Kim Lay

Kim LayKim 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. Kim has played a key role in numerous Deltek Costpoint upgrades and implementations, providing expertise in system configuration, training, and process optimization. She specializes in Deltek Expense, General Ledger and Accounts Payable modules, developing tailored training and instructional materials that enable employees, supervisors, and administrators to navigate Costpoint confidently. Her in-depth understanding of Deltek Costpoint’s multiple modules strengthens collaboration between accounting, employees, and external vendors. In addition to her technical expertise, Kim has extensive experience in government travel and expense compliance, including GSA regulations, the Federal Travel Regulation (FTR), and the Joint Travel Regulations (JTR). She helps organizations develop corporate travel policies that balance compliance with employee satisfaction, leads training sessions, and creates company-specific desk manuals to streamline expense reporting. Kim’s background in Accounts Payable includes full-cycle AP processing, vendor relations, 1099 processing, and sales & use tax compliance. She has contributed to the implementation of approved purchasing systems and process improvements that enhance efficiency and compliance. Her billing expertise spans multiple platforms, including WAWF, PLSC2, Transcepta, Morado, and Exostar, across various contract types. She works closely with cross-functional teams to ensure accurate invoicing, timely collections, and effective AR aging management. Kim’s broad knowledge of Deltek Costpoint and her extensive experience across multiple financial functions make her a key asset to Redstone GCI and our clients. Her commitment to excellence and client success ensures government contractors receive the high-level support they expect from Redstone GCI.

Recent Posts

Streamlining Procurement with a Source to Pay Process in Deltek Costpoint

Looking to streamline your procurement process? Now is the perfect time to begin reviewing your complete source to pay process to increase efficiency, productivity, integration, and revenue.

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Topics: Compliant Accounting Infrastructure, Contractor Purchasing System Review (CPSR), Deltek Costpoint, Manufacturing Operations Consulting

Are You Filing 2023 1099s? You Will Need a Transmitter Control Code (TCC).

New Rule for Filing 1099s: The IRS rule TFA 23O1 reduces the electronic filing requirement from a threshold of 250 Information Returns down to 10.

Yes, you read that correctly. If you file more than 10 Information Returns after January 1, 2024, you are now required to submit those forms electronically. Employers must calculate the total number of Information Returns to determine if they meet the threshold, including 1099s, W-2s, 1098s, etc.

This means if you have a total of 4 Form 1098s and a total of 6 Form 1099-NEC, you must file electronically. All forms must be submitted to the appropriate party and through the IRS site utilizing IRIS or the “Information Returns Intake System” by the due date.

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Topics: Compliant Accounting Infrastructure, Government Regulations, Deltek Costpoint