Raising a business is like raising a child. It can be exciting, frightening and demand your constant attention. So it’s best to start with a reality check.
At LAINE Federal, we grantee to save you time and minimize stress with our assistance. We provide you total accounting solutions or simply fill in the gaps to meet your needs so you can focus on the important things.
We offer a variety of services to include setting up your accounting system, provide training and consulting your staff in the use of Quickbooks® business management software.
We have access to resources to answer any QuickBooks accounting question. It's amazing how many businesses run on QuickBooks. Even the largest companies rely on it more that you would think. We are QuickBooks experts and we can help you to get the most out of the software. As your bookkeeping and accounting team, we will not only optimize your QuickBooks environment, but we will also make sure that it continues to meet the needs of your growing company.
We will assist you in setting up your accounting system to be DCAA compliant under the guidance of experienced Instructors. You will:
Organize the company chart of accounts to segregate direct costs from indirect costs, organize indirect costs into cost pools, and segregate unallowable costs.
Set up the company's jobs in QuickBooks
Set up payroll item to properly distribute labor to intermediate and final cost objectives
Set up service items so that categories of billable direct labor can be tracked
Set up ICAT so indirect rates can be calculated and indirect costs can be allocated to contracts
Conduct user group discussions so attendees can share their experiences and ideas