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Tag: Cost Pools

Streamline Your Costpoint Year-End Closing with Confidence

December 2, 2024

Streamline Your Costpoint Year-End Closing with Confidence

by Kinetek Consulting

As the calendar turns, a new year full of opportunities awaits. But for accounting professionals, the excitement often comes with a familiar challenge: the year-end close. This critical process, with its complex reconciliations, stringent reporting requirements, and ever-present compliance needs, can feel overwhelming.

Fear not. With the right tools, guidance, and a proactive approach, you can turn year-end...

Understanding Cost Pools in Deltek Costpoint: Unveiling their Significance

August 24, 2023

Understanding Cost Pools in Deltek Costpoint: Unveiling their Significance

by Kinetek Consulting

In the ever-evolving landscape of project management and accounting, Deltek Costpoint has emerged as a robust solution for government contractors, manufacturing companies, and professional services firms. At the heart of its sophisticated financial architecture lies a concept crucial to accurate cost allocation and insightful financial reporting: Cost Pools. In this blog post, we'll delve into what Cost Pools...

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