Once your accounting system is brought into compliance, ReliAscent® offers three levels of accounting services to Federal Contractors and Grantees, each tailored to your business and compliance needs.
First, our experts set up clients with our secure cloud-hosted, DCAA compliant QuickBooks Enterprise system (or, we can help them to convert their existing QuickBooks file to be compliant with DCAA, FAR and /or other Contracting Agency [NSF, NIH, DoE] requirements). If you haven't yet already, we recommend you take advantage of our Free QuickBooks® DCAA Compliance Review, if you are unsure if your current QuickBooks® (or other accounting system/software) is compliant.
ReliAscent® can then either train your employees to perform basic bookkeeping functions (while our experts provide monthly closes, ICE submission support, audit support, and other additional services), or we can operate the system on a virtual, outsourced basis. Outsourcing compliant accounting not only allows the business to focus on what it does best (and relieve the stress, cost and extra effort of staying compliant with government regulations), but it actually saves small businesses (potentially) thousands of dollars each month. The choice is up to you: whatever you feel comfortable with and makes the most sense given your budget and needs.
It's important to understand that the level and type of services your business requires varies depending on many factors. These include:
Remember: all monthly accounting costs are recoverable through your indirect rates, and our experts are here to help ensure your business stays compliant, profitable, and positioned for success!