DCAA Compliance Blog

Your Source for DCAA News and Information for Contractors

ReliAscent® LLC is the only government contract accounting firm that specializes in all aspects of government contracting compliance.  From our DCAA compliant accounting services, to monthly government contract accounting for all government agency awards, contract management & administration, and financial services & planning, our goal is to ensure the success of our clients, and all small business government contractors and grantees.  

In our DCAA Blog, we discuss the latest government contracting news from the Federal Government, the DCAA, and DCMA, as well as promotions offered by ReliAscent, and helpful tools and resources for contractors.

We hope you will visit and take part in the discussions on our blog on a regular basis. If you ever have any questions or would like to discuss how our experts can help, do not hesitate to contact us at any time!  


 

NAV / PVBS - DCAA Compliant Accounting Software

Posted by Mike Anderson on Fri, Jun 20, 2014 @ 10:18 AM

A small business that is a government contractor doesn't have a lot of choices for DCAA compliant accounting software.  Most small businesses start by using QuickBooks®.  While QuickBooks® is a very good accounting system for a small business, it is not designed to meet DCAA requirements.  There are ways to make a QuickBooks® based system into a DCAA compliant accounting system (ReliAscent has been doing this for years), it involves integration of several different pieces.  The operation of this type of system can become cumbersome as the company grows in either employees or number of government jobs or both.  In the past, many growing small businesses looked to software such as the Deltek GCS Premier® product to accommodate the growth.  The Deltek product has been recognized as the "industry standard" for many years.  While this is a solution, some of the complaints from small business has focused around the age of the software, the cost of the software and the inflexibility and difficulty of use of the software. 

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Topics: DCAA Compliant Accounting Systems, DCAA compliant accounting software, NAV, PVBS