Name: SYMPAQ SQL
Price: 399 USD
Author: Aldebaron

Help Desk

Web and Video Conferencing

Customer Support

Image Recognition

Development

Business Intelligence (BI)

Collaboration

Diagramming

Project Portfolio Management

Supply Chain Management

Enterprise

Accounting

Invoicing

Finance and Accounting

Applicant Tracking

Benefits Administration

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Brokers

Cloud Storage

Converged Infrastructure

Data Center Infrastructure Management

Data Lakehouse

Data Observability

Data Privacy Management

Database Load Balancing

Ethernet Switches

File Sync and Share

Fraud Detection

Integration Platform as a Service (iPaaS)

License Management

Log Management

Managed IT Service

Network Performance Monitoring

Network Troubleshooting

NoSQL Databases

Packet Analyzer

Password Management System

Remote Support

SOA Governance

Single Sign-On

Smart Contracts

Solid State Drives

Threat Hunting

Threat Intelligence

Virtual Private Cloud (VPC)

Wireless LAN

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Creative Collaboration

Customer Success

Digital Content Creation

Digital Signage

Email Marketing

Marketing Analytics

Marketing Automation

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Field Service Management

Meeting Room Booking

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Gamification

Sales

Construction Management

Equipment Rental

Homeowner's Association (HOA) Management

InsurTech

Insurance Suites

Investment Portfolio Management

Tax Practice Management

Vertical-Specific

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SYMPAQ SQL is a project cost accounting software specifically designed for government contractors. It caters to small to large government contractors, including defense contractors, engineering and construction companies, information technology companies, and professional services providers. According to the vendor, SYMPAQ SQL offers a range of features to effectively manage project costs and meet the unique accounting requirements of government contracts.

## Key Features

**General Ledger Module**: The General Ledger serves as the central hub for all financial transactions, providing an audit trail and facilitating analysis and reporting. According to the vendor, it allows for the easy import of budgets and journals, supports user-definable account segments, and enables the calculation of indirect rates using both commercial and government methods.

**Job Cost Module**: The Job Cost module provides essential reports and functions for monitoring and managing project costs. According to the vendor, users can define project structures and contract types, separate burdens and fees by cost element type, and handle unlimited project cost elements, contract line items, change orders, and funding modifications. It also provides contract briefs, various cost reports, and supports multi-tier indirect rate burdens and budget applications.

**Accounts Payable Module**: The Accounts Payable module streamlines the processing of vendor invoices and vouchers. According to the vendor, it allows for unlimited account distributions per invoice, provides point-in-time aging of invoices, supports direct deposit with the option to email remittance stubs to vendors, and offers pre-defined default percentage account distribution of invoices.

**Accounts Receivable Module**: The Accounts Receivable module tracks client-related invoices and cash receipts. According to the vendor, it provides point-in-time aging of receivables balances, allows for automatic cancellation (voiding) of invoices, enables the application of finance charges to delinquent accounts, and supports invoicing by catalog line item.

**Billing & Revenue Module**: The Billing & Revenue module efficiently applies transactional and scheduled contract invoices to project billing. According to the vendor, it allows for the selection of projects, tasks, and cost element amounts for transaction-based billings, offers the printing of public vouchers and other billing formats, generates scheduled fixed price billings, and supports retroactive rate adjustment invoices for provisional billing rate changes.

**DCAA Compliance**: According to the vendor, SYMPAQ SQL complies with DCAA guidelines and meets all cost accounting guidelines specified on Standard Form 1408, ensuring government contractors maintain regulatory compliance.

**User-Friendly Interface**: According to the vendor, the software's user-friendly interface simplifies the entry, access, and analysis of cost accounting data, enhancing user productivity and reducing learning curves.

**Modular Design**: SYMPAQ SQL is a modular software, with each module focusing on a specific area of accounting. According to the vendor, this modular design allows users to customize their system based on their specific needs, ensuring optimal functionality and efficiency.

