Latest Financial Reporting and Accounting News

Financial Information Library

Posted September 21, 2006 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting and tagged .

A new web application has been added to the Administrative Financials Pagelet of the CIS. Financial Information Library allows the user to retrieve information from the financials system. Within the application a link is provided to download the information to … Continue reading →

Comments Off on Financial Information Library

Journal Detail Search Enhancements

Posted August 29, 2006 in Financial Reporting and Accounting, Financial Services Technical Support, Grants and Contracts Accounting and tagged .

The Journals option of TRANSACTION DETAIL SEARCH has been enhanced. Search Criteria Page Require the user to select the desired Business Unit option. Business Unit selection will now dynamically determine additional search options. Provide clarity when specifying Chartfield Criteria. Results … Continue reading →

Comments Off on Journal Detail Search Enhancements

Payroll Encumbrance Anomaly

Posted August 20, 2006 in Financial Reporting and Accounting, Grants and Contracts Accounting, Payroll.

For the pay period ending August 31, 2006 there is an encumbrance anomaly for a small number of employees. The issue is the encumbrance listed on the Earnings, Benefits, and Taxes report is different than the amount reflected in the … Continue reading →

Comments Off on Payroll Encumbrance Anomaly

New Activity Setup Notification

Posted June 29, 2006 in Financial Reporting and Accounting, Financial Services.

In an effort to improve communication and documentation of financial responsibilities and to strengthen institutional internal controls, a copy of each new Activity Setup Request will be returned to the department of origin with an “Activity Setup Notification” sheet and … Continue reading →

Comments Off on New Activity Setup Notification

Fiscal Year-End Financial Deadlines

Posted April 10, 2006 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged .

The “Year-End Informatin & Dates” link at the bottom of the Administrative Financials section of CIS (Campus Information System) has been updated for the close of the current fiscal year. Please review the document for any dates that may apply … Continue reading →

Comments Off on Fiscal Year-End Financial Deadlines

Departments on the move

Posted February 26, 2006 in Accounts Payable, Financial Reporting and Accounting, Financial Services Technical Support, Payroll, Tax Services, Travel.

Over the next few months the following departments in Financial and Business Services will be moving. Accounts Payable from 405 Park to 145 Park (November 7) Financial Information Services from 416 Park to 405 Park (December 20) Financial Reporting & … Continue reading →

Comments Off on Departments on the move

New Guidelines for Quasi-Endowments

Posted February 8, 2006 in Endowment & Investment Accounting, Financial Reporting and Accounting and tagged .

A new form has been created, Agreement to Establish a Quasi-Endowment, which is to be used in requesting the creation of a fund functioning as an endowment. This form should accompany the Activity/Project Set-Up Request form when a new quasi-endowment … Continue reading →

Comments Off on New Guidelines for Quasi-Endowments

Mark your Calendars for Business Officers Meeting & Other Training Opportunities

Posted January 31, 2006 in Accounts Payable, Financial Reporting and Accounting and tagged .

Financial and Business Services (FS) is excited to present additional training and professional development opportunities for support, teaching and research staff throughout our campus community. Training sessions will complement existing skills of our workers, provide a forum for communication regarding … Continue reading →

Comments Off on Mark your Calendars for Business Officers Meeting & Other Training Opportunities

Management Report Changes

Posted January 25, 2006 in Financial Reporting and Accounting and tagged .

Due to recent changes in our enterprise financial software, we are unable to accurately report the encumbrances on prior months; therefore, the following changes have been made to the Management Reports. Prior Month Management Reports The Summary of Revenue & … Continue reading →

Comments Off on Management Report Changes

PO Voucher Timing Problem

Posted January 10, 2006 in Accounts Payable, Financial Reporting and Accounting, Grants and Contracts Accounting, Procurement and Supply Management.

Incident to a recent upgrade in our enterprise financial system, a problem was inadvertently introduced. There may be timing glitches between the date a PO voucher for a project is disencumbered and the date the expense is recorded. For example: … Continue reading →

Comments Off on PO Voucher Timing Problem