Redstone Government Consulting Blog (6)

Project status report (PSR), job status report, project summary, many names for the same thing…a report that gives the user a summary of the information associated with a project. The project status report in Deltek’s Costpoint is a snapshot of a project's current status at any given time. It contains data from many different sources and is useful to Accounting, Project Management, and Leadership to assess the current position of a project or contract. This report has a range of options to provide users with the specific information related to the project they would like to review.

Topics: Accounting System Compliance, Government Compliance Training, DCAA Audit Support, Deltek Costpoint

I believe most prudent businesspeople would consider providing water and coffee to their employees and customers a reasonable business expense and consider it an allowable cost. Well, Defense Contract Audit Agency (DCAA) auditors are not most people and, in most cases, have little to no business experience, so they believe providing water and coffee is an unallowable cost.

Topics: Accounting System Compliance, Incurred Cost Proposal Submission (ICP/ICE), DCAA Audit Support, Government Regulations, Federal Acquisition Regulation (FAR)

Government contracts can be a great opportunity. They often come with stability, a steady income, and the chance to scale your business. But they also come with strings attached: a detailed set of rules and expectations, especially when it comes to your accounting. Unfortunately, many government contractors learn about those rules the hard way, which is after they’ve already made a mistake. In this article, we’ll walk through some of the most common accounting mistakes that can derail even experienced contractors, cost you money, or worse, jeopardize your contracts.

Topics: Accounting System Compliance, Incurred Cost Proposal Submission (ICP/ICE), Small Business Compliance, DCAA Audit Support, Quickbooks, Government Regulations, Federal Acquisition Regulation (FAR)

Are you taking full advantage of all the features that Deltek Costpoint’s Procurement modules can provide to your Manufacturing business? We regularly work with clients to assess their current utilization of the procurement modules and make recommendations on how they can better utilize this powerful capability. In this multi-part article series, we will discuss some of the many Costpoint Procurement features that we want to ensure you are aware of, to help your manufacturing procurement processes run even better. Many of these apply even if you are not a manufacturing business and are just procuring goods & services.

Topics: Accounting System Compliance, DFARS Business Systems, Contractor Purchasing System Review (CPSR), Government Property Management, Deltek Costpoint, Material Management & Accounting System (MMAS), Manufacturing Operations Consulting

Labor relations is not just an HR function; it truly is a core leadership responsibility. Suppose your team is a current union organization or considering unionization. In that case, your frontline managers have to be trained to interact with unions not just legally, but also strategically and respectfully. Having untrained managers can quickly escalate potential issues without realizing it. Here is a comprehensive guide to train managers on effective union interactions.

Topics: Human Resources, Government Regulations, Organizational Change Management Consulting, Manufacturing Operations Consulting, Employers & Unions

A while back, I wrote an article addressing the risk associated with submitting “other than certified cost or pricing data.” Nothing has changed. When you are requested to submit “data other than certified cost or pricing data,” it must be current, accurate, and complete as of the date of submission. However, you have no requirement to update the contracting officer after submission.

Topics: Proposal Cost Volume Development & Pricing, Contracts & Subcontracts Administration, DCAA Audit Support, Government Regulations, Federal Acquisition Regulation (FAR), Commercial Item Determination

Government contracting can be volatile at times, with programs being at risk, under a stop-work order, or even canceled. This can create challenges to the back-office maintenance of the contracts in your Deltek Costpoint environment. In this article, we will discuss how to navigate these challenges properly. We’ll also explore key tools and best practices in Deltek Costpoint to help streamline your contract close-out process. Our goal is to help you mitigate potential risk and maintain project control in your system.

Topics: Accounting System Compliance, Contracts & Subcontracts Administration, DCAA Audit Support, Deltek Costpoint, REAs, Claims & Terminations

While selecting the right HRIS system is a major process in itself, configuring it is a whole other piece of the puzzle. From the recruitment-to-hire process to timekeeping and payroll, it’s essential to set up the system optimally from the start to support compliance and ensure the most success as your business grows. When you add in the government contract compliance piece, the “puzzle” is even further complicated.

Topics: DCAA Audit Support, Human Resources, Office of Federal Contract Compliance Programs, Service Contract Act, UKG Ready HR Software Consulting

Software implementations can be intimidating. Business leaders may have concerns about cash flow, staffing, workload, change management, and numerous other issues. A successful Unanet implementation requires the use of best practices, a well-defined timeline, and a customized approach for each client, tailored to their specific environment and resources. This article outlines some of the strategies we use at Redstone GCI to help clients achieve a smooth and successful Unanet implementation.

Topics: Accounting System Compliance, Small Business Compliance, Unanet

Accurate timekeeping is important to most businesses, but for federal government contractors, it is crucial to compliance and continued success. While timekeeping may seem like a straightforward and simple task, it can be daunting for those responsible for developing and implementing appropriate processes, systems, and audit trails. Improper procedures can quickly lead to reporting inaccuracies and audit nightmares! A well-designed process, accompanied by an accurately designed system and a well-documented and communicated policy, is critical.

Topics: DCAA Audit Support, Human Resources, Office of Federal Contract Compliance Programs, Service Contract Act, UKG Ready HR Software Consulting