ICAT Systems

AccountingWest Virginia, United States2-10 Employees

Confidently compete for and manage Federal Government Contracts using ICAT with QuickBooks®. ICAT (Indirect Cost Allocation Tool) integrates seamlessly with QuickBooks, adding essential cost accounting functionality for a DCAA-compliant accounting system, and providing timely insights to manage contracts and grow your business.   

Using ICAT with your QuickBooks general ledger, you can automatically generate reports designed for government contracting and ensure compliance with FAR clauses. Instantly view key metrics from your QuickBooks data: 

   - Indirect Rates and Wrap Rates
   - Total Costs – Direct and Indirect – by Job  
   - Contract Profitability
   - Indirect Rate Variances
   - Labor Hours and Charges by Contract 
   - Contract Status over the life of the job
   - % Funding Utilized and Remaining
   - Contract Funding Backlogs
   - Budget vs Actual 

ICAT also supports:
   - Incurred Cost Proposals 
   - Provisional Rate Development 
   - Budgeting  

Qualify for new contract opportunities that require an adequate accounting system, confidently manage contracts, and make better business decisions with accurate, up-to-date financial data using the general ledger software your team already knows. 

CPE-eligible Training by ICAT Systems concentrates on the fundamentals of managing an accounting system of a government contractor. Learn how to configure your accounting system to pass a DCAA review, manage cost accounting, and provide required reports through the life of the business. ICAT Systems is approved to offer CPE for Group Live and QAS Self Study training. 

How can we help you navigate accounting compliance for Federal Government contracting? 
Let us know at info@ICATsystems.com

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