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I n t u i t C o n f i d e n t i a l
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Tech BizSolutions GovCalc™ System
Solution Introduction
1/29/10
Mike Anderson, VP Marketing, 303-443-4440, [email protected]
I n t u i t C o n f i d e n t i a l 2
Solving Customer Needs
• What are the critical needs of your typical customer?
•Certain government contracts require an “approved” accounting system. Lucrative opportunities can be missed without this capability or payments could be delayed.
• For a solution to be considered and purchased by a customer, what are the key requirements /characteristics that a solution must offer?
•The most critical issue is passing a “DCAA” audit. After that, affordability and ease of use are also factors. Integrating with existing payroll methods and converting other business processes, such as timekeeping, are additional concerns.
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Target Customer Profile
• Business Types/Top Industries • We sell mostly to government contractors or grant recipients. Our system can also be adapted to engineering, architectural, and construction firms – anyone needing a strong job/project cost capability.
• Business Size (employees, annual revenue)• We serve startups through mature, medium sized firms. QuickBooks® and our GovCalc™ system has the capacity to serve all clients in this category.
• Organizational Characteristics:• We serve a variety of organizations nationwide with one or multiple locations (including Canada). We serve government contractors with contracts, grants, subcontracts with primes, and time & material contracts.
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Target Customer Profile
What are the current, typical business management solutions used to address the needs? • Many companies attempt to design their own
accounting system to government requirements. Many also engage CPAs to do this for them. Others rely on advice from government auditors on how to set up an “approved” accounting system.
• The Tech BizSolutions GovCalc™ system has already done the “brain damage” to design a government approved accounting system compatible with QuickBooks®.
I n t u i t C o n f i d e n t i a l 5
Solution Overview
• Key Features & Functionality•Numbered Chart of Accounts•Segregates direct costs from indirect costs•Segregates direct cost by job and element•Pools indirect costs supporting multiple indirect rate structures•Identifies and segregates "unallowable" costs•Uses QB's payroll module to efficiently distribute labor•Special Job cost reports•Special Export reports
• Competitive Advantages & Brand Attributes•DCAA compliant system and documentation•Flexible indirect rate structure•Revenue calculation by job•Fast, friendly, competent product and management support•Affordable products and services
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Solution Overview QuickBooks Integration Overview• The GovCalc system integrates with all QuickBooks®
versions, except the on-line version.• Users input accounting data in accordance with methods
described in the GovCalc™ accounting manual• Data is exported out of QuickBooks® to a MS Excel®
calculation engine to produce these critical reports : Job cost journal
Indirect rate calculations
End-User Pricing• Option 1 – Purchase the QuickBooks® GovCalc™ Template
for $349. Input accounting data per the manual, then send to Tech BizSolutions to process ~$300 service fee.
• Option2 – Purchase the entire system for $2,348 and get 4 free hours of training on how to operate.
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Solution Demonstration
Numbered Chart of Accounts, Direct Expenses (COGS), Indirect Expenses, “Unallowables”
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Solution Demonstration
Configured Lists (Item, payroll item, Customer:job)
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Solution Demonstration
Innovative labor distribution method using timekeeping and payroll module
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Solution Demonstration
P&L segregated by direct and indirect expenses
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Solution Demonstration
Job Cost Report
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Solution Demonstration
Export Reports (Jobs, P&L)
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Solution Demonstration
Export P&L, Job costs reports to GovCalc™ Excel® file
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Solution Demonstration
Job Cost Journal Report
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Solution Demonstration
Rate Calculations
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Resources Available
• Tech BizSolutions provides a variety of ways to help clients make an informed decision about converting their accounting system to be “DCAA” compliant
–Free initial consultation with a government contract accounting expert–Free online demo
–contact [email protected]– Online chat support through www.techbizsolutions.com– Free sample financial reports– Free documentation for selected DCAA issues– Case study– Customer referrals
I n t u i t C o n f i d e n t i a l 17
Recap
The Tech BizSolutions GovCalc™ system converts QuickBooks® accounting software to be compliant with DCAA and other government accounting rules.
The GovCalc™ QuickBooks® template organizes and segregates accounting data in a manner compliant with government regulations. The GovCalc™ add-on to QuickBooks® produces a job cost journal and indirect rate report critical for a government “approved” accounting system.
QuickBooks® combined with the Tech BizSolutions GovCalc™ system are the most affordable, easiest to use, government compliant accounting system on the market.
I n t u i t C o n f i d e n t i a l 18
Key Contacts
Marketing, sales, technical support:Mike AndersonVP Marketing
303-443-4440 [email protected]
www.techbizsolutions.us
