Kansas smart statewide management accounting and reporting tool workflow for general ledger
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Kansas SMART (Statewide Management, Accounting, and Reporting Tool) Workflow for General Ledger. Meeting Agenda. Objectives Process Definitions Journal Creation and Approval Assumptions Roles Frequently Asked Questions Agency Considerations Questions. Team Introductions.

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Kansas SMART (Statewide Management, Accounting, and Reporting Tool) Workflow for General Ledger

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Kansas smart statewide management accounting and reporting tool workflow for general ledger

Kansas SMART

(Statewide Management, Accounting, and Reporting Tool)

Workflow for General Ledger


Meeting agenda

Meeting Agenda

Objectives

Process Definitions

Journal Creation and Approval

Assumptions

Roles

Frequently Asked Questions

Agency Considerations

Questions


Team introductions

Team Introductions

  • General Ledger Team

  • Brett Bauer – State Lead

  • Lisa Becker – State Team

  • Marie Winter-Zima – State Team

  • Ismael Garcia – Accenture Lead

  • Michael Sutanto – Accenture Team

  • Contact Email: [email protected]


Kansas smart statewide management accounting and reporting tool workflow for general ledger

Objectives

  • Participants will understand the workflow for General Ledger approval.

  • Enable agencies to be able to decide what approver roles your agency will need in SMART.

  • Identify who in your agency will be in these roles.

4


Kansas smart statewide management accounting and reporting tool workflow for general ledger

Why am I Involved?

  • Provide expertise and experience

  • Represent your agency

  • Identify any issues/concerns

  • Document your current Process and how the new process will fit in with your current business requirements

  • Prepare for the Role Mapping activity for your agency in the near future


Process definition creating a journal entry

Process Definition: Creating a Journal Entry

Creating a Journal Entry is the process of recording a balanced accounting entry with one or more debits and credits to record a transaction.

The total of the debits must equal the total of the credits or the entry will fail edit check.


Process definition approving a journal entry

Process Definition: Approving a Journal Entry

  • Approving a Journal Entry is defined as the process of evaluating that the journal entry is correct and approving the transaction.

  • Following the approval and systematic checks, the journal will post to the appropriate ledgers.


Process definition workflow

Process Definition: Workflow

  • Workflow governs the journal entry approval (and denial) process. Essentially, workflow is used to facilitate the process wherein a journal entry is routed from a Processor to Approver for review and ultimately approval.

  • A Processor submits a journal entry into workflow and the workflow routing ruleswill direct the journal entry to the appropriate approver/approvers.


Process definition routing rules

Process Definition: Routing Rules

  • Routing Rules guide the journal through the approval process.

  • The rules for General Ledger will guide the journal from the Processor to the various Kansas GL Approvers for Level 1, Level 2, and Level 3.

    • The Kansas GL Approver could be a pool of individuals.

  • If the agency only has one GL Approver, the system will show the Approver as Kansas GL Approver – Level 3.

  • Kansas GL Approvers can either approve, deny, or recycle the journal.


Approvers options

Approvers Options:

  • Approve the Journal – continues processing of the journal by sending journal to the next approver level.

  • Deny the Journal – ends the processing of the journal. A denial email is sent to the processor. The journal will have to be fixed by the processor, edited, budget checked, and submitted for approval once again.

  • Recycle the Journal – sends the journal entry to the previous approver.

    • For example, Approver 1 looks at the journal and approves it. Approver 2 looks at the journal, makes some changes but wants approver 1 to approve it again. When approver 2 recycles the journal, it will send the journal back to approver 1 for further review and to approve again.


When should i use a general ledger journal

When should I use a General Ledger Journal?

  • Mass Corrections (such as a large summary correction of payroll)

  • Reclassification entries

  • Adjusting journal entries

  • Record statistics


As is business process flow creating a journal entry

As-Is Business Process Flow:Creating a Journal Entry

NOTEApproval sub-process detailed on following slide.

A&R corrects in STARS

JV interfaced from SOKI to STARS

STARS

Edit and Budget Check

SOKI checks for errors

JV entered into SOKI

Start

?

