eFAACT Release Notes

eFAACT Desktop ver 1.1.0.24 installation published 10/06/24

eFAACT update published 8-11-2025

New eFAACT Central Report

· Report 914 Report for Labor Journal Entry. This report outlines the content of the journal entry eFAACT sends to QuickBooks during the Send Journal Entry – Period Labor process.

eFAACT update published 7-8-2025

· As part of our ongoing efforts to streamline reporting and improve user experience, we have been continuously updating and enhancing eFAACT Central web-based reports. These updates are intended to replace the legacy Desktop Reports, which will be gradually phased out. We encourage users to transition to the updated web reports which offer improved functionality, accessibility and support.

New eFAACT Central Reports

o Report 411 Account Monthly Summary. New report provides a monthly account summary based on the QuickBooks general ledger import.

o Report 412 Account Distribution Summary. New report summarizes general ledger account costs by cost type, similar to the legacy eFAACT Desktop report 3205 Expense Account Distribution.

o Report 1001 Indirect Rates Projection. New report displays actual indirect rates by month including the supporting monthly cumulative-to-month costs.

o Report 1002 Indirect Rate Variance. New report displays actual and planned costs by month organized by costs pool and base,

o Report 311 Labor Monthly Summary. New report includes monthly billing and incurred cost summaries at the employee level all in one report with the option to include contract to date totals.

Updated eFAACTCentral Reports

o Schedules I-K added to the 1000-Incurred Costs eFAACT Central Report

o User Type filter (employee or consultant) was added to:

§ 124 Task Time Summary

§ 146 TimeCard User Status

· Current Liability accounts are now imported from QuickBooks into eFAACT GL Account Allocations. These accounts are available for optional use in the leave accrual journal entry.

· eFAACT now calculates pay period labor costs at the per pay period level rather than by summing daily costs.  This approach eliminates rounding variances between internal and external pay period reports and journal entries.   Job cost reports still reflect costs calculated per day to deliver flexible reporting options.   Previously pay period labor costs were presented as a sum of the daily cost which at times resulted in rounding variances.

eFAACT update published 4-22-2025

· Contracts and Funding includes a column for identifying SCA Contracts in preparation for future eFAACT features that will assist with automating select SCA Contract requirements.

· 152-Timer Review Report-New report specific to daily timer history records

· To streamline send hours/payroll export process, time approval now requires all employee authorizations to be setup with a non-system default service item and payroll item (with an exception for GovConPay Interface clients)

· Leave Request Activation no longer requires a payroll item to be designated as “leave” if an Indirect Job is already designated as “leave”

eFAACT update published 2-21-2025

· Timecard reminders now recognize hire and release dates when calculating missing time.

· Report 115 Timecard with Estimated Cost now reflects salaried employee overtime/undertime hourly rate adjustments for payroll reconciliations.

· Leave Request approval page includes new options allowing supervisors to adjust leave request settings prior to approval.

· Report 147 Leave Requests includes option to display request date.

eFAACT Release Notes for Previous Years