ICAT (Indirect Cost Allocation Tool) is a solution that helps businesses in adding indirect cost accounting and reporting to the general ledger to manage government contracts. It enables businesses to easily track trends, monitor contact funding thresholds, and leverage accounting insights to inform business decisions. Managers can track contract status versus contract budgets and financing restrictions, analyze direct and indirect expenses by job, and create labor distribution reports. With the help of ICAT, businesses can expand their current accounting system to manage contract costs and meet DFARS and FAR regulations. In this article, we will explain how to integrate ICAT with QuickBooks.<\/p>\n
These are the advantages of integrating ICAT with QuickBooks.<\/p>\n
Here are the steps for integrating ICAT with QuickBooks Desktop.<\/p>\n
With ICAT and QuickBooks integration, businesses can eliminate manual calculations and reduce risks with more accurate, consistent accounting and reporting capabilities. However, ICAT is compatible with specific versions of Windows. This challenge can be overcome by hosting it on the cloud.<\/p>\n
As an Intuit Authorized Hosting Provider,<\/b> Apps4Rent offers QuickBooks cloud hosting services<\/a><\/span> from top-tier SSAE 16 data centers in New York and New Jersey and can help businesses in integrating ICAT with QuickBooks seamlessly. Contact our QuickBooks virtualization experts available 24\/7 via phone, chat, and email for assistance.<\/p>\n