Latest Financial Reporting and Accounting News

e-Journal Attachments ***Updated***

Posted June 26, 2012 in Financial Reporting and Accounting and tagged .

***Update*** Due to a power outage in the Park Data center, the update to fix the ability to upload attachments to e-Journal was not applied.  As soon as this is fixed we will post it on the FS lifesaver   The … Continue reading →

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Payroll Journals ***Updated***

Posted June 26, 2012 in Financial Reporting and Accounting.

***Update*** Payroll Journals were posted yesterday, but due to a power outage in the Park Data Center, the Ledger Balances are still not updated.  The Ledger Balances are as of 11:00 PM, Monday 6/25/2012.  Barring any unforseen problems, the Ledger … Continue reading →

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Year-End Information & Dates

Posted April 17, 2012 in Financial Reporting and Accounting and tagged , .

The “Year-End Information & Dates” link in the Financial & Business Services pagelet on CIS has been updated for the dates applicable the upcoming fiscal year end. Please make sure all your documents are submitted by the posted due dates to insure that … Continue reading →

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Q2 FY 2012 Unit Market Value for Endowment Projections

Posted February 21, 2012 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for December 31, 2011, is $191.48 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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Payroll Encumbrance Changes Are Here!

Posted January 6, 2012 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

We are excited to announce the highly anticipated changes to payroll encumbrances are live today. Payroll encumbrances can now be projected through future years on research projects, and will be updated daily to reflect mid-pay period changes to employee distributions. These enhancements are part of … Continue reading →

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Payroll Encumbrance Changes Coming January 6th

Posted January 4, 2012 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

Ever wish you could project payroll commitments through the end of a multi-year research grant? Tired of updating employee distributions only to wait (patiently) for the next payroll cycle before the changes are reflected on encumbrance reports? Then your time has come! Beginning Friday, January 6th, payroll encumbrances will … Continue reading →

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Updated: Payroll Encumbrance Issues Reported

Posted December 8, 2011 in Financial Reporting and Accounting, Financial Services, Financial Services Technical Support, Grants and Contracts Accounting, Payroll and tagged .

Affected payroll encumbrances have been recalculated and now show correct amounts in reports. Previous post… The calculation of some November 30th payroll encumbrances are incorrect due to a timing issue encountered during payroll processing this week. Encumbrances for payroll distributions ending prior to June 30, 2012 were erroneously projected through the … Continue reading →

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Endowment Projections for Q1 FY 2012

Posted November 21, 2011 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for September 30, 2011, is $184.82 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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Endowment Projections for Q4 FY 2011

Posted September 2, 2011 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for June 30, 2011, is $203.74 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the instructions … Continue reading →

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WRONG ADDRESSES ON ACTIVITIES & PROJECTS

Posted August 24, 2011 in Financial Reporting and Accounting and tagged .

Central Mailing has brought to our attention that many Management Report packets are addressed to the wrong location. Consequently, handwritten corrections are written on the mailer sheet and delivery is being delayed. If the address on your Activity(s) or Project(s) … Continue reading →

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