Cost Management

Dassian Incurred Cost Reporting (ICR)

U.S. Government contractors with flexibly priced contracts must file an Incurred Cost Submission annually under FAR clause 52.216-7, Allowable Costs and Payment. The basic premise of this filing is to report actual costs incurred on government contracts, including both direct and indirect costs, and to reconcile them to the amounts billed. These cost proposals are due six months following the close of the company's fiscal year and for good reason. It takes most government contractors every bit of six months to produce these reports.

Automate your ICS preparation with Dassian Incurred Cost Reporting. It makes short work of filing your ICS annually and provides for the seamless creation of the Incurred Cost Submission (ICS) schedules within SAP® ERP. Dassian ICR is designed to provide an out of the box solution to the ICS reporting challenges faced by government contractors. You can even use Dassian ICR as an analytical tool to calculate your indirect rates any time and always know your indirect rate variances.

Dassian Incurred Cost Reporting Success

What Does Incurred Cost Reporting Success Look Like?

Incurred Cost Reporting With the Click of a Button
ICR - An Analytical Tool
Easily Generate 'What If' Scenarios
Measure Performance Anytime
Don't Be Surprised At Year End

Business Benefits

  • Take the stress and guess work out of producing your incurred cost submission
  • Easily produces ICS schedules A thru H directly from SAP and into Excel®
  • Calculate actual indirect rates at any time, quickly and efficiently
  • Perform rate and variance analysis by month, quarter, and FY year-to-date
  • Produce lettered schedules multiple times through the year to catch any errors or discrepancies early and often
  • Reduce the costs and length of time associated with producing your ICS submittal while freeing the analyst for other important things like making the adjustments and annotations required for a completed ICS submission

Compliance Benefits

  • Demonstrate to DCAA auditors complete transparency from source costs through to submission
  • Audit and reconciliation reporting included
  • Multiple rate deck capability provides the option to model pro forma disclosure statement changes on current and prior year costs to gauge impact prior to making the changes
  • Native SAP integration means one source of truth for ICS submissions

IT Benefits

  • Eliminates the need for custom development of complex regulated reporting requirements
  • Runs on SAP ERP application server with no additional hardware requirements
  • Fast ROI based on eliminating several months of manual effort to prepare ICS reports
  • Proven low risk COTS offering
  • Fully supported solution with lower TCO

Key Features

  • Easily produces ICS schedules A thru H directly from SAP and into Excel®
  • Full support for schedule adjustments with annotating notes and clarifications
  • Calculate actual indirect rates at any time, quickly and efficiently
  • Supports multiple disclosure statements as well as multiple versions of each
  • Unlimited number of labor, fringe and intermediate pools
  • Develop and analyze direct and indirect rates for both prior and current year activity
  • Multiple rate deck capability provides the option to model proposed disclosure statement changes on current and prior year costs to gauge impact prior to making the changes. 
  • Store your ICS schedules in a secure repository based on SAP authorizations where they can be retained and easily viewable any time

Easy-to-Use Reporting Engine

Dassian ICR extracts all cost information and provides this data at your fingertips while automating the error prone drudgery of extracting contract and cost information for the purpose of building your ICE model in Excel. ICR allows your company to reduce the costs and length of time associated with producing your ICS submittal while freeing the analyst for other important things like making the adjustments and annotations required for a completed ICS submission.

Dassian ICR's native integration in your SAP ERP system provides one source of truth for audits, while drastically reducing the time it takes to calculate actual indirect rates for costing and rate analysis.

Dassian ICR makes it easy to quickly export all or some of your ICR schedules and reports into separate MS Excel workbook tabs.