Contract Funding

Estimated read time: 6 minutes   🚀 Key Takeaways Point 1: September 30 is a checkpoint—not automatically your accounting year-end. The federal fiscal year runs from October 1 through September 30, but a contractor may use a calendar year or another fiscal year for its accounting records and applicable indirect-cost submissions. Point 2: Review contracts and accounting together. Funding, billing, labor, indirect rates, and unallowable costs should be reviewed as… Read More