Griot is focused around the concept of a "Project". A projects has one rate book, labor category (direct labor, overhead, G&A, Fringe, miscellaneous), its own personnel assignments, start and end dates, invoices, expenses, and billing information. There is no limit on the number of projects you can create.
A project is most likely a contract or in case of a large contract with multiple task orders, a Task Order. For multi-year contracts or contracts with multiple task orders which may have their own rate books, invoicing or other reporting needs, it is recommended to create multiple projects and use a "Project Group" for an overview (see Project Group)
A project is also a labor pool for non-billable (aka direct labor) categories, such as business development, bid and proposal, PTO, or admin. To be DCAA compliant, you must have total time accounting, meaning every hour your employees work must be accounted for in your timecard system.
By default, Griot offers the most common labor categories: direct labor, overhead, G&A, Fringe, miscellaneous. If you need different labor categories, please contact Griot Support.
To create aggregated reporting across multiple projects, you can create a project group. There is no limit to the number or type of project groups you wish to create. The project group totals the amount received, spent and variance for you in an excel downloadable table.
The following sections are designed to get you started with projects. To see our Full Project Guide click here: