Cost-Based Accounting

Cost-Basis Accounting is a critical capability to compete for and execute "cost plus" type contracts. Fuzion allows you to input your Overhead, Fringe, General & Administrative and any other overhead pool rates. The system then calculates the exact built-up cost for each time entry in the system. This data is available to managers on a real-time basis. Utilizing our cost module, clients can continue using QuickBooks and also pass DCAA audits. The rumor that you cannot run a larger contracting firm on QuickBooks is simply untrue and we can show you how to be successful.

Key Features
       
  • Customizable to fit any Cost Structure
  • Full detailed cost for each time entry in the system
  • Reporting allows managers to see fully burdened costs for projects
  • Perfect for Firm-Fixed Price Contracts
  • Costing module fully integrates with timesheets for real-time project tracking
  • Manage rates, categories and resources from simple to use interface
  • Provides real time visibility into actual versus budgeted hours data