Latest Financial Reporting and Accounting News

JUNE ACCOUNTING MONTH CLOSED – JULY BALANCES

Posted July 19, 2013 in Financial Reporting and Accounting and tagged , , .

The accounting month of June is closed and management reports reflect the June ending balances. Fiscal year end balances for FY2013 will not be rolled forward to FY2014 until Saturday, July 20th. Therefore, balance sheet amounts for all Activities and … Continue reading →

Comments Off on JUNE ACCOUNTING MONTH CLOSED – JULY BALANCES

Proper Account Usage for Cell Phone Reimbursements ***Updated***

Posted April 8, 2013 in Financial Reporting and Accounting, Financial Services Technical Support and tagged , .

As you may already be aware, in March the process changed for reimbursing employees for business usage of their cell phones. Instead of initiating and renewing these reimbursements using paper forms and manual processes, this is now to be done via … Continue reading →

Comments Off on Proper Account Usage for Cell Phone Reimbursements ***Updated***

Fiscal Year-End Closing Information and Dates Document for Fiscal Year 2013 has been updated

Posted April 2, 2013 in Financial Reporting and Accounting and tagged , .

The Fiscal Year-End Closing Information and Dates document for fiscal year 2013 has been updated and is available on the FS pagelet on CIS. Please take a moment to review the dates to make sure all your financial documents are … Continue reading →

Comments Off on Fiscal Year-End Closing Information and Dates Document for Fiscal Year 2013 has been updated

Q2 FY 2013 Unit Market Value for Endowment Projections

Posted February 25, 2013 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for December 31, 2012, is $201.80 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 →

Comments Off on Q2 FY 2013 Unit Market Value for Endowment Projections

December 2012 Accounting Month Closed

Posted January 10, 2013 in Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , .

All financial transactions have been successfully posted for December 2012.  The Accounting month is now closed.  This means that: PDF Management Reports can now be produced. After you have reviewed your Management Reports, you may provide Evidence of Review (EOR) by:  Use … Continue reading →

Comments Off on December 2012 Accounting Month Closed

November Accounting Month Has Closed

Posted December 8, 2012 in Controller, Financial Reporting and Accounting and tagged , , .

The November Accounting Month is now closed. You may now view complete November 2012 data in Web Management Reports. You will likely need to change the month and year (to November 2012) on the criteria page in Management Reports when … Continue reading →

Comments Off on November Accounting Month Has Closed

Q1 FY 2013 Unit Market Value for Endowment Projections

Posted November 16, 2012 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value for September 30, 2012, is $202.69 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 →

Comments Off on Q1 FY 2013 Unit Market Value for Endowment Projections

Accounting Deadlines Extended Because Of Data Center Move

Posted September 27, 2012 in Financial Reporting and Accounting, Purchasing Card and tagged .

University Information Technology has announced that the Park Building Data Center will move to the new facility starting at noon Friday, Oct. 5, and finishing by 7 a.m. Monday, Oct. 8. During this time Campus Information Services will be unavailable. … Continue reading →

Comments Off on Accounting Deadlines Extended Because Of Data Center Move

Management Reports Document Links Unavailable Friday Afternoon ***Updated***

Posted July 25, 2012 in Accounts Payable, Financial Reporting and Accounting, Grants and Contracts Accounting and tagged .

Update Maintenance is complete and Management Reports Document Links are now available. The image system (Fortis) that provides images for transactions appearing on Management Reports  and other financial web applications will not be available after 12:00 PM (noon) on Friday, … Continue reading →

Comments Off on Management Reports Document Links Unavailable Friday Afternoon ***Updated***

PCard Reallocation Journals Posted Multiple Times

Posted July 3, 2012 in Financial Reporting and Accounting, Grants and Contracts Accounting, Purchasing Card.

An issue with the PCard Reallocation journal entry generation process has been identified, and is expected to be resolved this evening. The problem caused PCard Reallocations to be posted multiple times, beginning with the June 28 journal.  Financial Reporting & Accounting will be reversing all PCard Reallocation journals created since … Continue reading →

Comments Off on PCard Reallocation Journals Posted Multiple Times