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More than FRS
FinancialInformation System
(FIS)http://laser.k-state.edu
Financial Information System (FIS)
Presented byKansas State University
Controller’s Office
FIS Training Coordinator
Ron Semarge
Session Objectives
To provide you a beginning towards understanding
The basic structure of our upcoming Financial Information System
The basic structure of the new Chart of Accounts and how it functions within FIS
Changes in methodology of inputs to the FIS
Primary outputs (forms, reports)
Welcome to FIS Training• General Ledger
– Chart of Accounts– Budget– Payroll– CASHNet (receipts) and eForms (expenditures) – Reports
• Purchasing• Fixed Assets• Projects / Awards (Grants)• Future Training
•FIS is far more complex, but more dynamic, than the current FRS system.
•Transactions flow through multiple modules
•User training is critical and will be required to fully utilize the system
System Complexity
Background
Current hardware based on IBM mainframe – Old technology– Expensive to maintain (Maintenance and
repair parts)
Background
New System is Oracle Based- Very Robust, Modular System- Web based access– Enhanced ability to encumber funds - Enhanced capabilities and future growth– Enhanced ad-hoc reporting with access to
University Wide data
Project Leaders for FIS
Jennifer Gehrt – Director - Laser Project Bryan Kraus – FIS Functional LeadMark Grinter – FIS Technical Lead
And many many more are involved
When are we doing this?
Being done in several phases
Timeframe?
• Two Phases• Phase 1 – three internal portions
– Discovery and Analysis (Jan 03 – Aug 04)– Testing and Analysis (Aug 04 – Mar 05)– Fine tune and Final Setup (Mar 05 – Jun 05)
• Phase I Objectives– Focus on critical business processes involving
basic input and reporting– Exploration of modules for functionality and
applicability– Develop and test internal processes and
procedures– Develop training and methodology for
conducting same
Timeframe?
• Implementation – 1 July 2005 – Budget and Payroll a bit earlier
Timeframe?
Timeframe?• Phase II Objectives
– Continue to enhance input / query and reporting capabilities
– Further fine-tuning of GL– Further exploration of Projects and Purchasing
modules– To provide departments with greater ability to
utilize FIS for their unique financial accounting needs
• Maintenance / Enhancement– Long term– Incremental enhancements to hardware and
software
Timeframe?
FRS Module Overview
Two modules
Accounts Payable (AP)
Financial Accounting
Interfaces with local programs
PARS (Labor Distribution)
Central Invoicing (Accounts Receivable)
Fixed Assets
Other software interfaces with FRS
CASHNet – Receipts
HRIS (PeopleSoft) Payroll
Budgets (PeopleSoft)
BRS
eForms
FRS Module Overview
eForms
CASHNet
STARS
Budget
HRISPayroll
FRS Module Overview
AccountsPayable
FinancialAccounting
Fixed AssetsCentralInvoicing PARS
BRS
FIS Module Overview
Different Modules for different financial functions
Projects / Awards (Grants)
General Ledger (GL)
Accounts Payable (AP)
Accounts Receivable (AR)
Labor Distribution (LD)
Purchasing (Purch)
Fixed Assets (FA)
FIS System Overview
Other software interfaces with FIS Modules
CASHNet – Receipts
HRIS (PeopleSoft) Payroll
Budgets (PeopleSoft)
BRS
eForms
eForms
CASHNet
STARS
Budget
HRIS Payroll
FIS Module Overview
General Ledger
Projects /GrantsAccounting
Purchasing
Accounts Payable
LaborDistribution
Fixed Assets
AccountsReceivable
BRS
Human Resources
Cash Management
ConsumableInventory
FIS Modules• General Ledger (GL)
– core module of the system– all reporting (except grants) is based on information
contained in the GL• Projects/Grants Accounting
– Provides activity-based accounting with additional functionality to meet grant accounting needs
– Initial focus will be Grant accounting• Accounts Payable (AP)
– Processor for vendor and inter-departmental payments
FIS Modules• Accounts Receivable (AR)
– Initial focus will be Grants Billing• Labor Distribution (LD)
– Detailed payroll transactions will be interfaced to FIS through this module
– Includes functionality for Effort Reporting (Grants)
• Fixed Assets (FA)– Manage the University’s capital asset records
Changes to Account String
Current FRS Structure
•6 character accounts (General and Sub-Ledger)
•Numerous attributes associated with account (done behind the scenes)
•Starting and ending digits carry various meanings
•Example•267842
•Beginning 2 – indicates State appropriation as opposed to Restricted Fee
•Ending 2 – indicates Unclassified Salary
Upcoming FIS Account Structure
Multi-Segment account structure
ProjectSource (Index)
Organization(Department)
ObjectCode
NUCO481003 2080 05040 E2690
General Ledger Account Structure
Project
•Program, project or activity
•Links to the Awards/Projects module•Future item: Task – allows for further breakdown of a project into task and subtask (initial implementation will have this default to 01 or 02.)
