Profit Works San Juan, PR
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Government Contracting Cost Accounting

 

Ensuring you make a profit in Government Contracting

Headquartered in beautiful warm San Juan, Puerto Rico, PRFT WRKS LLC successfully handles the back office, project accounting, proposal preparation, and audit support for clients in the government contract community. With over 10 years of expertise in the government contracting community, we focus on government contracting accounting and DCAA compliancy. We tailor our services to meet your requirements while marrying the government ones.

We work under Act 20 Tax law from Puerto Rico, which allows us to export services with a considerable tax incentive. Those benefits we pass on to you. You get to reap the rewards by hiring highly experienced, and well-educated professionals at a very competitive rate. Saving this much money while keeping your books straight will allow you to focus on what matters, growing your business.


Mission Statement:

"To empower small businesses serving the US government and warfighter by delivering unparalleled government contracting accounting services. We pledge to uphold accuracy, compliance, and efficiency, enabling our clients to focus on their critical missions."

Vision Statement:

"We aspire to lead the industry in bookkeeping, accounting, and managed services for government contractors, setting the standard for excellence and innovation. Through our dedication to nurturing talent and fostering a culture of continuous improvement, we aim to become the employer of choice for top-tier accounting and business management professionals, driving success for our clients and our team alike."

 

Contact

➤ LOCATION

954 Ave. Ponce de Leon Suite 707 Miramar Plaza San Juan, PR 00907

☎ CONTACT

heinerivera@profitworkspr.com
(347) 281-2429

 

Areas of Support


Back Office Accounting & Bookkeeping

You have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!


Accounting System Setup

We set you up for success from the beginning. We start by understanding your business and your goals. We prepare your chart of accounts, accounting structure by expense types, we prepare the complete spiderweb of accounting so can control the outcomes and results of your efforts. We will use this structure for DCAA compliancy, business strategy, and cost proposal preparation.


DCAA Support & Compliancy

While we handle your books we ensure DCAA Compliance and generate all the related job & indirect cost reports. We prepare Provisional Billing Rates, Yearly Incurred Cost Submission, prepare internal audits - if its DCAA related, we got it covered.
 


BUSINESS Profit STRATEGY

The startup and small business marketplace is still a new and fierce frontier that requires a set of skills and business experience in the particularities of government contracting. We provide you with a holistic approach, so your company can get the best competitive advantage.


Bid & Proposal Preparation

We prepare your cost proposals, from template to pricing labor categories at industry averages. We calculate your multi year billable rates, coordinate with yous subcontractors and team partners. We also support post proposal efforts such as answering ENs and IFNs. Your goal is to win and we work with you to accomplish award.


Project Accounting

After celebrating your award, we need to setup your project. Project accounting requires a specific setup to comply with DCAA and FAR requirements. We ensure proper segregation of costs to final cost objectives as well as successful monthly reports for CDRLs and other contract requirements. Getting paid is paramount for your success and we have vast experience working with iRAPT & WAWF making sure your bills get accepted for prompt payment.

 

 
 
Every step forward pays a dividend
— David J. Schwartz
 
 

 
 
 

Let's Chat.

Use the form below to contact us regarding your contracting accounting concerns. Please be as detailed as possible. To help us best service your inquiry, we recommend that you first describe your concerns and areas where we can support along with what you want to achieve. You may also email or call us to make an appointment.

For job opportunities, please email us your resume. We’re always looking for new and exceptional talent to lead into uncharted fields of practice.