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The Basics of Government Contract Accounting

Government Contract Accounting (GCA) is the maintenance of an organization's official financial books and accounting records, its policies, and procedures, all of which facilitate the tracking of, reporting on, and billing for, all costs, for any government contract, in accordance with the Federal Acquisition Regulation (FAR).  In order to meet
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Managing Contracts by DPAS Rating

DPAS rating stands for Defense Priority & Allocations System Rating which supports the priorities and allocations authority of the Defense Production Act of 1950 which authorized the President to require preferential treatment of national defense programs. The purpose of DPAS is to assure the timely availability of industrial resources to
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Managing Government Flow Down Requirements , Static MRP Pegging in SAP

Why would you want to statically peg MRP replenishments to the right contract? When your procurement or manufacturing focus is against a particular contract or project, some or all of the information associated with that contract or project must flow down to sub-contractors, vendors, and the shop floor.   Government contractors
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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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Government Compliance in SAP

The issue of accounting system compliance does not completely revolve around the software itself. Certainly a key consideration is the functionality and capability of the software employed, but even more important is the network of practices and procedures required for compliance. And most important of all are the internal control
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