Community Tips

Organizing Federal and Commercial Businesses by Legal Entity

Organizing Federal and Commercial Businesses by Legal Entity Overview                 Many companies perform against both commercial and Federal contracts.  SAP as an enterprise wide ERP technology platform is intended to run common processes for a corporation and provide a single source for all data.  Leveraging the power of SAP,
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What is Total Time Accounting, or Total Time Reporting?

Labor cost is an important element of project cost accounting, not only for the professional services industry, but for manufacturing and other industries. The US government requires that cost be allocated fairly and equitably across a company's various cost objectives, in reasonable proportion to the benefit accruing to them. A
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DCAA Compliance – the Pitfalls and the Burdens

Compliance – the Pitfalls and the Burdens Having read many articles and discussions on Compliance and related topics plus years of experience helping clients implement software and processes to aid in gaining or maintaining compliance there appear to be many pitfalls to the process. There are specific regulations regarding
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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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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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SMB Government Contracting Solution

SMB Government Contracts Are you a Small to Medium Business dealing with government contracts? Running into government compliance issues? Can your old system no longer cope? SAP and Dassian may have the answer to these problems! You may think that SAP is beyond your reach. SAP is often considered
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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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