Reconciling Your Ledgers in Deltek Costpoint

Overview

This FREE webinar will provide government contractors with practical guidance on reconciling ledgers and subledgers in Deltek Costpoint to ensure accurate financial reporting. Attendees will gain a clearer understanding of how the general ledger and project ledger interact, common issues that can cause discrepancies, and the best practices to resolve problems before they affect reporting. The session will also cover checking financial statement setup, reviewing project account groups, and applying the DIRE method for correcting errors. Participants will leave with strategies to prevent reconciliation challenges from carrying forward and to strengthen ongoing accounting processes.

Learning Objectives

At the completion of this one-hour webinar, participants will be able to:

Identify the different ledgers and subledgers in Deltek Costpoint
Understand the potential issues and causes of discrepancies in ledgers
Apply best practices to identify and resolve ledger and project account group issues
Review the setup of financial statements to ensure accuracy in reporting

Program Content

During the webinar, your faculty will discuss:

Ledgers and subledgers in Deltek Costpoint
Identifying issues within ledgers and subledgers
Checking the setup of financial statements in Costpoint
Understanding project account groups in Costpoint
The best methods for resolving ledger issues in Costpoint

About Redstone GCI

RGCI enables contractors doing business with the U.S. government to comply with the complex and challenging procurement regulatory provisions and contract requirements by providing superior cost, pricing, accounting, and contracts administration consulting expertise to clients expeditiously, efficiently, and within customer expectations. Our consulting expertise and experience is unparalleled in understanding unique challenges of government contractors, our operating procedures are crafted and monitored to ensure rock-solid compliance, and our company’s charter and implementing policies are designed to continuously meet needs of clients while fostering a long-term partnership with each client through pro-active communication with our clients.

For more information, contact:

Lori Beth Moses,
lmoses@RedstoneGCI.com
256-704-9811

Redstone Government Consulting, Inc.
501 Madison Street SE, Suite 100
Huntsville, AL 35801
Website: www.redstonegci.com

Instructors

Kim Lay

Senior Consultant

Kim Lay is a Senior Consultant with Redstone Government Consulting, Inc., specializing in Deltek Costpoint’s Accounting, Time & Expense, and Projects modules. With over 17 years of experience in government contract accounting, she provides expert guidance in Expense, Accounts Payable, and Billing. Kim plays a key role in supporting Redstone GCI’s Costpoint implementation clients, helping them optimize financial processes, maintain compliance, and improve efficiency. Her in-depth knowledge of Deltek Costpoint and practical, solutions-oriented approach allow her to provide meaningful insights and hands-on support to our clients. More About Kim...

Pamela Greer

Director of Costpoint

Consulting

Pamela is a Director of Costpoint Consulting and leads our Costpoint Consulting Team. She has worked with Deltek accounting systems for 25 years, both as a consultant and as user at government contractors. She has experience and expertise in multiple areas from general accounting, cost accounting, financial analysis, accounting system implementations and internal control auditing. She has worked with all types of companies from small service companies, mid-sized manufacturers, to multi-division large corporations. More About Pamela...