DCAA Compliance

The Pre-Award Audit
WrkPlan for DCAA Compliance
Proper segregation of direct costs from indirect costs.
Yes; direct costs are allocated to specific Contracts, while costs incurred for one or more contracts are segregated into separate cost pools and collected in indirect accounts.
Identification and accumulation of direct costs by contract.
Yes; WrkPlan collects cost by contract. It maintains a general ledger and cost ledger. The cost ledger identifies the project, element of cost (labor, ODC, material, subcontract, etc.).
A logical and consistent method for the allocation of indirect costs to intermediate and final cost objectives. (A contract is final cost objective.)
Yes; the system comes with indirect cost pools already setup. Creating custom pools for your business is easy, given WrkPlan’s flexibility.
Accumulation of costs under general ledger control
Yes; WrkPlan is configured with three subledgers (A/P, A/R, and timekeeping) that feed the general ledger.
A timekeeping system that identifies employees’ labor by intermediate or final cost objectives.
Yes; WrkPlan has a fully-integrated, online Timesheet Portal that employees use to record their daily timesheets. Employees can only see and post hours to the charge codes (direct and indirect) that they have been assigned.
A labor distribution system that charges direct and indirect labor to the appropriate cost objectives.
Yes; once employees’ hours have been approved, these records are posted directly to the appropriate ledgers as either direct or indirect.
Interim (at least monthly) determination of costs charged to a contract through routine posting of books of account.
Yes; expenses are tracked in real-time. Once a transaction is created, it is updated throughout the system, enabling WrkPlan to generate interim reports to support contract/management requirements.
Exclusion from costs charged to government contracts of amounts which are not allowable in terms of FAR 31, Contract Cost Principles and Procedures, or other contract provisions.
Yes; unallowable accounts are included in the chart of accounts that comes out-of-the-box. These can be customized to your business. You can also specify which accounts are to be excluded from your indirect rate calculations.
Identification of costs by contract line item and by units (as if each unit or line item were a separate contract) if required by the proposed contract.
Yes; WrkPlan allows for line items and units to be setup under each contract. These can be customized based on the contract award to meet the specific requirements for identification of cost.
Segregation of preproduction costs from production costs
Yes; WrkPlan allows for segregation of preproduction costs, such as B&P, from production costs. For example, these costs can be setup to be charged to separate cost ledgers.