Cash basis accounting is easily understood and usually adopted by most start-up companies. Cash basis reports only consider the flow of cash in or out of the business without regard for the often complicated rules of accrual basis accounting. Accrual basis accounting requires matching of revenue and expenses and recognition of revenue when earned and expenses when incurred - all regardless of when the cash was received or spent. Accrual basis...

Developing indirect rates is only one piece of the puzzle for government contractors. Managing indirect rates leads to financial and contract success. We find that many contractors only calculate indirect rates at the end of the year and do little to manage rates throughout the year. Several factors affect indirect rates including unplanned expenses, budget errors or oversights, and won or lost contracts. Monitoring and managing indirect rates...

WELCOME TO INTERFACE Kansas City 2022! IT Infrastructure is constantly changing, bringing more new challenges with it every day. From ransomware and the latest security threats to needs for increased bandwidth and storage, it’s nearly impossible to keep up to date. Our conference is designed to help. We’ve assembled a combination of Best-in-Breed hardware and software solutions, along with local experts and organizations, to help e...

WELCOME TO INTERFACE Salt Lake City 2022! IT Infrastructure is constantly changing, bringing more new challenges with it every day. From ransomware and the latest security threats to needs for increased bandwidth and storage, it’s nearly impossible to keep up to date. Our conference is designed to help. We’ve assembled a combination of Best-in-Breed hardware and software solutions, along with local experts and organizations, to hel...

WELCOME TO INTERFACE Sacramento-Reno 2022! IT Infrastructure is constantly changing, bringing more new challenges with it every day. From ransomware and the latest security threats to needs for increased bandwidth and storage, it’s nearly impossible to keep up to date. Our conference is designed to help. We’ve assembled a combination of Best-in-Breed hardware and software solutions, along with local experts and organizations, to he...

Service Contract Act (SCA) contracts introduce a new layer of complexity and reporting to government contracts. Contractors must consider adjustments to the indirect rate structure such as a separate fringe pool or onsite and offsite overhead pools. Wage determinations instruct contractors on the minimum wages and fringe benefits required including the option for wages in lieu of benefits - a cash payment that is often miscalculated and posted...

WELCOME TO INTERFACE Alaska 2022! IT Infrastructure is constantly changing, bringing more new challenges with it every day. From ransomware and the latest security threats to needs for increased bandwidth and storage, it’s nearly impossible to keep up to date. Our conference is designed to help. We’ve assembled a combination of Best-in-Breed hardware and software solutions, along with local experts and organizations, to help educat...

Government contractors often struggle with customer invoice creation because of the varying requirements from customer-to-customer and contract-to-contract. QuickBooks Online and Desktop provide opportunities for efficient creation of customer invoices from time and expense data. The keys to success lie in proper setup of Items for labor category and expenses, and the automated synchronization of time and expense data. We find many clients spe...

WELCOME TO INTERFACE Hawaii-SoCal 2022! IT Infrastructure is constantly changing, bringing more new challenges with it every day. From ransomware and the latest security threats to needs for increased bandwidth and storage, it’s nearly impossible to keep up to date. Our conference is designed to help. We’ve assembled a combination of Best-in-Breed hardware and software solutions, along with local experts and organizations, to help...

WELCOME TO INTERFACE Portland 2022! IT Infrastructure is constantly changing, bringing more new challenges with it every day. From ransomware and the latest security threats to needs for increased bandwidth and storage, it’s nearly impossible to keep up to date. Our conference is designed to help. We’ve assembled a combination of Best-in-Breed hardware and software solutions, along with local experts and organizations, to help educ...