RGCI - Redstones Unanet Release 22.3 Brief DOWNLOAD PDF VERSION: Redstone's Unanet Release 22.3 Brief

Redstone is excited to provide our Unanet Clients with the new features and functions that are part of Unanet Release 22.3. There are numerous new functionalities that will help clients streamline their processes.

New Features and Functions

  • Analytics Updates
  • Month-End Financial Package Reports (Analytics Studio only)
  • Accrual Leave Balances (Analytics+ and Analytics Studio)
  • Person Burdened Rates
  • Analytics
  • ICE Schedule Reports
  • GOVCON Core Updates
  • Fixed Price Projects: Estimate Percent Complete Using Burdened Cost
  • Cost Elements to Expense Types
  • Invoicing Enhancements
  • Default for Project Self-Assign Setting
  • Project Planning and Resource Management
  • Other Enhancements

Analytics Updates

Analytics+ and Analytics Studio (available for cloud clients only)

Month-End Financial Package Reports (Analytics Studio only)

  • Presentation ready versions of CXO Scoreboard tile which is automatically delivered for month-end financial packages. These will automatically deliver monthly.

Redstone GCI - Unanet Release 22

Accrual Leave Balances (Analytics+ and Analytics Studio)

  • Ability to report on accrual balances to Analytics with
  • Leave Accrual Details Data Object

Note:
Fields for Cost Rate and Total Liability are coming with release 22.4 on 04/30 Columns for Cost Rate and Total Liability are coming with release 22.4 on 04/30

Person Burdened Rates

  • Ability to create reports with burdened rate calculations (Analytics+ and Analytics Studio)

Analytics

  • Person Burdened Rate Data Object
  • Person Burdened Rate standard report will be added with 22.4 on 4/30

ICE Schedule Reports

  • New reports supporting ICE Schedules G-1 and H.

GOVCON Core Updates

Fixed Price Projects: Estimate Percent Complete Using Burdened Cost

Ability to estimate percent complete for Fixed Price projects based on direct labor and expense plus indirect costs. Customers can now include indirect cost in their calculations with the addition of the burdened cost method of calculating percent complete.

Cost Elements to Expense Types

Added functionality to enforce mapping of new Expense Types to Cost Structures and the correct Cost Element upon creation of a new Expense Type or the editing of an existing one.

Redstone GCI - Unanet Release 221

Invoicing Enhancements

Renaming of the existing button to Post/Add (so the name matches the behavior) and added a new button (labeled Post >) that posts the invoice and takes you back to your filtered list highlighting the next row ready to be posted. This change impacts the behavior of the Vendor Invoice, and Vendor Payment functions and will be added to the Journal Entry screen with the 22.4 release on 4/30

Redstone GCI - Unanet Release 222

Default for Project Self-Assign Setting

Most customers do not allow self-assignment to projects. The self-assign default setting can now be controlled through an admin setting where the self-assign checkbox is not automatically checked when creating a new or copying a project.
Admin-Properties-General-Project Access-Disable Self Assign

Redstone GCI - Unanet Release 223

Project Planning and Resource Management

People Assigner Redesign (Cloud-only) Continuing the updates to Forecasting released last quarter, we’ve redesigned People Assigner with:

  • A more intuitive Criteria filter Wizard that is consistent with the new People Planner
  • An improved UI/UX overall with enhanced interactions, while
  • Retaining all the Key Features of Assignments

Other Enhancements

Changes to IRS regulations required addition of four new categories to the 1099 category drop-down in Admin>Setup>Accounting>Accounts

Track 1099-NEC and Track 1099 export templates for that table were also updated. The new categories are:

  • 1099-MISC, Box 11 - Fish Purchased for Resale
  • 1099-NEC, Box 5b - Local Tax Withheld
  • 1099-NEC, Box 6b - Locality, and
  • 1099-NEC, Box 7b - Local Income

If you have questions or would like assistance walking through the new release features, please let us know. Our Unanet Team is here to assist you through the process.

