Tracking Paid Time Off (PTO) and Sick Leave Balances Using PROCAS
Tracking employees’ paid time off, vacation, and sick leave balances can be one of the most headache-inducing functions of being an accountant. For government contractors, recording accurate PTO/vacation and sick leave accruals is crucial to calculate correct indirect rates each accounting period and stay in accordance with GAAP. At PROCAS, we’ve tried to simplify the […]
Automated Client Receipts in PROCAS
1. Intro Sessions (0:00 – 1:09) 2. Accounts Receivable Report […]
10 Reasons Why to Choose PROCAS
When purchasing new software, people always want to make sure they are making the right decision for their business. Naturally, comparative search terms are commonplace when researching what’s available. Phrases such as PROCAS vs Deltek, DCAA Compliant Quickbooks, PROCAS vs Unanet, Top DCAA Approved Accounting Systems, Unanet vs Deltek, Quickbooks vs Costpoint, etc. will generate mixed results, many of which can […]
Completing Incurred Cost Submissions (DCAA’s ICE Model)
What is an Incurred Cost Submission? Incurred cost electronic submissions are compilations of various schedules of your costs, presented in a specific way, submitted to the DCAA for their review and audit. The submitted ICE model is a true up of your actual indirect costs incurred over the prior fiscal year to what was provisionally […]
Using PROCAS Mobile Time – Part 2
PROCAS Mobile Time Overview Once logged into the system, your timesheet will populate for the current day, with your default charge codes on display. An example can be seen below, which will be broken down piece by piece. PROCAS Mobile Time Header The timesheet header provides context to what is being presented in the body […]
Using PROCAS Mobile Time – Part 1
PROCAS has recently released a new mobile friendly timekeeping system! Whether you’re Team iPhone or Team Android, all users will get to utilize the new timekeeping system with the same mobile friendly end user experience. To clarify, this is NOT a mobile application, but rather a mobile friendly web application. For instructions on how to login to your […]
PROCAS Accounting Dashboard for Financial Reporting
At PROCAS, it is our mission to improve the quality of life of our clients by simplifying government contract accounting. In order to accomplish this, we believe that we should provide the best solution of presenting meaningful data to our clients in the most efficient way possible. Because what good is having a DCAA compliant […]
PROCAS Sponsored Event – FBC’s 30th Anniversary Government Procurement Conference
EDIT – The event has been postponed to a later 2020 date (TBD) amid the COVID-19 outbreak. We will be a sponsor of Federal Business Council’s 30th Anniversary Government Procurement Conference on April 8th in Washington, D.C. According to FBC’s website, the GPC is a national conference fostering business partnerships between the Federal Government, its prime […]
PROCAS has Achieved a SOC 2 Type 2 Report
PROCAS invests in establishing and maintaining currently recommended security practices to make sure your data stays safe. Today, we’re excited to share a milestone achievement in our continuous improvement process! PROCAS has achieved the AICPA Service Organization Controls (SOC) 2 Type 2 report with an unqualified audit opinion. In addition to our SOC 2 Type […]
Utilizing PROCAS to Help Streamline your 1099 Process
Every January, accounting staff & business owners walk into the same old confusing process as they wake up from their holiday slumbers… *Grabs coffee and begins annual research* “What is a 1099 again?” “How do I determine who should receive a 1099?” “What are the different types of 1099s that need to be reported?” “Ok… (takes […]
