Contract cost accounting, controlled-data compliance, and cleared payroll
Government contract cost accounting with indirect-rate structure, progress billing, and DCAA-style timekeeping, plus ITAR, DFARS 252.204-7012, NIST 800-171, and CMMC 2.0 in a real GRC engine, and payroll for a cleared workforce. One system for the primes and subs that live under audit.
Illustrative product view
Finance: contract cost accounting, indirect rates, and progress billing
A defense contractor is audited on cost, not just profit. Direct labor and materials must be tied to a contract line item (CLIN), indirect costs must flow through defensible fringe, overhead, and G&A pools, and billing follows progress or cost-plus terms rather than a simple invoice. Fintra runs a project- and contract-dimensional ledger so cost objectives, indirect allocations, and progress billing come from the same books an auditor will examine.
| Workflow | What Fintra does today | Honest status |
|---|---|---|
| Direct cost by CLIN | Labor, materials, and ODCs coded to contract and CLIN dimensions | Live on the dimensional ledger |
| Indirect rate structure | Fringe, overhead, and G&A pools with allocation bases | Pool structure modeled; automated forward-pricing rate proposals are roadmap |
| Progress and milestone billing | Bill percent complete or milestones against a schedule | Real (shared with construction-style progress billing) |
| DCAA-style timekeeping | Daily labor distribution with an audit trail of edits | Timekeeping-to-GL is real; full floor-check workflow is partly roadmap |
| Incurred-cost submission | Cost pools and bases held in a queryable ledger | Data is there; the ICE-format schedule export is roadmap |
Applied overhead
Direct labor x overhead rate = $80,000 x 148% = $118,400
Illustrative example: the provisional rate trues up at the incurred-cost submission, and Fintra holds the pools and bases behind it, though the ICE-format schedule export is still on the roadmap.
Security & compliance: ITAR, EAR, DFARS, NIST 800-171, CMMC, AS9100
Winning and keeping defense work means proving you protect controlled unclassified information and technical data. That is DFARS 252.204-7012 flowing NIST SP 800-171 down to you, CMMC 2.0 assessing whether you actually implement it, ITAR and EAR governing export of technical data, and AS9100 for quality. Fintra represents these as real, DB-backed frameworks and controls with rule-based, explainable scoring, so a readiness position is defensible rather than a spreadsheet self-attestation.
- NIST SP 800-171 with all practices as controls, each with an implementation status, evidence, and a plan-of-action-and-milestones (POA&M) where it is not yet met
- CMMC 2.0 Level 2 readiness scored from the 800-171 practice states, since CMMC assesses the same requirements
- DFARS 252.204-7012 tracked as controls including the incident-reporting obligation
- ITAR and EAR export-control obligations represented as controls, with OFAC sanctions screening available for restricted-party checks
- AS9100 quality controls mapped alongside security, so quality and cyber evidence live in one system
HR: cleared personnel, certified payroll, and certification lifecycles
People are in scope for both compliance and cost. A cleared workforce needs clearance status and expiry tracked, service-contract and prevailing-wage work needs certified payroll, and engineering roles carry certifications that gate what they can touch. Fintra keeps People and Payroll in the same system as the contract ledger, so labor lands on the right CLIN and personnel compliance is visible next to cost.
- Cleared-personnel tracking with clearance level and renewal-date watch, surfaced as HR data and as control evidence
- Certified and Service Contract Act style payroll reporting generated from actual runs, on a verified tax engine
- Certification and training lifecycle tracking with expiry alerts for engineering and quality roles
- Employee records and onboarding that classify labor by contract role for accurate direct-vs-indirect coding
One system, and where it still has edges
Fintra brings the contract ledger, indirect-rate structure, progress billing, the 800-171 and CMMC readiness posture, and cleared payroll into one AI-native system. The production-grade parts are the dimensional ledger, progress billing, the payroll tax engine, and the explainable GRC engine with 800-171 and CMMC content.
Frequently asked questions
Is Fintra DCAA compliant for government contract accounting?
Fintra provides the building blocks DCAA looks for: a contract- and CLIN-dimensional ledger, direct-versus-indirect coding, fringe, overhead, and G&A pools with allocation bases, timekeeping that distributes labor daily with an audit trail, and progress billing. That said, DCAA compliance is a property of your whole accounting system and practices under audit, not a checkbox a tool grants. The incurred-cost (ICE) schedule export and full floor-check workflow are still on the roadmap.
Does Fintra help with CMMC 2.0 and NIST 800-171?
Yes. NIST SP 800-171 practices are real controls with implementation status, evidence, and a POA&M where a practice is not met, and CMMC 2.0 Level 2 readiness is scored from those same practice states. Scoring is rule-based and explainable, so the position is defensible. It is an internal readiness posture, not a C3PAO assessment or a certification, and we say so plainly.
How does Fintra handle ITAR and EAR?
ITAR and EAR obligations are represented as tracked control regimes in the GRC engine, with OFAC sanctions screening available for restricted-party checks. Fintra is the system that evidences and monitors your export-control program; it is not an automated export-license determination engine and does not replace export counsel. Automated license determinations are on the roadmap.
Can Fintra run payroll for a cleared workforce?
Yes. Payroll runs on a verified integer-cents tax engine and posts labor to the correct CLIN through shared timekeeping. Cleared-personnel status and clearance expiry are tracked as HR data and surfaced as control evidence, and certified or Service Contract Act style reporting is generated from actual pay runs rather than retyped timesheets.
What is honestly not built yet for defense contractors?
Automated forward-pricing rate proposals, the DCAA ICE-format incurred-cost schedule export, the full contractor floor-check workflow, automated export-license determinations, and intercompany elimination for consolidated entities are on the roadmap. Program-system connectors are design-partner. The dimensional ledger, progress billing, payroll engine, and the 800-171 and CMMC GRC content are production-grade today.
Stay in the loop
One practical finance briefing a week - new guides, checklists, and benchmarks.
Cost, controlled data, and cleared labor in one auditable system
See CLIN-level cost accounting, 800-171 and CMMC readiness, and cleared payroll together, with roadmap items named.
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