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Intellitec Solutions

Dynamics SL Well Suited for Government Contractors’ Unique Accounting Needs

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Doing business with the government creates great opportunities and challenges. On the one hand, the Federal government is the largest purchaser of goods and services in the world. But governments are answerable to their stakeholders – the citizens. This creates a myriad of rules, regulations, governance, and compliance. Government contracting means facing DCAA audits and other scrutiny that those who deal with the commercial sector do not have to worry about.

For government contractors, a top priority is to comply with requirement that they provide full detail of the direct, indirect, and overhead expenses associated with each line item they invoice to a government agency as it relates to the services and products they provide. Microsoft Dynamics SL can help you comply with those FAR, CAS, and DCAA requirements. Dynamics SL makes it easy to track overhead rates, indirect cost pools, and general and administrative expenses. Project managers can keep close tabs on project costs to keep them in line with budget, and can set alerts to avoid cost over runs before they happen.

Dynamics SL also provides secure access to job summary reports to better manage project costs and profit opportunities. These reports can be made available anytime, anywhere to Project Managers via the web. These reports show a summary of Project and Task Labor, ODC’s, Indirect Costs, Revenue and Fee (Profit). Columns display Prior Years, Current Period, Year to Date, Actual, EAC (Budgeted) Amount, Estimated to Complete and Committed amounts. The report formats include:

Project at Target: Report will print by Project using targeted rates for Fringe, Overhead, and G&A

Task at Target: Report will print by Task using targeted rates for Fringe, Overhead, and G&A

Project at Actual: Report will print by Project using actual rates for Fringe, Overhead, and G&A

Task at Actual: Report will print by Task using actual rates for Fringe, Overhead, and G&A

Microsoft Dynamics SL is built to handle your specific government contractor needs today as well as your company’s future needs as you grow. Dynamics SL is the right solution for contractors who want to identify profit impact from current contracts, and plan new initiatives based on past performance

By Intellitec Solutions, Microsoft Dynamics SL Partner serving Pennsylvania

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