PVBS for Government Contractors
High-Growth Government Contractor News
September 2007
Welcome to the Fall 2007 issue of the High-Growth Government Contractor newsletter from PVBS.
 
Our customers, typically fast-growing companies that offer services and/or products to the Federal Government, have been asking us for regular communications on the developments with our ERP, project accounting and financial management solutions. Many have asked us to offer insight into the companies we have partnered with that provide products, services, and other business solutions to government contractors.
 
And everyone wants us to keep them informed on what Microsoft is providing for government contractors on the enterprise systems and financial management side.

 

In this issue, we'll give you an update on what Microsoft has been creating for government contractors and discuss some of great things that are included in the recent release of Microsoft Dynamics-NAV 5. We'll introduce you to one of our key partners, Black Ink, who offers Dynamics-NAV for Government Contractors as a hosted service, which our small and emerging customers have been asking for. And we'll update you on PVBS news.

 

We're also excited to announce that we have added two new sales executives to the PVBS sales team. Jeff Lubbell has been a leading figure in the Dynamics-NAV world for some time. We are excited to have him at PVBS. Rob Kaplan recently joined the company from Nortec. Rob knows the challenges government contractors face and looks forward to introducing his new clients to our solution.

 

Best regards,

Bernard Mustafa

CEO, Pleasant Valley Business Solutions

In This Issue
The Good, The Bad and The Ugly - Tax issues for Government Contractors
Dynamics-NAV for Government Contractors DCAA-Compliance Discussed by Former Auditor
Microsoft Dynamics-NAV and Industry News for Government Contractors

The Good, The Bad and The Ugly - Tax issues for Government Contractors

 
By Melinda L. C. Davis, CPA, Goodman and Company
 

If you are wondering why it seems that there have been income tax changes every year for the last several years, the reason is because there have been income tax changes every year for the last several years.  Compound these changes with sales tax issues and court cases and you could end up spending your entire day reading to find the issues that relate to you and your company.  Meanwhile, business must go on.  In this article, our partners at Goodman have attempted to do some of the sifting for you and have identified three issues that will undoubtedly have an impact on your business. (more)

Dynamics-NAV for Government Contractors DCAA-Compliance Discussed by Former Auditor
 

In this interview, Ken Bricker, senior partner with the Goodman and Company's Government Contracting Services Group, discusses industry myths concerning "DCAA certified" accounting and financial management software and why his firm chose to partner with PVBS. Bricker has worked in the government-contracting and acquisitions arena since 1975. He has private sector experience as a Vice President of Finance and Chief Financial Officer of a government contractor, as well as government experience as a Senior Auditor for the Defense Contract Audit Agency (DCAA). 

(more)

Microsoft Dynamics-NAV and Industry News for Government Contractors

PVBS Announces Full Support for Government Contractor Requirements in the New Microsoft Dynamics-NAV 5.0

 
PVBS announced earlier this year that it would be supporting the new features and functionality available in Microsoft Dynamics-NAV 5.0 and subsequent releases.  PVBS announced enhancements it has made to its Microsoft Dynamics-NAV for Government Contractors that will make it easier for government contractors to support their Federal Government customers.
 
Microsoft Dynamics NAV 5.0 offers compatibility with Windows Vista, deep integration with the 2007 Microsoft Office system and a range of application enhancements including Sales and Purchase Document Approval, Prepayment, Intercompany Purchase Cost Distribution, Inventory Costing, Item Tracking, and Jobs and Service Order Handling, and more.
 
Incentive contracts can provide the proper balance of risk between government and contractor
 
Incentive contracts can provide the proper balance of risk between government and contractor, while also providing significant advantages for both government and industry.
 

Oxley: I'm Not Happy with Sarbox
 

Today, Sarbox, and particularly 404, are under heavy attack, as are many of its accessory creations, most notably the Public Company Accounting Oversight Board. Both the president and many in Congress have said the act was poorly implemented, a criticism that neatly deflects the blame from those who made the law to those charged with implementing it. Technically, that's the Securities and Exchange Commission, although almost all of the critics leveling that charge are actually referring to the PCAOB.

 

 

Microsoft Gold Partner

PVBS Partner

Black Ink Launches Dynamics-NAV as a Service for Growing Contractors

PVBS announced that Black Ink, a managed service provider for Microsoft SQL Server-based applications, is now offering Microsoft Dynamics-NAV for Government Contractors (GCs) from PVBS as a hosted service.  This is the first time Dynamics-NAV for GCs will be offered as a Service (SaaS). In addition to offering the software as a service, Black Ink will provide many other outsourced financial services to government contractors.

 

The company is led by Carl Sweetnam, a former CFO and senior accounting consultant who has serviced government contractors for over a decade.  We interviewed Sweetnam about his goals for the company.  (more)

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