ProjectSource (Index)
Organization(Department)
ObjectCode
NUCO481003 2080 05040 E2690
General Ledger Account Structure
Project Segment•Project is 10 Characters
•1st character notes Grant/Non-Grant/Matching
•2-4 contains Organization (Department) Alpha
•5-10 characters are alphanumeric, determined by the individual department
•Examples (Spaces for instructional use only)
•N UCO 481003
•G UCO 00MISC
Project Segment
• The Controller’s Office staff is working with colleges to establish Project numbers for conversion from FRS to FIS
• An eForms document will be created for departments to use to request a new Project
Source (Index)
•A funding source designated by the state
•Ex. General use, Restricted fees, Sponsored Research Overhead (SRO), etc.
ProjectSource (Index)
Organization(Department)
ObjectCode
NUCO481003 2080 05040 E2690
General Ledger Account Structure
Organization (Department)
•Core departments within the University
ProjectSource (Index)
Organization(Department)
ObjectCode
NUCO481003 2080 05040 E2690
General Ledger Account Structure
Object Code (Object)
•Assets, liabilities, fund balance, revenue, expense, budget
•1st character defines type
•E (Expense) A (Assets)
•R (Revenue) L (Liabilities)
•B (Budget) F (Fund Balance)
ProjectSource (Index)
Organization(Department)
ObjectCode
NUCO481003 2080 05040 E2690
General Ledger Account Structure
Benefit of Multi-Segment Structure
• Multi-segment GL account structure will provide enhanced reporting and access to information
Budget
Budgets will continue to interface from the budget system
Budgets will interface for these funds:State General FundGeneral FeesFederal AppropriationsInterest FundAllocated Sponsor Research Overhead fundsInstitutional Support Fee funds
Budget
Account code combination will interface from Budget
Project
Fund Source (index)
Organization (budget department)
Object (budget pools)
Budget
Revenue budget will be posted to allocated GL accounts (project/source (index)/organization) equivalent to central expense budget allocations
Revenue (cash) will be posted to allocated GL accounts equivalent to central expense budget allocations
Budget
Restricted Use budgets are not required and therefore will not interface from the budget system
Cash, rather than budget, will be used to determine available balances
Users may choose to submit budgets for restricted use accounts and non-allocated budget accounts.
Allows for budget view of data
Budget
There will be minimum change to the budget system
On-line (budget system) data entry panel (Feb 05)
Replace 6-digit FRS account with 10-digit Project segment
PCA will default from the Project segment
Source (index) will need to be entered and the fund will default from index
Organization will default from the budget department
Changes effective with budget first proof (Feb-Mar 05)
Funding Line screen in the KSU Budget System
Project field added
FRS # will appear for one year
NOAAFACSAL
NOBO381273
Funding Line screen in the KSU Budget System
Fund index (source) will be entered
Fund will default from indexPCA will default from project
BudgetThe following budget pools will be used in the General Ledger Module
B0100 – Revenue budget
B1000 – Classified salaries and benefits
B1100 – Unclassified salaries and benefits
B1200 – Student salaries and benefits
B2000 – Other Operating Expenditures
Revenue and expenditures will roll to the appropriate pool to calculate budget balances
Budget
Main Campus General Use (GU) unclassified fringe benefits will continue to be pooled
Budget will be transferred to the appropriate project each pay period to equal unclassified benefit expense (no change from current process)
Budget
Budget Transfers
Transfers will be processed utilizing eForms input
Future item: Transfers will be completed on-line as workflow is developed in FIS
Budget
Year-End
Follow current processes
General use budget pools will be zeroed at year-end
Budget Office will transfer any carry forward funds the following July as directed by the unit head
Allocated SRO and institutional support fee fund balances will carry forward
• “Budget” report reflects budget balance available
Budget Flow
GeneralLedger
Budget
Payroll Funding Interface
Chart of accounts will continue to interface daily from FIS to HRIS – Updated at the beginning of the new fiscal year
(no change from current process)– Updated daily from FIS to reflect changes (no
change from current process)
HRIS Payroll Funding Levels
Payroll funding within the HRIS system will remain at the department, position or position pool level (No change from current process)
HRIS Payroll Funding PagesEarnings – Deductions - Taxes
• Minimum change to the HRIS funding distribution pages– Will occur mid - June 2005 (FY06 payroll
funding)– Replace FRS account # with Project
• Award will default from project number– Enter fund source (same funding flexibility)– Organization will default from position
EarningsE
arni
ngs
Enter fund source
Enter fund sourceEnter project/task #
Grants - award will default from project
HRIS Retroactive Funding Changes
• In the future, process may become more automated
Interface from HRIS to FIS
• Daily updates contain detailed transaction information (position data, job data, job codes, department codes, etc.).
