Why is Quarterly Reporting and IFF so confusing?

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This very simple process that the government has set up to fund their GSA and FSS has left many contractors confused about what they should and should not report as a GSA sale. I get questions from my clients every quarter about what to report and what not to report. As long as you follow a few simple rules it makes this process much easier.

1. Delineate federal customers in your accounting software. I know that in QuickBooks you are able ...

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