Dassian Incurred Cost Reporting (ICR)

Automated calculation of indirect rates for incurred cost reporting



At a Glance

  • chevron_right Product Name

    Dassian Incurred Cost Reporting (ICR)

  • chevron_right Product Code

    DP032

Dassian Incurred Cost Reporting (ICR)

Certain federal contracts require the contractor to submit an Incurred Cost Submission (ICS) proposal to the Defense Contract Audit Agency (DCAA) within six months after fiscal year close. Prime contractors and subcontractors spend an enormous amount of time and effort assembling and adjusting financial data to comply with this requirement. Often it takes every bit of that six month window to prepare the final ICS proposal. And a late submission can cost significant financial penalties.

Dassian ICR makes short work of preparing your ICS, easily generating Schedules A through H within SAP®. It installs into your SAP landscape like any other SAP functionality, without complicated, error-prone spreadsheets or interfaces to an external system. You can use Dassian ICR as an analytical tool to calculate your actual indirect rates any time, so you always know your indirect rate variances.

Key Benefits

  • Reduces the cost, effort, duration, and stress of producing your incurred cost submission
  • Easily produces ICS schedules A thru H directly from SAP financials into Microsoft Excel
  • Integrates with your SAP database as the single source of truth for ICS submissions
  • Gives you complete transparency and traceability from source costs through submission, reducing the pain of auditing and reconciliation
  • Eliminates the need for custom development to meet complex regulations
  • Runs on and seamlessly integrates with SAP ECC or SAP S/4HANA with no additional hardware requirements

Key Features

  • Supports multiple disclosure statements and multiple versions of each
  • Supports an unlimited number of labor, fringe, and intermediate pools, material bases, and indirect cost allocations
  • Enables schedule adjustments with notes and clarifications
  • Allows you to develop and analyze direct and indirect rates for both prior and current year activity
  • Stores your ICS schedules with supporting data in your secure SAP environment