How To
- BizDev via the Veteran’s Institute for Procurement (VIP)
TBS Principal Joe Jezior is a founding member of GovConNet, part of the Montgomery County Chamber of Commerce. He along with other chamber members established the Veteran’s Institute for Procurement VIP - an educational training program for veteran business owners, principals and C-level executives.
- Can I Save This GCS Premier Contract Setup?
There are occasions when you may want to change the contract type (such as from a T&M contract type to a FP or CPFF contract type). This guide from Cordia Partners will help you make those conversions cleanly.
- Changing Pay Frequencies in GCS
Aside from backing up your data, what other steps should you take in order to change pay frequencies? These steps from Cordia Partners will help you make the changes in a smooth and straightforward manner.
- Citrix Metaframe Client Installation and Account Setup Instructions
The PC or Laptop you are using to access applications hosted by TBS must have a standard Citrix Web Plug-in installed. This is a free application and only needs to be downloaded once per machine. To install the Citrix Web Plug-in, please follow these steps.
- Comp Time Policies – Accounting Impacts for Government Contractors
The term “Comp Time” is often overused and can mean different things to different people. These suggestions by CPA Stephanie Widzinski of Watkins Meegan, will help guide you as you develop your firm's comp time policy.
- Document Retention Policies: How Long Should You Keep Things On-File?
When should you hold on to documents and when should you toss them? This reference guide from Watkins Meegan should help you keep your documents under control.
- Financial Audits – Deficiencies & Material Weaknesses & Their Meaning
A financial statement audit is designed to express an opinion on the financial statements, not on the entity's internal controls. However, obtaining an understanding of these controls remains a key part of every financial statement audit. Phil Philips, CPA of Watkins Meegan helps explain the language surrounding control gaps and deficiencies.
- Government Contracting Teaming and Procurement Strategies
For Government Contractors located near the nation's capital, the Montgomery County Chamber of Commerce has established the group Government Contractors Only (GCO) in an effort too promote teaming strategies and procurement opportunities via organized networking sessions and on-site visits with Montgomery County-based private Federal contractors.
- Installing and Using WebDAV
WebDAV stands for "Web-based Distributed Authoring and Versioning". It allows users to upload/download, edit and manage files on the TBS server. This How-To walks through the steps to setup and access WebDAV.
- John Burson on Income Statements
What should a design firm's compiled financial statement look like? John Burson details some pointers for highlighting financial details in the A&E accounting environment.
- Loading Per Diem Rates for Deltek’s Expense Module
Periodically the United States government will update the per diem rates for locations around the globe. These rates can be lumped into two groups, “CONUS”, which stands for Continental United States (includes all of the states except Hawaii and Alaska), and OCONUS which stands for Outside Continental United States. It is the responsibility of each Expense user to periodically download and upload the new rates to ensure accurate per diem amounts.
- Password Worst Practice – Avoid It
Password cracking is as easy as 123456, according to a recent study by Impervia of 32 million RockYou.com passwords.
- Planning and Control for the Non-Financial Manager
The managing principal of a design firm is often an architect or engineer who is a non-financial manager not trained in accounting. In this article first published in A&E Business, John Burson details the key metrics non-financial managers should be aware of in their decision making process.
- Reconciliation Methods Best Practices
It is Important that Unbilled Receivable Amounts in the General Ledger Are Reconciled to Computed Unbilled Receivables in the Billing and Accounts Receivable Module. Following these simple steps should make the process easier.
- Reconciling Accounts Payable – General Ledger Out of Balances in Deltek GCS
Track down out of ballance discrepancies quickly with this guide from Cordia Partners. In it you will find seven common causes for the Open A/P report to differ from the amount in the General Ledger for the A/P account.
- Requirements for an Acceptable Accounting System
By ensuring that your accounting system is set up properly, Cordia Partners show you how you can limit risk, reduce costs, and improve the quality of financial and operational information that is critical to make informed business decisions.
- Troubleshooting Revenue in GCS
This guide from Cordia Partners will help give you a quick introduction into Revenue Calculation, Options by Contract Type, Budget File Effects on Revenue, Reports, and Troubleshooting by Contract Type
- Uncompensated Overtime & How It Impacts Government Contractors
Many government contractors have found themselves in a “discussion” with DCAA auditors regarding uncompensated overtime at one point or another. The following article by CPA Kristen Soles of Watkins Meegan helps provide guidance regarding how to properly account for uncompensated overtime.
- Why Use Deltek’s Time & Expense?
Deltek’s Time & Expense is a time/expense entry system designed to provide greater flexibility and control in project/task and expense report management through the electronic entry and approval of employee timesheets and expense reports. Based on 15 user defined tables for data collection and a solid foundation of thoughtful design, Deltek’s Time & Expense (T&E) can meet the needs of a high number of business clients today.
- Year-End Hints for Time & Expense
Unlike your accounting system, T&E does not have a complex year end close process, however there ARE a few things you can do to make your transition into the new calendar or fiscal year seamless if you follow the steps from this guide from Cordia Partners and TBS.
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