Technology partner with expertise in government compliance

“Without Dynamics SL
and Synergy, we would be struggling with government
compliance. They make it
so much easier!”
– Former VP / Controller,
Government Contractor
“With Dynamics SL, we’re now capable of meeting the proper accounting and reporting requirements of the
Department of Energy…”
– Julie Adelman, Controller,
NuScale Power

How Synergy and Dynamics SL Help

Overview | Government Requirements | System Requirements | How Synergy and SL Help

woman_gc_sqSynergy Business Solutions consultants are experts in how to implement, configure, and support software that makes it easier for compliance. They are certified in Dynamics SL by Microsoft and trained by certified federal government instructors.

Moreover, Microsoft Dynamics SL does all the major functions required for easy compliance right out of the box with no need for costly customizations. Be aware that other systems may require extensive customizations.

Government Requirements

Through a needs assessment, prototype, implementation, and training, Synergy helps you:

  • Understand Federal Acquisition Regulations (FAR) requirements. Synergy’s consultants are trained by certified federal government instructors.
  • Implement Dynamics SL to meet all the requirements of Standard Form 1408 (the Pre-award Accounting System Survey).
  • Complete a Cost Accounting Standards (CAS) Disclosure Statement if your contract is applicable.
  • Effectively handle all Fixed Price, Time and Material (considered Fixed Price) Cost Reimbursement, or mixed-type contracts.
  • Easily produce Incurred Cost Electronic (ICE) reports, fully follow FAR and CAS, and be prepared for government audits, including the Defense Contract Audit Agency (DCAA).

System Requirements

Through a needs assessment, prototype, implementation, and training, Synergy helps you:

  • Fully utilize Microsoft Dynamics SL, widely recognized as having comprehensive capabilities for FAR, CAS, and DCAA compliance right out of the box.
  • Implement and configure Dynamics SL to meet all the requirements of Standard Form 1408 (the Pre-award Accounting System Survey).
  • Implement and configure Dynamics SL to meet modified CAS (four requirements) and full CAS (19 requirements).
  • Set up and employ streamlined procedures* in an integrated system to ensure compliance and tight project management.
  • Estimating – Accurately estimate costs (by contract codes) for labor, equipment, inventory, and subcontractors at the contract, task, and activity level.
  • Bidding – Generate and incorporate requests for quotes and control-bid submissions from outside suppliers.
  • Budgeting – Access historical data and use it for cost estimates.
  • Cost Accounting – Account for direct costs, allocate indirect/overhead costs, charge to multiple contracts and cost pools, have multiple levels of timecard approval, provide an audit trail, report and analyze costs, and much more.
  • Purchasing – Set up a purchasing system that efficiently and effectively accounts for spending government funds.
  • Government Equipment – Create a property control record system to track equipment either furnished by the government or acquired by contractor on behalf of the government.
  • Project Management – Provide budget cost by project, actual costs to date, estimated cost to complete, performance analysis, and much more.
  • Material Management – Set up a system that reasonably forecasts material requirements, ensures costs are based on valid time-phased requirements, maintains a consistent logic for costing material transactions, and more.
  • Government Invoicing – Create a billing system that invoices costs deemed allowable for both Cost Reimbursement and Fixed Price contracts.

Also see 19 CAS Standards. It is recommended you have the right cost accounting system in place before you bid on a government contract.

Synergy Helps Government Contractor Select a New System