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