Heather Stroud

Heather StroudHeather joined Redstone Government Consulting, Inc. in December of 2017 as a Consultant. Her areas of expertise include supporting government contractors in the implementation and operation of Costpoint, assisting with employee training and providing outsourced accounting services, including general ledger, unbilled analysis, reconciliation, accounts payable, accounts receivable, payroll, and payroll taxes. Heather specializes in best accounting practices, from setup and training to monthly processing. Heather has over 17 years’ experience in government contracting, supporting a wide range of contract types and customers. Her areas of expertise include program control, financial analysis and forecasting, government cost accounting, and procurement. Heather’s hands-on technical experience in all aspects of the business department provides a unique set of expertise for our clients. Heather has led numerous Costpoint implementations and re-implementations for the Accounting and Projects modules. She has worked directly with our clients to design accounting systems that are meaningful and useful for each individual client. Heather also assists contractors with the implementation of the new Subcontractor module and Budget & Planning module within Costpoint. She provides training in these modules and has developed desktop procedures that allow for a quick and seamless transition and implementation of both modules. Heather is Costpoint certified in Billing & Accounts Receivable, Accounts Payable, Projects, General Ledger, and the Master Costpoint Certification. Heather graduated with a Bachelor of Science Degree in Financial Management and a minor in Economics from the University of Alabama in 2006.

Recent Posts

DCAA Accounting System Compliance with Deltek Costpoint

The Costpoint group at Redstone Governtment Consulting concluded a great event with Deltek in April during which DCAA representatives gave a keynote session on Accounting System Requirements (or SF1408). Just reading the SF1408 can be confusing or make the requirements seem complicated. However, if you understand the basics and know how Deltek Costpoint can achieve the requirements it can be easier to ensure you are ready for a DCAA review.

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Topics: Compliant Accounting Infrastructure, DCAA Audit Support, Deltek Costpoint

Why You Don't Want to Miss Redstone GCI's Day with Deltek 2024

Redstone GCI's Deltek Costpoint group is hosting Redstone GCI's Day with Deltek on April 11th. This FREE event will include sessions with Deltek and Redstone Government Consulting experts, networking opportunities, and 4 CPE credits. This year's event includes sessions on CMMC, system audit preparation, and even a live report writing training session. We will also have a special lunch and learn session with a DCAA representative.

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Topics: Deltek Costpoint

Deltek Costpoint Indirect Rate True-Up Invoicing

In government contracting, Deltek Costpoint stands out as a comprehensive enterprise resource planning (ERP) solution designed to meet the specific needs of government contractors. One crucial aspect of financial management is the indirect rate true-up process, a fundamental component of invoicing within the Deltek Costpoint system. In this blog, we will explore the intricacies of Deltek Costpoint indirect rate true-up invoicing, shedding light on its significance, the process involved, and its impact on government contractors.

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Topics: Compliant Accounting Infrastructure, DCAA Audit Support, Deltek Costpoint

Fiscal Year-End Close in Deltek Costpoint: General Ledger and Projects

As we approach the end of the year, it is time to shift our focus on closing the fiscal year and preparing the upcoming fiscal year. Closing the fiscal year in Deltek Costpoint involves a series of steps to ensure accurate reporting, compliance, and a smooth transition into the new fiscal period. In this blog, we'll provide a guide on the steps for closing the fiscal year in Deltek Costpoint, focusing on both the General Ledger and Project aspects.

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Topics: Compliant Accounting Infrastructure, Deltek Costpoint

Project Account Groups in Deltek Costpoint for Government Contractors

One key feature that makes Deltek Costpoint the top solution for government contractors is its ability to manage the segregation of direct and indirect costs, especially through its Project Account Groups. In this blog, we'll discuss Project Account Groups in Costpoint, what they are, their importance, and how to use them to segregate costs properly.

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Topics: Compliant Accounting Infrastructure, DCAA Audit Support, Deltek Costpoint

Risks and Consequences to Billing and Revenue Changes in Deltek Costpoint

While it may be tempting to change the Project Account Group (PAG) in Deltek Costpoint, revenue and billing formulas, revenue and billing formula levels, or a combination of both, you must consider the risks and consequences accompanying this decision.

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Topics: Compliant Accounting Infrastructure, DCAA Audit Support, Deltek Costpoint

Common Deltek Costpoint Questions and Complaints (Part 2)

Heather Stroud is a Senior Consultant in Redstone Government Consulting's Deltek Costpoint group. She primarily works in the Accounting, Projects, and Planning modules for Deltek Costpoint. The Costpoint Group works with our clients to implement Deltek Costpoint, create customized training, and assist with day-to-day processing. This two-part video and article discuss some common Deltek Costpoint questions and complaints we hear from our clients.

Did you miss Part 1? You can view it here

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Topics: Vlog, Deltek Costpoint

Common Deltek Costpoint Questions and Complaints (Part 1)

Heather Stroud is a Senior Consultant in the Deltek Costpoint group at Redstone Government Consulting. She primarily works in the Accounting, Projects, and Planning modules. Redstone GCI's Costpoint Group works with our clients to implement Deltek Costpoint, create customized training, and assist with day-to-day processing. This two-part video and article discuss some common Deltek Costpoint questions and complaints we hear from our clients.

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Topics: Vlog, Deltek Costpoint

Overview of the Deltek Costpoint Planning Module

Deltek Costpoint Planning provides access to up-to-date, accurate information for developing, adjusting, auditing, approving, and re-forecasting project budgets and annual operating plans. We usually see three types of users in the Planning module: Business Development, Project Managers, and Project Control/Financial Analysts. Business Development users have access to develop new business budgets. Project Managers can create project budgets and run meaningful reports allowing them to make real time decisions and properly manage their programs. Project control/financial analysts can develop organization budgets and reconcile corporate and project budgets more accurately to better forecast their indirect rates.

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Topics: Compliant Accounting Infrastructure, Proposal Cost Volume Development & Pricing, Deltek Costpoint