ICAT Software Logo

DCAA Compliance Software for QuickBooks®

Transparent Pricing. Off-the-Shelf Convenience.
Choose the edition that fits your business.

Starter Edition

Adds basic cost accounting functions for entry level Government Contractors

$ 1,250 / year 1 $400 / annual renewal
  • Indirect Cost Allocation
  • Indirect Rate Calculation
  • Profit & Loss Reports by Job
  • Contract Cost Reports
Select Edition

Standard Edition

Essential functions for Cost Reimbursement and Time & Materials Type Contracts

$ 2,000 / year 1 $750 / annual renewal
  • Includes all Starter Edition Features plus…
  • Labor Reporting by Job
  • Indirect Rate Variance Report
  • Contract Status Reports
  • Cost Pool Analysis
Select Edition

Advanced Edition

Comprehensive tools for Government Contractors who want complete control

$ 3,000 / year 1 $1,500 / annual renewal
  • Includes all Standard Edition Features plus…
  • Incurred Cost Proposal Workbook
  • Budget Development
  • Provisional Rate Calculation
  • Budget vs Actual Reports
Select Edition

All Editions Include

Seemless Integration with

QuickBooks logo
ICAT works with Unlimited Users

Unlimited Users per QuickBooks Entity

ICAT supports a customizable Cost Pool Structure

Fully Customizable Cost Pool Structure

ICAT includes Built-In Indirect Rate Model Templates

Pre-Built Indirect Rate Model Templates

ICAT works with any Timekeeping Software

Works with any Timesheet Software

Export Any ICAT Reports to Excel

Export All Reports to Excel

Get Started Today

Join the hundreds of businesses that have chosen ICAT to help them achieve compliance and grow their business.

Compare Features

ICAT is available in 3 Editions, so you can pick the features that fit your needs.
Upgrade to the next edition any time. No surprise fees.

Starter Standard Advanced ICAT Edition Features
Set up a QuickBooks chart of accounts for new contractors
Build a custom indirect rate model
Create a rate model from pre-built templates
Calculate indirect rates logically and consistently
Allocate indirect costs to jobs
Establish intermediate allocations by non-cost units
View direct and indirect costs by job
Generate profit & loss reports by job
Run contract cost reports for any timeframe
Calculate wrap rates
Export reports to Excel
Monitor indirect rate variances
View labor hours and costs by job
Reconcile labor distribution to timekeeping/payroll records
Track contract status vs. contract funding
View labor and costs over life of the contract
Calculate hourly billing rates by employee
Graphically display cost pool components and final costs
Generate your Incurred Cost Proposal with cost data automatically populated
Export Incurred Cost Proposal schedules to Excel
Build granular budgets for future periods
View budgeted costs by employee and by job
Track budget vs. actual through the life of the contract
Develop provisional indirect rates

View ICAT Product Sheet
Buy ICAT

Compare Features

ICAT is available in 3 Editions, so you can pick the features that fit your needs. Upgrade to the next edition any time. No surprise fees.

Starter Edition

    • Set up a QuickBooks chart of accounts for new contractors
    • Build a custom indirect rate model
    • Create a rate model from pre-built templates
    • Calculate indirect rates
    • Allocate indirect costs to jobs
    • Establish intermediate allocations by non-cost units
    • View direct and indirect costs by job
    • Generate profit & loss reports by job
    • Run contract cost reports with indirect costs
    • Calculate wrap rates
    • Export reports to Excel

Standard Edition

  • Includes all Starter Edition Features plus…
    • Monitor indirect rate variances
    • View labor hours and costs by job
    • Reconcile labor distribution to timekeeping/payroll records
    • Track contract status vs. contract funding
    • View labor and costs over the life of the contract
    • Calculate hourly billing rates by employee
    • Graphically display cost pool components and final costs

Advanced Edition

  • Includes all Standard Edition Features plus…
    • Generate your Incurred Cost Proposal with cost data automatically populated
    • Export Incurred Cost Proposal Schedules to Excel
    • Build granular budgets for future periods
    • View budgeted costs by employee and by job
    • Track budget vs. actual through the life of the contract
    • Develop provisional indirect rates
View ICAT Product Sheet
Buy ICAT

FAQ

Is ICAT DCAA compliant?

ICAT alone does not make your accounting system “DCAA compliant.” No software application is DCAA compliant; Companies are DCAA compliant when they demonstrate that all required elements of their accounting system are in order. This includes written policy statements with corresponding procedures in place for timekeeping, labor distribution, indirect cost allocation, job cost reporting, and billing. The evaluation criteria are outlined on Standard Form 1408 – Preaward Survey of Prospective Contractor Accounting System.

ICAT gives government contractors key capabilities for compliant Federal contract cost accounting that QuickBooks alone does not provide. With ICAT you can efficiently and consistently calculate indirect rates, allocate indirect costs to contracts, run job cost reports, and reconcile labor distribution. For contracts subject to FAR 52.216-7, ICAT enables you to generate your Incurred Cost Proposal to support this requirement. The Budget module enables you to substantiate cost proposals and develop provisional billing rates.

Questions? Contact us.

Which versions of QuickBooks will work with ICAT?

ICAT works with any Windows-based Desktop Edition of QuickBooks currently supported by Intuit, including QuickBooks Pro, Premier, Enterprise, and Accountant. View the full System Requirements here.

At this time ICAT does not work with QuickBooks Online. Join our email list to recieve product updates.

My QuickBooks Desktop application is cloud-hosted. Can I use ICAT?
Definitely! With a cloud-hosted solution, you have convenient, secure access to your QuickBooks Desktop application from anywhere. Ask your hosting provider to provision ICAT in your remote environment.
Which timekeeping systems work with ICAT?

You have the flexibility to choose the timekeeping solution that meets your needs. Any web-based timekeeping system that integrates with QuickBooks Desktop and satisfies the necessary DCAA internal control requirements will work with ICAT. Your time data will be imported into QuickBooks. ICAT reads that data from QuickBooks.

Which edition is right for my company?

ICAT is available in three editions. For most companies preparing for a DCAA accounting system review, ICAT Standard or Advanced Edition is the best fit.

ICAT Standard Edition provides the core cost accounting capabilities plus essential features for DCAA compliant accounting and contract management. Standard Edition includes job cost, contract status, labor distribution, and indirect rate variance reporting.

For contracts subject to FAR 52.216-7, ICAT Advanced Edition’s Incurred Cost Proposal Workbook will save you significant time and effort satisfying this requirement. ICAT generates all schedules (required and optional) with your cost data automatically populated from QuickBooks and ICAT.

Also in the Advanced Edition, ICAT’s Budget module enables you to make informed pricing decisions, support cost proposals, and develop provisional billing rates. The Budget module is a popular feature for those looking for greater control over their financials.

ICAT Starter Edition offers basic indirect rate calculation and indirect cost accounting functionality as an entry-level product. Starter Edition is suitable for those who do not yet have government contracts or those with fixed price contracts. If you're just getting started, ICAT Starter helps you understand your indirect rates. Upgrade at any time to add the full capabilities of ICAT.