A software system designed by eFAACT.

About eFAACT

eFAACT is the proven QuickBooks solution for meeting DCAA and other audit agency compliance requirements. SIMPLE, CONSISTENT and AFFORDABLE.

Time Tracking Compliance:

  • TimeCard Web for employees and consultants
  • Online work authorization reference
  • TimeCard online signature and supervisor approval
  • Automatic TimeCard reminders
  • Time entries sent to QuickBooks ready for payroll

Expense Reporting:

  • eFAACT Expense Web for authorized users
  • Administratively controlled expense report options
  • Expenses signed, approved and sent to QuickBooks

DCAA Audit Support:

  • Labor distribution reporting
  • Classification of direct and indirect costs with audit trails
  • User-defined controls for contract definition, contract loading
  • Standard and user-defined cost pools (G&A, Overhead, Fringe, Handlings)
  • DCAA indirect rate calculations and detail reporting
  • DCAA incurred cost schedules and reports
  • DCAA fiscal year end rate projections
  • DCAA provisional rate reporting
  • DCAA rate adjustment invoice generation

Contract Management:

  • Synchronized finance and contract reporting
  • Government contract invoicing
  • Standard and customizable contract cost loading options
  • Contract cumulative-to-date figures at all job levels
  • Limitation of cost notifications by contract
  • Contract funding management reports
  • Contract budget versus actual job cost reporting
  • Contract and employee profitability reporting

Product Overview

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