Job Cost Accounting Software
The GCAS Job Cost system is specifically designed to meet the requirements of the small business government contractor as well as accounting firms with clients performing government-oriented or project-oriented contracts.
Why pay 10 to 100 times more for the same job cost accounting capabilities? Experience significant cost savings as you better control operating costs, increase labor efficiency, support DCAA audits, monitor company cash flow, and effectively manage individual project costs. Call today to learn more.
Government Job Cost Accounting vs. Commercial Cost Accounting
Commercial job cost accounting systems fall short of satisfying the requirements of government contracting because they lack four basic features required in government job cost accounting:
- Full cost concept
- Allocation of indirect costs to multiple pools
- Treatment of unallowable expenses which are required for cost reimbursable contracts
- Special treatment of Research and Development (R&D) and Bid & Proposal (B&P) expenses
The GCAS Job Cost Accounting Software Performs the Following Main Functions:
- General Ledger
- Human Resource/Labor Master
- Labor Distribution of Time Sheets
- Financial Reporting
- Report Generation
- Direct Deposit/Check Processing
- Multi-State Payroll
- Job Costing
- Project Budgeting & Tracking
- Cost/Profit Center Reporting
- Work-In-Process Tracking
- Financial Analysis
- Accounts Payable
- Purchasing PRs & POs
- Accounts Receivable Invoicing & Tracking
- Automatic Government 1035 Creation
- Custom Report Generation
- Automatic Allocation of Indirect Costs
To enforce financial integrity and processing efficiency, the system is designed with fully integrated modules that eliminate redundant data entry, simplify information sharing, and streamline billing to dramatically improve cash flow. When an entry is made in a module, the system automatically updates all the affected modules.
GCAS’ sophisticated relational multi-dimensional database management system is one of the most powerful and fastest solutions for entering (just once), sorting, storing, and retrieving your accounting data. Quick and easy retrieval of data to answer critical financial, cost accounting, and project management questions.
Stop toiling through advanced job cost analysis by hand, and instead employ the simplicity and flexibility of the GCAS system. Seamlessly integrated modules allow project management and accounting staffs to track and report data to meet their specific needs with drill-down capabilities.