Big things are on the horizon for government contractors this year. After all, 2020 ushers in a new decade of new technological advances and legislative developments. As laws catch up to technology, we are keeping our finger on the pulse of trends this year, so that our government contractor clients…
How Compliant Incurred Cost Submissions Minimize Your DCAA Audit Risk If “Audit” is a spine-chilling word for government contractors, “DCAA Audit” is even more cringe-worthy. Although DCAA reviews are an integral piece of the contracting process, no one wants to go through more DCAA audits than necessary. Adequate Incurred Cost…
Review our checklist for what government contractors must know in terms of legislation, cybersecurity, and supply chain management, to meet and surpass federal standards in 2020. Read the full Ebook from WJ Technologies. WJ Technologies is a leading provider of accounting solutions for government contractors. We provide consulting, compliance, staff…
Cross charging occurs when a company has multiple divisions or departments that share labor costs. Although one division is typically responsible for the profit and loss associated with a project, sometimes team members from other divisions perform the actual work. However, since you can account for a project’s labor costs…
When we say “Projects R Us,” we have the chops to back up that statement. With a growing team, including multiple people with PMP credentials, WiJiT knows accounting projects and project management inside and out. Between our work and that of our clients, we have impacted more than a million projects over…
Download the infographic here. WJ Technologies is a leading provider of accounting solutions for government contractors. We provide consulting, compliance, staff augmentation, and training services to support all government contractor accounting and finance functions. Our information technology services will help your organization navigate from outdated systems to powerful and integrated…
Good help is hard to come by these days, but keeping good help might be harder: last year, the U.S faced a historically high turnover rate which averaged 27% across industries. Among those, accounting firms lost 20% of their staff, adding an extra burden to the growing accountant shortage. When losing a single employee can cost…
Four Things to Look for in A Professional ERP Implementation Partner or How to Choose an Implementation Partner for Your Accounting System So, you’ve decided to invest in a new accounting system after reviewing the pros and cons of upgrading from entry level software – what’s next? According to statistics, implementing a new ERP is risky business without the right support: 3 out…