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Win More Contracts
Know Your Price to Win
How low can I go?
What multiplier should I use?
Will I make money or lose money on this bid?
Where do I cut costs to be the low bid and still make a profit?
GovBooks is a Bolt-on App
Connects to QuickBooks Online in Seconds
You need 3 things to win in this game. Know your customer and their problems. Know your capability to solve their problems. And know your costs. Most contractors know the first two, their customers and their solutions. Few contractors truly understand their costs with the kind of precision to confidently price to win without guesswork. Bid too high and you lose the contract. Bid too low and you win the contract but lose money and maybe lose your business. Ask yourself, do you really know what your costs are? In real time? Do you have a dashboard that shows your profit margin by contract, by CLIN, by labor category, by task, by person? Do you have a pricing model that not only tells you the price to bid, but your lowest price and your projected profit. Do you have a tool that tells you where to cut costs so that you can confidently price to win?
What can GovBooks do?
Contract Pricing
Indirect Rate Forecasts
DCAA, SBIR and FAR Compliance
Custom Chart of Accounts
Chart of Accounts Report
Timesheets
Multiple Approvals
Project Approvals
Indirect Rates
Custom Pools
Indirect Allocations
Indirect Rate Expense Report
Indirect Rates By Month
Contract Funding
Contract Backlog Report
Project Reporting
Project Status Report
Labor Distribution
Labor Distribution Report
Dashboards
Financial Reports
Custom Profit and Loss
Custom Balance Sheet
Custom Cash Flow Statement
Custom Transaction Detail
Import Time Data
Custom Roles
Integrations
QuickBooks Online Integration
3rd-Party Timesheets
Microsoft Excel Integration
Who uses GovBooks?
Astute government contractors who have tried the others
Small to medium sized GovCons with growth plans
Professional service firms with complex time and billing
Smart IT and cyber security firms who understand tech
Brilliant research and development companies
Diligent staffing firms needing precision timesheets
Innovative engineering firms on the cutting edge
QuickBooks Online Users who need more power
Big system users looking for ease of use and cost savings
Where is GovBooks positioned in the market?
Scale up from 1 to 1,000 Employees or more
Built for fast growing GovCons
GovCons who don't need a big, complicated expensive system
GovCons who want to convert away from a big system
Will I outgrow GovBooks?
Built for 1,000 or more employees
Unlimited number of employees
Unlimited number of 1099s
Unlimited number of contracts
Thousands of pool structures
Extends QuickBooks Online
Numerous integrations
What are the integrations?
QuickBooks Online
QuickBooks Time
Any 3rd-party timesheet system
Microsoft Excel
APIs
More coming soon!
Do I need to use your timesheet system?
No. You can use any timesheet system. While we believe our timesheets are superior to anything else that connects to QuickBooks Online and provides DCAA compliance, we support the use of your existing timesheet system. If you don't use our timesheet system, you will not be charged for it.
What does implementation cost?
Implementation support is free. We meet with each new company to develop a custom implementation plan. Support is provided by Zoom sessions, email and help articles.
How long does it take to implement GovBooks
You will continue to perform daily accounting functions without interruption in QuickBooks Online. No disruption. No down time. No data conversion. Implementation involves connecting GovBooks to QuickBooks Online, which takes about one minute. We begin implementation with a kick-off meeting to develop a custom implementation plan. Implementation support is free. Then, you begin setting up the modules that you intend to use, with our guidance and training as needed. We meet with you via Zoom as needed. Implementation time varies by size of company, but a good estimate, based on headcount, for implementation of all modules would be 15 - 20 minutes per person.
Company Headcount
10 persons - 3 hours
50 persons - 15 hours
100 persons - 25 hours
1000 persons - 250 hours
What is the future of GovBooks?
GovBooks continues to evolve as we add new features and modules. We are implementing AI to aid in analysis. We have an exciting runway ahead of us and appreciate the ideas we receive from our customers.
Is GovBooks for beginners?
If you have no experience with this method of accounting, we have partners who can assist.
Is there any ongoing software support?
We have extensive help articles and free email and Zoom screen sharing support.
Do you provide outsourced accounting?
We do not provide outsourced accounting or consulting but have excellent partners who can provide these services.
How much does GovBooks cost?
Timesheets Only subscription starts at $5 per month per Time User
GovBooks Pro subscription starts at $100 per month and includes 20 Time Users
GovBooks Pro charges $5 per month for each Time User exceeding the initial 20
Is there a free trial?
We have a 30 day free trial.
What if I have some questions before subscribing?
We have several ways to communicate either before subscribing, during the 30 day free trial period, or after the subscription begins.
Chat with GovBooks Betty, our AI Agent
Research the Help Center for articles
Email questions to support@govbooks-online.com
Schedule a Zoom session with a real human
What is your cancellation policy?
GovBooks is a monthly subscription. You can cancel anytime.
Timesheets Only
5$Every monthAccess to timesheet module only.30 day free trial- $5 per timesheet user per month
- Direct integration with QuickBooks Online
- Cancel anytime, no long-term contract
- 30 day free trial
- $5 per month minimum
GovBooks Pro
100$Every monthMonthly subscription that integrates with QuickBooks Online30 day free trial- Includes all timesheet features +
- Indirect rates, labor distribution, and funding
- Cancel anytime, no long-term contract
- 30 day free trial
- 20 timesheet users included, then $5 for each additional