Products
  JAMIS Advantage  
  Outsourced Accounting Solution
 

JAMIS SMB Advantage: Outsourced accounting for small businesses

JAMIS Advantage provides your business with a secure, hosted suite of JAMIS products with 24/7 access to financial information, as well as services to enhance business models. The level of service is determined by your specific requirements and can be adjusted at any time to meet your business’s evolving needs.

This solution eliminates the traditional learning curve that comes with a new system by enabling you to partner with a company that has expertise in job cost software and government contracting. The JAMIS Advantage gives you the advantage of a top-of-the-line accounting system with DCAA compliance built in, invoice and report generation, web-based time collection and expense management, and other accounting features.

JAMIS SMB Advantage services include:
  • Database configuration services
  • Standard G/L COA
  • Standard set of cost elements and contract types
  • WBS designed specifically for your contracts
  • Burdening structure
  • Design allocations (if necessary)
  • Customer-specific invoice formats
  • Electronic timecards and expense reports
  • Collection and distribution of labor hours
  • Preparation of gross labor hours for submission to third-party PR provider
  • Expense reimbursements
  • Revenue recognition and customer invoicing
  • Credit card and bank reconciliation
  • Posting of monthly journal vouchers
  • Recording of modifications to funding/POP etc.
  • Posting of cash receipts
  • JIT updates of critical data (such as employees, new hires, and terminations)
Monthly reporting package includes:
  • Project Status Reports (PSR)
  • P&L
  • Balance Sheet
  • AP & AR aging reports
  • Funded Backlog
  • Actual Rate Calculation

For more information, please call 1-800-65-JAMIS (1-800-655-2647) or email us.

 

JAMIS offers solutions for government contractors