Kuali Financial System (KFS) Update Professional Development Institute January, 2009 - PowerPoint PPT Presentation

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Kuali Financial System (KFS) Update Professional Development Institute January, 2009

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  1. Kuali Financial System (KFS) UpdateProfessional Development InstituteJanuary, 2009 Presenters Troy Fluharty – Financial Systems Services John Hunter – Financial Systems Services Kevin McHenry – Information Systems

  2. Goals • Overview of the Kuali Financial System (KFS) • Timeline • Key Features • Answer your questions

  3. Overview Implementation Date - July 1, 2009 • Replaces Financial Records System (FRS) • Replaces Campus Information System (CIS) (including ABYSS for FY2011) • CIS deactivated: • Created Approved • AFE’s/REQ’s April 30, 2008 May 1, 2008 • IMO’s/WOA’s June 30, 2008 June I close (supplier filled) • JE’s June I close June I close

  4. What is Kuali? • Community Source (by Higher Ed for Higher Ed) • Comprehensive Financial System to meet the needs of colleges and universities • Based on Indiana University’s Financial System

  5. KFS Partners

  6. KFS Release Dates-Release 1 • All modules in Release 1 will be implemented at CSU

  7. KFS Release Dates-Release 2 • Labor Distribution May be implemented at a later date (July 1, 2010 or later) • Contracts & Grants Will not be implemented Kuali Coeus (research system) implemented at a later date • Purchasing/Accounts Payable Implemented at CSU

  8. KFS Release Dates-Release 3 • Budget Construction May be implemented January, 2010 for FY2011 • Accounts Receivable NOT a replacement for ARIES (Banner) May be implemented with Kuali Coeus • Capital Asset Management (Property) Implemented at CSU

  9. KFS Release Dates-Release 3 continued • Effort Reporting May be implemented at a later date (July 1, 2010 or later) • Purchasing/Accounts Payable (Sciquest integration) Implemented at CSU

  10. Changes • What is the Same? • Department numbers – still 4 digits • Object code – still 4 digits, but… • What is Changing? • Chart Code • Account Numbers (7 digits) • GL and SL accounts merge to one account • Object code numbers (revenue & expenses) • Funds become Sub-Funds (and are named)

  11. Terminology Changes • Financial Records SystemKuali Financial System FRS KFS No equivalent FRS code Chart code Subcode Object Code Department Organization Fund Sub-Fund Audit Code Fund Group Code General Ledger (GL) account Account Subsidiary Ledger (SL) account Account

  12. KFS Code Relationships

  13. KFS Features • Web Based • eDocs (Transaction & Maintenance) • Workflow (approvals or FYI) • Business Rules

  14. KFS Main Menu

  15. eDocuments

  16. eDoc Characteristics

  17. eDoc Characteristics • Common tabs on all eDocs • Special Tabs pertinent to that document • Field Lookups • Help • Import transactions to a document • Export lists to Excel (or CSV, XML) • Copy and error correction

  18. eDoc Characteristics-Account • Required Fields (noted with asterisk *) • Chart • Account • Object • Optional Fields • Sub-Account • Sub-Object • Project • Org Ref ID

  19. Technical Issues • Test environment http://kualidevl.is.colostate.edu:8080/kuali-test/portal.jsp • Login with your eName and password Browser – IE6, IE7, Firefox Mozilla • Operating System - Windows XP, Vista, Mac • Java 1.5 or above • No Jinitiator needed • FRS Delphi data warehouse replaced with ODS • Off Campus Users - use VPN

  20. Kuali Financial System Implementation Group (K-FIG) • Sub-committees (6-10 people) have been formed on specific subject matter • Current Sub-committees Chair • Account Create John Hunter • Budget Adjustments (BCR) Angie Nielsen • Cost Share Pam Harrington • Journal Entry processing John Hunter • Sub-Accounts, Sub-Objects Mary Atella/Bev Burton

  21. kuali.colostate.edu • Implementation Issues • Tips • Data Conversion • Accounts • Funds • Subcodes

  22. Sciquest Interface • Demo

  23. More information • Training CSU Kuali Days – May/June, 2009 • Colorado State University http://kuali.colostate.edu/ • Kuali Foundation www.kuali.org • Glossary https://test.kuali.org/confluence/display/KULDOC/KFS+Glossary%2C+Release+2.2

  24. Questions?