Timekeeping with the DCAA in mind

Saturday, May 5th, 2018

 

Timekeeping Responsibilities

1)              Recording Time on A Daily Basis

2)              Recording Time on The Timecard, if manual

3)              Project Numbers, Contract Number, etc…

4)              Changes To The Timecard

5)              Recording All Hours – Whether Paid or Not

6)              Signing The Timecard

Timekeeping System

1)              No official system in place

2)              No written instructions/policies/procedures

3)              System not linked to accounting system

4)              Recording of direct charges only

5)              Recording by direct – type personnel only

6)              All hours worked are not recorded

7)              Improper timecard preparation

8)              The President/Owner not recording his/her time

 

QuickBooks for MAC 2016 can be “DCAA compliant”

Saturday, June 3rd, 2017

Hummingbird Solutions is proud to present a new seminar where you are able to convert QB Mac 2016 so it can be one of the three items you will need to have an approved DCAA compliant accounting system.

We project our first formal seminars for this venture to begin in July 2017.

For more information, contact Dr. Nick at ncline@hbdsolutions.com

 

Bill Introduced To Help Small Biz With Gov’t Change Orders

Thursday, May 25th, 2017

A bipartisan group of lawmakers on Wednesday introduced a bill intended to make sure small businesses get some payment immediately for change orders on federal contracts, saying the current change order process is unfair and particularly burdensome to small business.

For more information, refer to Law360