• Detailed payroll expenses at the employee level– Labor distribution– Project Accounting
• Summarized for the General Ledger
HRIS Payroll Flow
LaborDistribution ProjectsHRIS
Payroll
GeneralLedger
User Inputs to System
• CASHNet– Receipts and expenditure of funds (money)
• eForms– Payables and other users as present
CASHNet ®
• Web-Based Commercial Application• With exception of Grants/Award,
departments will use to receipt monies• Grants/Awards will continue to be
handled by Sponsored Projects (SPA)
CASHNet ®
• Minor changes in actual deposit screen to reflect new FIS Account structure
Individual fields for each element. While still being developed and tested with the vendor, the order and length of several
fields will be adjusted to match FIS structure.
CASHNet® Flow
GeneralLedgerProjectsCASHNet
Non-Grant Process Flow
GeneralLedgerCASHNet Accounts
Receivable
Grant Process Flow
10 Minute Break
eFormsPurchase Order, Payables and Budget
• No change in use from current procedures– Web-based– .pdf format (Acrobat reader still required to render final
forms and to print forms)• Will use eID for authentication while still
continuing to use Position Number for document access (i.e. Documents are tied to position, not the person)
eFormsPurchase Order, Payables and Budget
Document Header
• Becoming two (2) distinct forms– Purchase Order – Agency Payment Voucher– Other minimal changes in the heading section
eFormsPurchase Order, Payables and Budget
Example of Payment Voucher Header
eFormsPurchase Order, Payables and Budget
• Other minor changes in heading– Document numbering will be restarted– Agency and Div. No. boxes are being removed– ‘APO No.’ renamed to ‘User No.’ – ‘Tran Date’ renamed to ‘Remit date’
eFormsPurchase Order, Payables and Budget
Vendor and Purchaser Information Section
eFormsPurchase Order, Payables and Budget
• Minor changes – Vendor Number being changed to provide improved
personal security– Account numbers to bring in-line with FIS
eFormsPurchase Order, Payables and Budget
• There are no changes to this portion for ‘Purchase Orders’• For Payment Vouchers this section is being considered for
use as a ‘Remittance data’ field
eFormsPurchase Order, Payables and Budget
Funding Information Section
eFormsPurchase Order, Payables and Budget
• FIS required changes here – For non-grant projects, enter a Source, for grant
projects, enter an Award number– Completion of this portion drives the autofill
described in the next slide– Invoice number – This column was removed –
information will be captured from the description
eFormsPurchase Order, Payables and Budget
• Minor changes – Still in design– Autofill capabilities remain as done today– Change in column order, heading titles and removal
of unused or redundant columns
eFormsPurchase Order, Payables and Budget
Autofilled
Description section has no format changes *Future Item: The ‘Date & Inv No.’ will be
captured in eForms for use in future enhancements.
eFormsPurchase Order, Payables and Budget
• Signatures and Footnote Section– Minor modifications to textual comments to reflect new
Tax Exempt Certificate number and other minor textual changes
– Comments will be applicable to the specific form
eFormsPurchase Order, Payables and Budget
eForms Flow
Projects
eForms
GeneralLedger
AccountsPayable
Non-Grant Reports
• View of assets and liabilities• “Account Balance” reflects balance
available
• View of revenues and expenses for the fiscal year
• Similar layout to FRS month end transaction detail
• Similar view to FRS open commitment listing
Purchasing
A new Purchase Order form is being developed in eForms
to differentiate from Payables document
to reflect the new multi-segment FIS account structure.
New capability to commit funds in the system regardless of bid requirements
Year-end encumbrance process (DA-118) will be handled through eForms (using multi-segment account)
Purchasing
Purchasing Policies as reflected in PPM 6310 will not change
Procedures concerning BPC, Real Estate Leases, Contract Cover sheets, etc. remain the same.
Purchase Requisitions will continue to be submitted following current procedures using eForms
Fixed Assets
• Changes– The physical appearance of the reports will
change– Departments will have on-line inquiry access
to their fixed asset records
Fixed Assets
• Policies will remain the same– PPM 6510, Property Inventory, still applies
• Disposition, transfer and gifting of property procedures are unchanged
• Capitalization thresholds are unchanged• Departmental inventory records for items not
meeting the University’s capitalization threshold are still required
Fixed Assets• Procedures will remain the same
– Monthly inventory reports will continue to be sent to departments showing the capital expenditures made during the month
– Departments will need to continue to supply the additional information regarding the asset purchased, sign and return the report to the Controller’s Office
– Property number system will continue to be available for departments to assign their own property numbers
Fixed Assets
• Procedures (Cont’d) – Continue to centrally update the Fixed Asset
system and return a report to the department of the month’s additions.
