by GovCon365 | Mar 24, 2020 | Blog
Government contracting is one of the most heavily regulated industries in the country; an assortment of laws and acts accompany every single project. An important and frequently misunderstood set of regulations are those laid out by the Service Contract Act (SCA),...
by GovCon365 | Feb 28, 2020 | Blog, FAR, Government Contracting
In the previous blog, we looked at the primary challenges government contractors face when addressing internal accounting requirements and compliance. In Part 2, we want to cover the spectrum of duties for government contracting accounting teams and a few best...
by GovCon365 | Jan 30, 2020 | Blog
A lot happens between the Request for Proposal (RFP) and the submission of contract proposals. For seasoned government contractors, the process is always time-consuming, complex, and intricate, even more so for companies new to the industry. To help remedy the dense...
by GovCon365 | Dec 26, 2019 | Blog, DCAA, Government Contracting
Business accounting on its own has a variety of complexities, but accounting for government contractors puts a whole new meaning to the role of business accounting. Government contractors are not only under the dominion of regular accounting practices, but their...
by GovCon365 | Dec 19, 2019 | Blog, Compliance, DCAA
In Part 1, we discussed the primary rules and regulations for timekeeping compliance. In this portion of the series, we’ll be going over written policies and the benefits of opting for an electronic time-tracking system as opposed to timecards. Also, we’ll...
by GovCon365 | Dec 12, 2019 | Blog, Government Contracting, Microsoft Dynamics 365
Government contractors don’t operate their business in the same way that other B2B companies do. Their infrastructure is different, their operations are different, and most importantly, the sales cycle for government contractors are very different from those in...