Compliance Blog

What growing businesses need to know about DCAA accounting system compliance
How to Set Up an Indirect Cost Pool Structure in QuickBooks
In government contract accounting, indirect costs are accumulated into cost pools, then allocated among those contracts benefitting from the indirect costs. How can you structure indirect cost pools in the QuickBooks chart of accounts to record indirect costs and satisfy SF1408 item 2(c)? 
DCAA Compliance Resources & Guidance
Get up to speed on what is required for setting up an adequate accounting system. DCAA has provided information on their website to help contractors satisfy the requirements imposed by the Federal Acquisition Regulation (FAR) and Defense Federal Acquisition Regulation Supplement (DFARS), and know what to expect in an accounting system audit. We've compiled a list of key resources that small businesses should be familiar with.