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