll tax registration
W-2 & 1099 processing
Temporary assistance with accounting functions
Review of financial systems and correction recommendations
Cash and credit account reconciliation
Accounts Payable/Receivable
Month/year end closings
Invoice creation and remittance
Financial statement analysis
Indirect rate calculation & assessment
Sales & consumer use tax reporting & compliance
Budgeting, projections, forecasting

Indirect Rate Calculation

Set up of indirect rate structure based upon awarded and anticipated future contracts
Development of budgeted indirect rates based upon awarded and anticipated future contracts
Monthly calculation of indirect rates when accounting system is not programmed to compute automatically
Monthly analysis of actual and budgeted indirect rates
Preparation of forecasted indirect rate calculations that can be utilized for government compliance and future proposals

Invoice Creation and Remittance

Creation of customizable invoice for customer remittance based upon contract requirements
Creation, submission, and maintenance of FFP, CPFF, CPFF-LOE, T&M invoices
Cumulative cost and labor tracking by funding levels
Contract modification tracking and maintenance
Submission of invoices into Wide Area Workflow or other customer driven remittal source
Analysis of revenue and cost at customer or job level

Timesheet Implementation & Compliance

Arrangement of electronic timekeeping demonstrations
Timekeeping product support among varying electronic systems
Implementation of timekeeping products that integrate with current accounting system
Setup and maintenance of current and additional charge codes within timekeeping system
Entry of timesheets into accounting software
Report analysis of time charged for invoice processing and contract maintenance