S2 Incorporated™   Keeping Information Solutions Simple!     866-752-1713 

                                              Welcome to S2 Incorporated....................Accounting Software for Federal Contractors and Project-Driven Businesses.                           Spring  2008 Release!                           S2 Project Manager for Sage MAS 90 ERP and Sage MAS 200 ERP with S2 Project Accounting                          Please contact us for more details...                            S2 Project Accounting meets all the requirements set forth by DCAA Standard Form 1408      

                                                                                              

 

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What's New at S2 ! 

S2 Project Accounting for Sage MAS 90, and MAS 200 V4.20: This latest release will become available in December 2007.

S2 Budgeting and Resource Planning: This new and highly robust web-based program management tool is scheduled to be released in the first quarter of 2008. It fully integrates with S2 Project Accounting module and provides seamless integration of estimates,  project budgets, and project incurred costs to program managers providing real-time performance reporting at the touch of a button. Stayed tuned for more details!

S2 Project Accounting for Sage MAS 500: S2 Incorporated announces it's plans to migrate the powerful S2 Project Accounting module, S2 e-Timesheet and e-Expense  into Sage Software's Sage MAS 500 ERP accounting package. We're excited to announce that we will begin the development phase in early 2008, with a release date later in the year. Stay tuned for more details!  

Additional Reports available upon request.

S2 Incorporated is proud to Introduce the S2 e-Timesheet™ a web-enabled time-keeping solutions for Sage MAS 90 ERP, and Sage MAS 200 ERP. Investigate your firm’s future opportunities to join the growing S2 Incorporated business partner program. Registered participants enjoy either a Referral status earning additional business revenue while promoting quality proven S2 product modules to clients and associates. The S2 e-Timesheet™ provides the user an option to integrate with the powerful S2 Project Accounting™ module an integrated solution to Sage MAS 90, and Sage MAS 200 or as a stand-alone vertical product to the accounting package.

S2 Incorporated is 100 % compliant with DCAA's Standard Form 1408 [see below]

Very few commercially available cost accounting systems provide true compliance with the DCAA's stringent requirements for government contractors. S2 Project Accounting™ module, S2 e-Timesheet™ for MAS 90 are the 2 among those very few.  S2 Incorporated moved a step higher by adding a new exciting feature: GSA Schedule Revenue Recognition. This allows users to record, post, and report contract revenue in multiple revenue buckets. They can easily separate their GSA Schedule Revenue Items from the rest of their contract's revenue simply by clicking on a button, saving the client countless hours and costs in preparing for GSA & DCAA Audits.  

It's all about the reports & the audit trail. Both S2 Project Accounting™ module and S2 e-Timesheet™ meet all of the cost accounting guidelines specified on Standard Form 1408 mentioned below: (Accounting System Evaluation Checklist)

  • Accumulation of actual direct costs by labor category and job
  • Accumulation of costs under General Ledger Control
  • Bid & Proposal and Independent Research & Development Treatment
  • Calculation of multiple indirect rates per job or task
  • Identification and accumulation of direct costs by contracts
  • Inception-to-date job or task detail
  • Indirect cost accumulation 
  • Allocation using provisional, budgeted, or actual burden rates
  • Labor distribution system that charges direct 
  • Indirect labor to the appropriate cost objectives
  • Proper segregation of direct costs and from indirect costs
  • Segregation of preproduction costs and production costs
  • Time-keeping system that identifies employees’ labor by intermediate or final cost objectives.
  • Tracking and segregation of unallowable costs 
  • Tracking of employee labor by intermediate or final contract objectives 
  • Uncompensated overtime

For more information on how S2 Incorporated helps government contractors comply with DCAA cost accounting standards, please call us at 877-366-4566 or view DCAA's Web site www.dcaa.mil for further guidelines. 

If you would like to learn more about business opportunities with S2 Incorporated, Click Here. 

                             

Copyright© 2007 S2 Incorporated. Reproduction in whole or in part without permission is prohibited.  Sage Software, the Sage Software logos, and the Sage Software product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc., or its affiliated entities. All other trademarks are property of their respective owner. All Rights Reserved.