Government contractors
Government contractor accounting that follows the contract.
Accounting, contract administration, HR, and Unanet support for government contractors, from the award and funding record through labor distribution, WAWF billing, and the monthly close.
Prepare accounting system records for review.
Organize accounting system readiness aligned to the SF 1408 pre-award accounting system survey criteria. Contractors often call this DCAA compliance. In practice it means an accounting system that meets the SF 1408 criteria and records that hold up in review. Establish direct and indirect cost segregation, contract-level cost records, timekeeping and labor distribution, and a repeatable project-based month-end close.
Support for DCAA audit readiness means preparation, documentation, and reconciliation. Records and review evidence are organized to support an adequacy determination.
Finance & accountingMake the rate structure usable in planning and billing.
Review the records supporting indirect rate structures and provisional billing rates. Reconcile labor and payroll interfaces, allocation inputs, and project costs to the general ledger before using those figures in forecasts or billing.
Coordinate with your advisors on FAR Part 31, applicable Cost Accounting Standards, and incurred cost submission support. Preparation, review, and submission responsibilities are established within the engagement scope.
Explore rate and reconciliation supportCarry funding modifications through to invoices.
Distinguish the total contract value from the funded amount. Record contract funding modifications, check the associated project setup, and review funding burn against the delivery plan.
WAWF and government billing need the right periods, rates, approvals, and supporting records. We coordinate the administrative work and flag inconsistencies before they become rejected invoices or delayed collections.
Contracts & commercial operationsPrepare employees and access for delivery.
Connect hiring, onboarding, benefits, and payroll administration to project assignments and approved system access. Document the steps a new hire needs before recording time or charging expenses.
Review licenses and access as people move between assignments or leave, with Microsoft 365 or Google Workspace administration coordinated with HR.
HR & people operationsGive project managers a report they can reconcile.
Use Unanet, our deepest platform specialty, to bring project setup, time and expense, costs, billing, and reporting together. We also assess the client’s existing systems before recommending changes.
A month-end review should explain differences between the award, funded amount, cost incurred, amount billed, and open receivables. Assign unresolved items and preserve the support for the next close.
IT & business systemsQuestions before we start
Can you help prepare for the SF 1408 survey?
Yes. An agreed scope can cover accounting records, documented procedures, cost segregation, timekeeping, labor distribution, and reconciliation work aligned to the pre-award criteria. The reviewing authority makes its own determination.
Do you perform audits or represent clients before DCAA?
No. Ascent supports preparation, documentation, reconciliations, and coordination with your advisors. We do not perform audits or represent clients before DCAA.
Can we start with the Unanet environment?
Yes. Assess the current configuration, project records, interfaces, and reports, then scope cleanup, implementation work, or recurring support. Explore Unanet services.
What is included in incurred cost submission support?
The agreed scope can include assembling records, reconciling source information, and coordinating questions with your advisors. Preparation, review, and filing responsibilities are defined before work begins.
What must be ready before the next award or review?
Bring the contract mix, accounting system, funding records, and deadlines that need attention.