|
#10 You need powerful
accounting capabilities that comply with CAS, FAR and
DCAA audit guidelines: |
|
Entry
level products often get you by when you get a
contract but they often do not comply with federal
guidelines. Weak audit trails
and limited project costing features will cause you to
do a lot of work outside of your accounting software. |
|
#9 You need the assurance
that your data is accurate by account, project, CLIN,
task or employee: |
|
 When
dealing with the federal government, you are
required to slice and dice your data in many different
ways. You need to be able to
enter data once then report on it by various criteria
and process it through project costing, accounting and
payroll. |
|
#8 You
need billing forms within your software that are
required by the government to get your money fast: |
|
The DD250, 1034 and 1035 are examples of
these. The faster and more accurately your billing gets
to the government, in a format
they accept, the faster you get paid. This increases
cash flow and decreases stress for you and your
staff. |
|
#7 You
need to segregate direct and indirect costs: |
|
 Most
entry level software products can post costs to a job or
project but they can’t categorize them as
indirect and direct. Because of the segregation of these
is so important when
calculating overhead and G&A, as well as billing
accurately, this is a feature that is a must have as
your transaction volume
increases. |
|
#6 You
need full integration of accounting, project tracking,
time keeping, payroll, billing and inventory: |
|
Many products
on the market handle project costing well but when it
comes to inventory functionality, the weaknesses stand
out. If you build or distribute a product to the
government, you need full integration in all areas of
your software. |
|
#5
You need to track multiple years of history for your
company or for a project: |
|
Entry level products often keep
only a couple years of history. As your business
grows, it becomes imperative to see trends in revenue
and expenses. MAS 90/Sage
MAS 200 for
Government Contractors keeps unlimited history for your
company or project. |
|
#4 You need to collect
labor hours and/or units complete by project: You need
to collect time various ways. |
|
MAS 90/Sage MAS
200 for
Government Contractors allows for time collection,
locally on your internal network or remotely over the
web. The time can push to
payroll whether ’in house’ or outsourced and
simultaneously to the project. Project time can be
updated prior to the payroll being processed to
allow for the most up to date costs and billing numbers
available. |
|
#3 You need to
calculate and monitor overhead and G & A rates: |
|
You need to be able to monitor these
rates annually, monthly or at
the moment of your choosing. Sage
MAS 90/Sage MAS 200 for Government
Contractors has a report that can
accurately calculate these rates and compare them
to your provisional rate so you can see if adjustments
are needed. |
|
#2 You don’t want to
continue doing most of your internal and government
reporting outside of your
accounting system: |
|
If you find yourself using Excel and
Access to do most of your reporting, you may be doing
more work than necessary. The
more times you enter and manipulate data, the more room
for error there is. Sage MAS 90/Sage
MAS 200 for
Government Contractors utilizes Crystal reports
and full integration with Excel to reduce data entry
into external packages. |
|
#1 You need a quick
view by project, task, CLIN or labor type without
running a report: |
|
You may need to look at
a particular item but don’t want to run a report.
Powerful inquiry features with drill down capability
ensures the information you
need is accessible with the click of a mouse. |
|
If
you would like to speak with someone in more detail
about Sage MAS 90/ Sage MAS 200 for Government Contractors,
please call our Virginia office at
877.265.6190 or
click here
to e-mail us.
Other
Resources/Articles |
