DCAA-Compliant Timekeeping

DCAA audits look for a few specific things: labor charged to the correct contract and task at the time it’s worked, a complete audit trail, and no after-the-fact edits without an approval record. NetSuite ties labor entry directly to project and task codes as it’s logged, and every change is recorded rather than silently overwritten. The software doesn’t make you compliant on its own, but it gives you the structure compliance is built on.

Indirect Rate Management

A lot of GovCon accounting problems trace back to indirect rates — overhead, G&A, fringe — living in a spreadsheet instead of the ERP. NetSuite can structure cost pools and allocate indirect costs across contracts based on your approved rate structure, so rates get calculated the same way every close instead of being rebuilt by hand.

Contract & Progress Billing

Government customers don’t all bill the same way. Some require combo invoices submitted through a government payment portal, some pay on receipt with no invoice sent at all, and some need progress billing on specific government forms. NetSuite supports multiple billing methods per customer, so you’re not running a separate manual process for every agency you work with.

Multi-Entity & Contract Hierarchy

Contractors with multiple business units, or a complex customer and contract hierarchy — several offices inside the same agency, multiple contract variants — often end up reconciling AR by hand. NetSuite’s subsidiary structure and native intercompany elimination, paired with proper contract hierarchy setup, are built to handle that without a spreadsheet in between.