How to Record Defense Property Protection
Recording the cost of armed security services and perimeter monitoring specifically required for defense manufacturing facilities.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Overhead - Security Services | Debit | 15,000.00 | - |
| Accounts Payable | Credit | - | 15,000.00 |
💡 Accountant's Note
Security costs for defense sites are typically allowable overhead costs if they meet the requirements of FAR 31.205-35. The entry records the invoice from a third-party security provider.
Practitioner & Systems Framework
💻 ERP Architecture
Ensure security costs are mapped to an allowable overhead pool rather than G&A unless the facility is exclusively corporate.
⚠️ Audit Flags
Excessive security costs relative to contract security requirements or private sector benchmarks.
📄 Required Documentation
Invoices and a copy of the security plan mandated by the DD Form 254.
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Discussion & Community Questions
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