Project-based billing, overhead rate calculation, and government contract compliance for architecture and engineering firms. Nexus handles FAR/DCAA requirements and ASC 606 revenue recognition for every contract type.
DCAA compliance for cost-reimbursable government contracts requires meticulous cost segregation, unallowable cost identification, and incurred cost submission. Non-compliance results in disallowed costs and contract termination.
A&E firms must calculate and apply overhead rates to government contracts accurately. Provisional billing rates vs. final rates create true-up accounting that requires careful management.
Complex projects span multiple phases with different billing terms — lump sum, T&M, cost-plus — often on the same project. Managing billing, revenue recognition, and cost tracking across phases requires project-level accounting.
GAAP (ASC 606)
DCAA / FAR (Federal Acquisition Regulation)
CAS (Cost Accounting Standards)
DCAA audit
findings eliminated
Overhead rates
calculated automatically each period
Project profitability
visible in real time by phase
See how Plurafi handles your industry's complexity