Data—it’s the soul of any project-based accounting system. The question is always, when we upgrade our company’s system, how much historical data should we bring into it? The initial reaction from most clients is, can we bring it all in (total company history)? We understand the desire to have all of your company’s history in […]
The short answer is as few as possible. Generally, one to three team members is all that is needed for configuration meetings. The reason is simple – too many team members create unnecessary complexity, ambiguity and chaos in the process. The key to effectively managing time and budget is to control the process. Having too […]
Considering upgrading your software or Implementing an ERP system? What to know before you take the leap: While implementations can be stressful and taxing on your team, they don’t have to be. If you want to save time, effort and money – here are a few tips: Know your current state. (Business processes, software/tools, other resources) […]
Let’s face it, if you have employees, it’s only a matter of time before you have employee relations issues. And handling employee issues can be complicated, draining, and time-consuming, especially when it comes to investigating the situation. It may be time to bring in a third party to help handle these issues, and here’s why: […]
Consider two companies, each with comparable, average employee turnover rates for their industries. An executive team discussion at Company A goes something like this, “We’re not going to invest too much into talent development. We’ll just be setting ourselves up for our competitors to steal our best people after we invested our money in them. […]
As a government contractor, you must learn the applicable regulations and comply with them strictly. One such regulation is the Cost Accounting Standards (CAS), which generally applies to contracts exceeding a specified dollar amount. The requirements are complex, so we have prepared this guide to help. You will learn the cost accounting standards thresholds and […]
Government contractors usually bill incurred costs using estimated or provisional indirect rates. Once the fiscal year closes, they determine the actual costs incurred, meaning they can now calculate the final indirect rates. Incurred cost submission (ICS) or incurred cost proposal (ICP) allows contractors to calculate refunds due when they bill less than the actual indirect […]
Is your broker not meeting your expectations? Are they not available when you need them? Do you wonder how they’re even helping you? Now may be a good time to evaluate all your options and consider other brokers. How to Shop for the Right Benefits Broker Finding the right benefits broker is a crucial step […]
In the world of HR, staying on top of reporting deadlines is crucial for ensuring compliance, avoiding penalties, and maintaining the smooth operation of your organization. HR reporting deadlines are essential for several reasons: Compliance: Meeting reporting deadlines ensures that your organization remains compliant with federal, state, and local regulations, helping to avoid costly fines […]
Summer is winding down! The weather is fine and our thoughts turn to…. accounting software? Yes, if your company has been considering a move to a new accounting software platform such as Unanet, now is the time to act if you want to be up and ready to go for a January 1, 2025 system […]
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