Latest Financial Reporting and Accounting News

New FIL Reports To Track Status of Alternate Requests in GFA

Posted October 1, 2014 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

As campus is using the new GFA application, another question to Financial & Business Services is: How can I track the Status of the Requests made in the Granting Financial Authority (GFA) application?” Two new reports have been added to the … Continue reading →

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Who Has Captured Their Signature in GFA?

Posted September 29, 2014 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

A very common question to Financial & Business Services during the rollout of Granting Financial Authority (GFA) is “How can a find out who still needs to capture their signature?” Great News! Two ways have been created to find out who … Continue reading →

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August Accounting Month Closing Delayed One Day

Posted September 10, 2014 in Financial Reporting and Accounting and tagged , .

Financial Reporting & Accounting encountered some issues closing the Accounting Month for August. Financial Reporting & Accounting will close August on September 11, 2014. Please ASK US if you have any questions.

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Q4 FY 2014 Unit Market Value for Endowment Projections

Posted September 8, 2014 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for June 30, 2014, is $221.52 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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July Management Report Balances

Posted July 21, 2014 in Financial Reporting and Accounting and tagged .

Over the weekend the was a problem creating the carryforward (beginning) account balances and having them reflected in the July Management Reports. Consequently, on Monday, July 21st, the balances for July do not include the beginning balances that should have … Continue reading →

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Fiscal Year-End Closing Information and Dates

Posted June 27, 2014 in Accounts Payable, Controller, Financial Reporting and Accounting, Financial Services, Grants and Contracts Accounting, Income Accounting, Procurement and Supply Management, Property Accounting, Purchasing Card, Stores, Travel.

Do you know what is required as part of the Year End process? We have compiled a document to help. You will find: Helpful tips and guidelines Contact information for central administration offices Important deadlines  Click here to view the … Continue reading →

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Campus Order Chartfield Validation Effective Today

Posted June 5, 2014 in Accounts Payable, Financial Reporting and Accounting and tagged , .

In an effort to improve data quality and reduce the need for subsequent correcting entries, Accounts Payable and Financial Reporting & Accounting have implemented Chartfield validation for Campus Orders. This will improve efficiency by avoiding the time required by your … Continue reading →

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Q2 FY 2014 Unit Market Value for Endowment Projections

Posted February 28, 2014 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for December 31, 2013, is $216.47 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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Awesome EOR Enhancements

Posted December 11, 2013 in Controller, Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , , .

The Evidence of Review application was launched a year ago. Many on campus have used EOR to show “evidence” that they have reviewed their monthly financial statements. Several departments have given some excellent feedback. We reviewed your feedback and implemented some awesome enhancements … Continue reading →

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EOR Enhancements Have Arrived!

Posted October 3, 2013 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

The Evidence of Review (EOR) WEB application debuted last winter. Many of you have used this application to indicate evidence of review of your Activity/Project Monthly Management Reports. The feedback of EOR has been very positive, including several great suggestions … Continue reading →

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