Redstone Government Consulting Blog | Deltek Costpoint

Accurate project reporting depends on more than running the right reports. Government contractors need to confirm that Costpoint data is current, evaluate whether costs and revenue are reasonable, and investigate differences between reports. Regular review of the Project Status Report (PSR) and Revenue Worksheet helps accounting and project management teams identify missing processing, unexpected revenue calculations, and configuration issues before they affect monthly reporting and project decisions.

A successful Costpoint implementation isn’t defined by whether the system is live. It’s defined by whether the business is truly ready to operate within it. That means processes are working, data is reliable, users are confident, and the organization can execute day-to-day operations without disruption.

When your accounting or Costpoint subject matter expert leaves, issues start to crop up. Perhaps expense reports are stuck with errors, delaying employee reimbursements. Project designs may not support billing requirements, including the setup of billing formulas and billing formats. Missing or incorrect revenue formulas can cause revenue miscalculations and incorrect information on project reports. Setup issues in your Project Account Groups can affect revenue, billing, and project reporting throughout Costpoint.

Government contractors often focus on billing formulas, revenue setup, and reporting outputs without realizing Project Account Group (PAG) structure helps drive those outcomes. PAG decisions can affect how costs are categorized, which then affects financial reporting, project reporting, billing, and revenue calculations. A well-designed PAG structure helps create consistency across projects, while a misaligned structure can lead to unexpected reporting results, additional reconciliation efforts, and unnecessary maintenance over time. In this article, we'll explore what PAGs are, why they matter, and how proper configuration can help support more reliable billing, revenue, and project reporting.

A successful Deltek Costpoint manufacturing implementation requires more than system configuration. Cross functional involvement, early data planning, thorough testing, and continuous training help government contractors build internal capability, reduce rework, and establish processes that can support the business well beyond go-live.

A successful ERP implementation isn’t measured only by meeting the go-live date. It is measured by a properly configured system, properly trained personnel, and confidence in the data output. Redstone GCI’s Deltek Costpoint consultants strive to ensure clients not only meet their go-live date but also feel operationally ready to run and use their ERP system. In this article, we focus on what a Costpoint implementation with Redstone GCI looks like from discovery through go-live. Our implementation approach is structured around more than system configuration. It is guided by government contracting expertise, operational understanding, and the compliance considerations that shape how government contractors need Costpoint to function.

Costpoint Materials and Manufacturing is highly configurable, but that flexibility requires intentional design. Government contractors who implement without planning for growth often face costly reconfigurations as operations scale. Aligning manufacturing with accounting from the outset builds a system that supports the business today and adapts as complexity increases.

Deltek will retire certain Costpoint authentication methods effective July 30, 2026. Users in affected cloud environments who do not transition to approved login methods may lose system access. Contractors should evaluate current configurations, coordinate with IT, and plan timely updates to avoid operational disruption and potential compliance impacts.

Deltek has announced many new improvements over the past 2 years. From a completely new User Interface to simpler solutions, Deltek is working to create a more “harmonious” experience for its users. Today, we are going to review a newly released functionality that will hopefully reduce manual effort in correcting IRS Form 1099.

Implementing any new ERP system is no small task. As you probably know, Deltek Costpoint is a complex system. Complex doesn’t have to mean complicated. No need to stress. This is where a strong implementation partner and a strong internal implementation team play an important role. What drives the success of an implementation? Detailed planning, effective communication, training, hands-on testing, data reconciliations, and a commitment by company personnel to see the project through every “first” after go-live.