THE G2 MODEL
An accounting solution
WHAT IS IT?
An inexpensive, accounting solution specifically designed for small businesses to manage federal grants and contracts. Utilizing well known applications, tailoring and supplementing them with spreadsheets to meet FAR, DCAA and Uniform Guidance requirements.
The Apps and Supplements:
An indirect cost rate.
A compliant chart of accounts.
Electronic time-keeping system. T-Sheets
Payroll and HR. Gusto
Electronic bill payment system. Bill.com
Structured document storage.
Job cost reports.
Labor distribution schedules.
A basic set of written policies and procedures tailored to your business.
YOU NEED A COMPLIANT ACCOUNTING SYSTEM IF...
You have FAR clause 52.216-7 and/or FAR 31 in your award.
You are subject to Uniform Guidance.
Your funder requires it.
EASY TO ADOPT
Step 1: Take the Adequacy Survey It’s quick and free!
Step 2: We discuss the results. It's free too!
Step 3: I perform a Risk and Compliance Analysis.
Step 4: Follow implementation plan.
Step 5: "How to" training.
Step 6: Diligently maintain The g2 Model yourself or purchase a Monthly Support Plan.
To be fully compliant, accounting transactions must be entered following GAAP and the applicable federal rules and regulations. You must also establish and follow good internal controls, which normally requires the expertise of an experienced accountant who understands how to work with the Federal Government.