**Scalability**: According to the vendor, the system is scalable, accommodating the needs of small to large government contract service providers. It can grow with the organization, adapting to changing requirements and expanding operations.

**Competitive Pricing**: According to the vendor, SYMPAQ SQL offers competitive pricing, making it accessible to companies aiming for federal contracts. It provides cost-effective solutions without compromising on functionality or quality.

Customizable System: Several users have found SYMPAQ SQL to be fairly easy to use and appreciate the ability to customize the system. This feature allows them to add additional information according to their specific needs, making it beneficial for different groups who require access to specific information.

Seamless Integration: The integration of the timekeeping system with SYMPAQ SQL has been highly valued by reviewers, especially government contractors. They find this integration seamless and convenient, as it enhances their experience by streamlining processes and reducing manual work.

Knowledgeable Support: Users consistently praise the help assistance provided by SYMPAQ. They mention that the support team is always available and wait times are never an issue. The knowledgeable assistance received greatly contributes to a positive user experience.

Cumbersome Charge Code Management: Some users have found it cumbersome to add or turn off charge codes in a centralized location, which has resulted in difficulties for individual employees in the system.

Usability Issues: Despite initially appreciating the software's functionality, some users have encountered usability issues that have affected their overall experience. 

Tedious JE Template Upload: A number of reviewers have found the process of uploading JE templates to be tedious and time-consuming, impacting their workflow efficiency.

SYMPAQ SQL has garnered praise from users due to its comprehensive functionality and exceptional customer support. Users have found that the program is well-suited for government accounting, as it meets expectations regarding costing rates, labor distribution, and project costing summaries. The software also offers an effective dashboard for financial statements and special projects.

Customers have appreciated the software's user-friendly interface, whether they had multiple staff members or used it individually. They have also been impressed with the friendly and knowledgeable support provided by the Aldebaron staff. Additionally, SYMPAQ SQL's commitment to keeping its software updated to meet industry requirements has ensured a positive experience for customers.

With SYMPAQ SQL, users have been able to streamline manual processes and improve efficiency within their organizations. The system's features have allowed users to customize the software according to their preferences and tailor it to their specific needs. This level of customization has made SYMPAQ SQL a great overall product that provides good value for the price.

Overall, SYMPAQ SQL has proven itself as a reliable solution for government accounting needs. Users have experienced excellent customer service, comprehensive functionality, and continuous software updates that align with industry requirements. Whether used by individuals or larger organizations, SYMPAQ SQL provides a user-friendly experience coupled with customization options that meet diverse business needs.

Basic

Forever Free

Solo

InvoiceBerry

Single User - Unlimited Everything

Harpoon

SYMPAQ SQL

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The Buyer’s Guide to Accounting Software

Software for tracking revenues and expenses and forecasting future revenue.

Aldebaron

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Cash management

The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.

Bank reconciliation

The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

Expense management

The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.

Time tracking

The software can track billable and non-billable employee time by project.

Fixed asset management

This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.

Multi-currency support

The software supports transactions across multiple currencies.

Multi-division support

The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.

Regulations compliance

The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.

Electronic tax filing

The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

Self-service portal

The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Intercompany Accounting

Automatically balance and reconcile GL for intercompany transactions

Localizations

Meet reporting requirements with country-specific localizations

Journals and Reconciliations

Automate and synchronize ledgers and processes

Enterprise Accounting

Create accounting for disconnected ERP and non-accounting source systems

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Centralized Rules Framework

Integrate disparate ERP and transactional systems into single ERP instance

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Manufacturing module

The software helps track and manage raw materials, work-in-progress items, and finished goods.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

End-to-end order visibility

Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics

Order exception Resolution

Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Salary revision and increment management

Salary revision is the ability to modify individual employee pay.

Reimbursement management

Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

SYMPAQ SQL

Overview

What is SYMPAQ SQL?