Date/Time
Date(s) - 12/12/2016
10:00 am - 12:30 pm

Location
MEC - Leesburg

Categories

• Government Procurement

Fundamentals of Government Contract Accounting

• Major Contract types
• Direct and Indirect cost
• Cost Accumulation Structure
• Indirect Cost Pools
• Indirect Rates
• Accounting for Unallowables
• DCAA Accounting Systems Survey checklist
• Accounting Policy and Procedures
• Accounting & timesheet software options for contractors

How to setup your QuickBooks file to help you pass DCAA Accounting system review

• How to Setup chart of accounts to segregate direct and indirect cost
• How to segregate and capture FAR 31.205 related Unallowables cost
• How to setup payroll to track direct and indirect labor
• How to generate labor distribution report
• How to setup customer, project, task to track revenue and direct cost by project
• How to capture direct cost by project and run job cost report

This class is taught by MillerMusmar CPAs, a full service, performance driven CPA firm. MillerMusmar CPAs offer cost-effective and responsive service clients to provide management-friendly tax advice and creative solutions to complex problems government contractors face every day.