To Be Workshop Reportouts

1

• To Be Workshop Report-outs

Record to Report March 18, 2004
2

• Record to Report

3

• Chart of Accounts
• See Handout

4
Maintain Enterprise Chartfields
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Online Journal Entry (TR 10 in FLAIR)
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Month/Year End Close Process
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Allocations Process
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Record to Report Confirmed the following

• One book of record no reconciliation between
  Departmental and Central.
• Ability to record budget and track and control
  spending at various levels.
• Financial control improved using PeopleSoft
  effective dating. Effective dating is across
  modules.
• Use business rules to control financial activity.
  Large number of ASPIRE business rules can be set
  at agency level.
• No loss of history - chartfields never deleted
  only inactivated.
• Shared SetID increases the continuity of data for
  uniform reporting.
• Data entered once populates fields across
  modules-Single point of data entry.
• Workflow review and approvals integral part of
  PeopleSoft.

9
Record to Report Issues

• Inter/Intra-unit Transfers
• Journal Entry Batch Uploads
• Full/Modified Accrual
• Certified Forward
• Recording of Payroll
• Interface with LAS/PBS
• Monthly/Yearly Closing Dates
• Allocations
• System Testing (July-Aug)

10

• Record to Report Debrief Wrap-up

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Record to Report Debrief Wrap-up

• Next Steps...
• Gap and Issue Analysis
• Agency Commitment Control Definitions
• Validation of Chartfield Values
• Combination Edits
• Certified Forward Flowchart/Analysis

12

• QA