Written by Katie Donnell

Katie Donnell Katie is the Unanet Practice Lead at Redstone Government Consulting, Inc. based in our Huntsville, Alabama office. Her areas of expertise include supporting government contract businesses with a special focus in DCAA-compliant Unanet Time and Expense Tracking, Project Portfolio and Financials. QuickBooks, and Deltek GCS. Katie is a QuickBooks ProAdvisor, Certified Unanet Systems Implementer and has completed the Unanet Advanced Project Management training. Katie was one of the first Unanet Certified Implementers and was part of the initial pilot offering to non-Unanet consultants. As part of her certification process, Katie invested over 300-hours of instruction, out of class database development time and testing to obtain her certification. Since certification, Katie has assisted numerous Redstone GCI clients with implementation and post-implementation support services. Katie is frequently called upon by Unanet to join their implementation teams as an external resource and is considered a subject matter expert in the implementation of all Unanet software offerings. In her role with Redstone Government Consulting, Inc., Katie not only provides software systems expertise, but also frequently assists clients with preparation and support of DCAA audit activities including SF1408 pre-award accounting system audits, provisional billing rate submission, development of forward pricing rates for proposals, incurred cost submission preparation and development and design of policies and procedures necessary to support an adequate (DCAA-approved) accounting system. Katie serves as the primary point of contact for many small business clients in government cost accounting/compliance and assists monthly with the close of those contractor’s accounting systems and reporting to program management and executives. Her industry experience, software systems expertise and compliance knowledge provides a rare combination of knowledge to clients looking for a consultant to become an integral part of their team. Professional Experience Prior to joining Redstone Government Consulting, Inc., Katie worked in public accounting as well as small to mid-sized government contractors. She has prior operational experience with the many types of software such as Unanet, Deltek GCS, QuickBooks, SpringAhead, Deltek T&E, ADP, Paychex, and QB Payroll. Education Katie earned a Bachelor of Science degree in Accounting from The University of Alabama in Huntsville in 2010, where she was President of Beta Alpha Psi (an honor organization for finance and accounting students and professionals). She received her Master of Business Administration (MBA) from The University of North Alabama in 2014, graduating Cum Laude. Decades of Consulting, Training and Helping Government Contractors Succeed Redstone GCI offers a variety of services for large and small government contractors including evaluation, education and training, monitoring and DCAA audit preparation. Through our consulting and training programs, government contractors develop and learn to maintain compliance processes that help them succeed by mitigating risk and maximizing profitability. Our consulting team is comprised of senior leaders from government agencies and industry executives creating balance and an informed approach to our client services. Our services span the entire government contract lifecycle from proposal assistance, accounting, audit readiness, purchasing, project controls, contract administration, system implementation through to contract closeout. We specialize in preparing contractors for growth through our deep knowledge of common pitfalls companies face as they progress from small business in CAS, DFARS Business Systems and other common gates to contractor growth. In addition to almost 30 full-time consultants we also maintain a trusted network of independent contractors and other service providers who work with our team on specialized areas like ITAR, facility security, EVMS and other areas.

About Redstone GCI

Redstone GCI is a consulting firm focused on fulfilling the needs of government contractors in all areas of compliance. With a singular mission to help contractors through the multiple layers of “red tape,” we allow contractors to focus on what they do best – support their mission with the U.S. Government. We are home to a group of consultants made up of GovCon industry professionals, CPAs, attorneys, and retired government audit and acquisition professionals.

Our focus and knowledge of audit and compliance functions administered by DCAA and DCMA will always be at the heart of what we do. However, for the past decade, we’ve strategically grown to support other areas of the government contractor back-office with that same level of focus and expertise. We’ve added expertise in contracts management, subcontract administration, proposal pricing, various software systems, HR and employment law, property administration, manufacturing, data analytics/reporting, Grant specialists, M&A, and many other areas. When we see a trend in the needs of contractors, we act to ensure we can provide the best expertise in the market to fulfill those needs.

One thing our clients can be certain of is that with the Redstone GCI Team in your corner, there is no problem too big and no issue too technical for our team to tackle.

Topics: Unanet