Errors?

Agency approval

A&R contacts the agency

A&R approval

Yes

No

End


As is business process flow approving a journal entry sub process

As-Is Business Process Flow: Approving a Journal Entry (Sub-Process)

A&R audits the JV

Agencyapproves and releases the JV to A&R

A&R corrects JV in SOKI

A&R releases the JV to STARS

No

Start

Yes

?

Edits to be made?

A&R Approves

A&R contacts the agency to make edits

End


To be business process flow creating a journal entry

To-Be Business Process Flow:Creating a Journal Entry

SMART

SMART

SMART

SMART

SMART

GL Processor

submits journals

GL Processor corrects errors

GL Processor enters journals

Journal edit and budget check process

Journal submitted for approval to GL Approver(s)

A

Yes

No

Start

?

Errors?

To Approval Process


To be business process flow approving a journal entry

To-Be Business Process Flow: Approving a Journal Entry

SMART

SMART

SMART

SMART

SMART

NOTE

For “GL Approver X”, X equals Level 1 (if applicable), Level 2 (if applicable), and Level 3.

Journal routed to A&R for audit and approval

GL Approver X reviews journals

GL Approver sends journal back to previous approver

Journals are posted

Journals are routed to GL Processor or previous approver

No

Yes

From Creation Process

End

?

?

?

Approved?

Approved?

Deny or Recycle?

Yes

No

Deny

Recycle

A


Assumptions for general ledger workflow

Assumptions for General Ledger Workflow

  • All G/L journals are subject to workflow.

  • Agencies will have at least one level of approval.

    • There can be a maximum of three approval levels within SMART.

  • An individual can have both Processor and Approver roles.

  • D of A will have one level of approval.

  • Journals will not be marked to post until D of A has approved the journals.

  • Denied Journal Entries will be returned to creator of journal entry not a pool of processors.

  • An approver can update a journal then edit and approve the journal.

  • If a journal is denied, an email will be sent to the journal’s GL Processor.


Roles for general ledger journal entry

Roles for General Ledger Journal Entry

  • Kansas GL Processor

    • The individual who creates the journal entries, edits, and budget checks the journal.

  • Kansas GL Approver – Level 1

    • The first level of agency general ledger approval.

  • Kansas GL Approver – Level 2

    • The second level of agency general ledger approval.

  • Kansas GL Approver – Level 3

    • The third level of agency general ledger approval. (If agency has only one level, the GL Approver 3 will be the only approver.)

  • Central GL Auditor

    • The D of A general ledger approver.

  • Kansas GL Viewer

    • Anyone with security to view the Kansas GL can run certain reports.


Frequently asked questions

Frequently Asked Questions

  • What happens if the GL Approver is gone?

    • A higher level approver can approve the journal. Alternately, a D of A GL Auditor can approve a journal without any agency approval and the journal will be valid and workflow approved.

  • If I am GL Approver 3 and I have an issue, can I return it to the GL Processor?

    • Yes, any approver level can deny a journal and send it back to the entry person.

  • What if I need more than 3 levels of approval?

    • Additional approvals will need to be done outside of the system.

  • If I deny a journal, will it free up budget?

    • No, budget check happens with the Kansas GL Processor.


Key organizational impacts for approving a journal entry

Key Organizational Impacts for Approving a Journal Entry


Agency considerations for approving a journal entry

Agency Considerations for Approving a Journal Entry

Your agency may need to consider the following impacts to your processes / procedures:

  • How many levels of approval does our agency need?

  • Who will perform the approvals?

  • If we need more than 3 levels of approval, who will perform the manual approvals?


Approving journals from various sources

Approving Journals from various sources

  • The Journals which are Journal Generated from sub modules will be pre-approved and allowed to post after generation.

  • Journals created via online, spreadsheet, or flat file import are subject to workflow.

  • Sources of Journals:

    • Online (ONL)

    • Spreadsheet Journal Upload (SPJ)

    • Flat File Journal Interface - INF06 (EXT)


Questions

Questions?


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