If you are like most start-up government contractors, you’re using Quick Books Pro for your accounting software. 1) Can Quick Books Pro (QBP) be DCAA Compliant? 2) Will DCAA approve your accounting software? 3) How long will I be able to use QBP for my accounting system?The answers are 1) yes, 2) no, because DCAA doesn’t approve any accounting software, and 3) probably until you reach 20 employees or receive your first prime contract. This article is the first in a series that will explain answers to those questions.
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