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Sales Contracts With Funding Limits or Ceilings

Sales contracts that have funding limits are common in professional services firms and government contractors. Entering funding limits and reducing the overall billing to those funding limits is the desired ERP and accounting system behavior.  These types of contracts are typically called time and material or cost plus.  SAP can
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10 Keys to Evaluating DCAA Compliant Accounting Software

What are the 10 keys to Evaluating DCAA Compliant Accounting Software? Let's approach this on a question and answer basis. Q: Who is the DCAA? A: The DCAA is the Defense Contract Audit Agency. It was established as a separate agency of the Department of Defense in July 1965 and
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