Accounting for Government Contractors

Small businesses that contract with government agencies have special accounting needs. Our expert accountants ensure that you comply with DCAA standards while providing visibility into your finances for effective management.

Always Be Ready To Bid

Your books will always be prepped and accurate the moment you’re ready to bid on a project or submit an invoice.

DCAA-Compliant Bookkeeping

It takes a knowledgeable professional to properly keep DCAA books. Accounting for government contractors can be time-consuming and confusing, with lots of grey area in classifying transactions. We bring that expert eye to your books while giving you visibility into your numbers from a management perspective.

Government Invoicing Services

​​Submitting invoices to government agencies can easily get you tangled up in knots. You may need to sign into a special web portal and fill out scores of fields to submit a simple invoice. Even a small error can get you kicked back and asked to re-submit without any note of what’s wrong. Doing this right takes a trained and patient pro. We can be yours.

Financial Advising

DCAA is for government reporting, but it doesn’t tell you about the financial health of your business. Along with providing these specialized accounting services, our team can assist you with financial knowledge that will help you run your contracting business more efficiently.

Project-Based Accounting

When managing multiple simultaneous contracts, you need to track the revenue and expenses for each project separately. We give you project-level information to ensure that you remain on budget…and make a profit.

Spot-on Pricing Advice

Bidding on government contracts can be daunting, especially for those price-fixed contracts. Our expert CFOs can help you ensure that you are pricing your bids for success.

Stay in Compliance

Did you remember to update your SAM registration this year? Government work requires that you stay in compliance with federal, state, and local regulations, and that you file updated information regularly. Let us help you keep on top of all of this so you can focus on fulfilling your contracts.

Let Us Help:

How to Write Off Business Bad Debt In Your DMV Business Before Year-End

 Quick Answer: Uncollectible business receivables on accrual accounting convert into ordinary operating losses, eliminating phantom profit from your P&L dollar-for-dollar. To lock in this tax offset and protect working capital, your finance team must...

How To Fix Common QuickBooks Online Problems DMV Small Business Owners Face

 Quick Answer: To fix common QuickBooks Online problems like mismatched bank balances and miscategorized expenses, disable auto-categorization settings, match bank feed entries directly to open invoices, and reclassify direct delivery labor into Cost of...

The DMV Small Business Q3 Payroll Checklist for a Painless Year-End Close

 Quick Answer: Your Q3 payroll checklist should focus on auditing year-to-date OBBBA wage allocations, locking down contractor W-9 compliance, verifying tax deposit schedules, and zeroing out balance sheet clearing accounts. Tackling these items before...

What Are the Small Business Mistakes To Avoid for New DMV Owners?

 Quick Answer: The main financial mistakes new business owners make are confusing net profit with liquid cash flow, mixing personal and business funds, and delaying expense tracking until tax season. Avoiding these traps helps you get clear financial...

What Business Structure Is Best For Selling Your DMV Business?

 Quick Answer: The best business structure for selling your business depends on your target buyer pool, but multi-member LLCs and Delaware C corporations consistently command the highest valuation multiples and buyer demand. Multi-member LLCs deliver maximum...

What Is An Accountable Plan For DMV S Corp Owners?

 Quick Answer: An S corp Accountable Plan is an internal corporate framework that lets your business reimburse you tax-free for mixed-use personal overhead like home utilities, cell service, and internet. Moving these costs onto your corporate ledger ensures...

What Are the Disadvantages to Sole Proprietorship for Growing DMV Business Owners?

 Quick Answer: The primary disadvantages to sole proprietorship for growing business owners are unlimited personal liability and unnecessary tax drag on scaled net profits. Operationally, this simple structure restricts access to commercial credit, creates...

Why Is R&D Important For Your DMV Small Business’s Growth?

 Quick Answer: Small business R&D encompasses everyday technical projects aimed at overcoming operational or product hurdles, including custom software development, product prototyping, and process automation. Strategic CFO planning evaluates the...

How To Separate Personal And Business Expenses Faster For DMV Business Owners

  Quick Answer: Learning how to separate personal and business expenses comes down to setting up dedicated business cards, automating recurring bill categorization, and using smart accounting tools to capture purchases in real time. Setting up a...

Should Your DMV Business’s Benefits Packages For Employees Include Trump Account Contributions?

 Quick Answer: Adding employer-funded Trump Account contributions as part of your benefits packages for employees allows your business to deliver up to $2,500 per employee annually in tax-favored family benefits, saving 7.65% in employer FICA liabilities...

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