– Departments will need to continue to do an annual physical inventory and certification as of December 31.
Grants
Grants Accounting Module
• This module is dependent on the Projects Module for much of the functionality- Each award established in the grants module
will also have at least one project number assigned
- Some awards may have multiple project numbers
- i.e. awards that have multiple subawards
Grants 1
Grants Accounting Module
• Grant budgets are established through the Projects module, not in the General Ledger module– The total award amount (budget) may be
funded via one project number, or multiple project numbers
Grants 2
Grants Accounting Module
• All award/project accounts will be set up in the system by the Sponsored Projects Accounting (SPA) office– Six-digit Award numbers will be assigned by SPA– Colleges/departments may determine the last six-
digits of the 10-digit project number. For initial conversion, current FRS numbers will be used for the last six digits
– When applicable, additional project numbers for subawards, etc. will be determined by SPA.
Grants 3
Grants Accounting Module
• Examples of Project/Award combinations:– Initial conversion:
• Current FRS 530706 will consist of both a Project Number and an Award Number– Project number: GOPY530706
» last six digits are the current FRS account number– Award number: 000001
– A crosswalk from FRS numbers to FIS Project/ Award numbers will be provided for users
Grants Accounting Module• Examples of Project/Award combinations:
– After conversion:• Project number: GOPYSREB01
– last six digits are determined by the department or college. Here they include a combination of letters (from the P.I.’s name) and numbers to create a unique number
• Award number: 000002– Project numbers and award numbers cannot be re-
used once the award has ended and is closed
Grants Accounting Module
• Basic business processes for invoicing and for preparing financial reports will remain essentially the same from the college/department perspective.
• Custom reports and views are being developed for grants accounting similar to those shown for non-grant accounts.
• Users may also use the Award Status Inquiry option available in FIS for viewing the award online
Grants 4
Grants Accounting Module• The Award Status Inquiry view allows for easy viewing of various
award details
Grants Accounting Module
The Award Inquiry button takes you to a view of basic award information such as titles, dates, sponsor name
Grants Accounting Module
•Both the Project Funding button and the Funding Summary button will take you to a view of project number(s) and funding information
Grants Accounting Module
Grants 9
Project Funding: An award with multiple project numbers:
Grants Accounting Module
Grants 10
Funding Summary of the same award:
Grants Accounting Module
Grants 11
Funding Summary: an award with one project number
• Start, End, and Close Dates are used by the system to control what expenditures may be posted to the award. – Expenditures dated after the End Date (or before the
Start Date) will not post to the award– NO expenditures will post to the award after the Close
Date. To comply with federal guidelines, this date should be 90 days after the end date.
Grants 6
Grants Accounting Module
• The Resource Status button allows you to view budget details– The budget categories or “resources” are the same as
those currently used in FRS
Grants 12
Grants Accounting Module
Grants 13
Resource Status for an award with one project number:
Grants Accounting Module
• The Actuals button allows you to view expenditures posted to the award
• You can choose to limit the view by designating one or a combination of– A range of expenditure dates– An organization – An expenditure type
Grants 14
Grants 15
Actuals for an award with one project number
Grants Accounting Module
• The Invoice Review button allows you to see a list of invoices sent to the sponsor. Details such as amount, sponsor name and bill-through date are available
Grants 16
Grants Accounting Module
Grants 17
An Invoice Lines button allows you to view the invoiced amounts by resource (budget pool) categories
Grants Accounting Module
Grants 18
Invoice lines by resource (budget pool):
Training• Overview
– January through February • Hands-On
– March through June– Required prior to getting system access
• Continual Training– Refresher, new employee– New functionality
• On-Line Sign up via ITAC web site
Laser Web Site:
http://laser.k-state.edu
Newsletter:
http://laser.k-state.edu/newsletter/home.htm
Email address for questions:
laser@ksu.edu
ITAC Web Site for Class Enrollment: http://main.itac.ksu.edu/training/calendar.htm
Website and Email Addresses
Now switching gears
Dealing with Change
What might the elements of the parable (metaphor) represent?
The maze? The cheese? The characters?
Dealing with Change
What attitudes or beliefs about change did each of the characters hold?
Dealing with Change
Which of the four characters do you identify with? Why?
HEM
HAW
SCURRY SNIFF
Dealing with Change
Are people typically proactive or reactive to change?
Dealing with Change
Do you feel that you can adapt to these latest changes? What do you need to be more comfortable?
Dealing with Change
“Most change—whether you realize it at the time or not—leads to something better.”
-Spencer Johnson, M.D., author
Dealing with Change
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