QuickBooks is an excellent accounting tool for contractors at the early stages of growth. However, as these companies grow and diversify their contracting, they run into QuickBooks’ limitations.  QuickBooks users regularly face challenges when generating Time & Materials (T&M) invoices.

QuickBooks is not designed for cost accounting or man-hour cost allocation, so it doesn't have the data to generate a T&M invoice, let alone calculate a cost-plus invoice.  The lack of detailed cost accounting, integrated contract information, and time and expense data leads to ever more complex spreadsheets and manual invoice creation.

Simplify and Automate T&M Invoicing with WrkPlan

Wouldn’t it be nice if you had your timesheet data, your business expense reports, your subcontractor’s invoices, and your direct payables in one place, so you can push a button and get your invoice?

It wouldn’t just be nice, it would be DCAA-compliant. WrkPlan is the one-stop shop ERP for Government service contractors.

As a thoroughly modern ERP, optimized for SMB contractors, Wrkplan integrates contract funding, timekeeping, subcontractors, project and financial reporting, and then produces the Government Invoice Package. This includes all the exhibits needed to support monthly billing, including:​

• Invoice
• Cover Letter
• Forms 1034 / 1035 / DD250
• Costs by Employee by Task
• Expense & Travel Detail
• Task Burn Rate & Funds Remaining
• BER Receipts

Ready to streamline your invoicing?

Contact our sales team today to schedule your personalized WrkPlan demo and see firsthand how much easier invoicing can be.  Click here to schedule a demo.