Download
slide1 n.
Skip this Video
Loading SlideShow in 5 Seconds..
STATE OF CONNECTICUT Core-CT Project PowerPoint Presentation
Download Presentation
STATE OF CONNECTICUT Core-CT Project

STATE OF CONNECTICUT Core-CT Project

140 Views Download Presentation
Download Presentation

STATE OF CONNECTICUT Core-CT Project

- - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

  1. STATE OF CONNECTICUTCore-CT Project Financials User Group MeetingJanuary/February 2004

  2. AR Topics Transfer Invoices Payment Predictor Items w/ Multiple Accounting Lines Unposting Items & Payments Unpost Direct Journals Grant Transfers GL Topics – Budget vs. Actuals Commitment Control Spreadsheet Journals Agenda Intro to Production Support • Financial Reporting

  3. Accounts Receivable • Transfer Invoices • Payment Predictor • Items with Multiple Accounting Lines • Unposting Items and Payments • Unposting Direct Journals • Grant Transfers

  4. Transfer Invoices 123456 BecomesItem ID #

  5. Transfer Invoices TransferInvoice# 123456

  6. Payment Predictor Detail Report

  7. Payment Predictor Detail Report

  8. Items with Multiple Account Code Distributions

  9. Items with Multiple Account Code Distributions

  10. Items with Multiple Account Code Distributions

  11. Items with Multiple Account Code Distributions

  12. Items with Multiple Account Code Distributions

  13. Items with Multiple Account Code Distributions

  14. Receivable Item and Payment – Did it post to GL?

  15. Receivable Item and Payment – Did it post to GL?

  16. Receivable Item and Payment – Did it post to GL?

  17. Direct Journal Deposits – Did it post to the GL?

  18. Direct Journal Deposits – Did it post to the GL?

  19. Direct Journal Deposits – Did it Post to the Budget Ledger?

  20. Direct Journal Deposits – Did it Post to the Budget Ledger?

  21. Direct Journal Deposits – Did it Post to the Budget Ledger?

  22. When do I Unpost Items ? 32

  23. Unposting Items

  24. Unposting Items

  25. Has Payment Been Applied ? 32

  26. Has Payment Been Applied ? 32

  27. Unpost Payments

  28. Unpost Payments

  29. Unpost Payments

  30. Research Payments

  31. Research Payments

  32. Research Payments

  33. Research Payments

  34. Research Payments

  35. Research Items from Payments

  36. Unpost Items – Entering a Credit

  37. Unpost Items – Entering a Credit

  38. AR Reports http://www.core-ct.state.ct.us/user/finjobaids/docs/ar_reports.doc

  39. Federal Receivables • Authorized by OPM • http://www.osc.state.ct.us/memoarchives2/97memos/memo9751.htm • Based on a Grant Award from a Federal Agency • Required Budgets – KK_APPROP, ALLOT, AGY 1 or 2, PRJ 1, 2 or 3 • Funding – drawdowns to reimburse expenses already incurred • Receivable – for the amount of the drawdown only • Deposit – build a worksheet to apply the payment to the open item

  40. Advance Funded Grants • Awarded directly to the agency • http://www.osc.state.ct.us/memoarchives2/97memos/memo9751.htm • Based on a Grant Award from a Public or Private Agency • Required Budgets – • KK_APPROP, ALLOT, ASSOC_REV • AGY 1 or 2, PRJ 1, 2 or 3 • Funding – drawdowns, check, or EFT in the amount of the grant • Receivable – for the amount of the drawdowns, check, or EFT only • Deposit – build a worksheet to apply the payment to the open item

  41. Grant Transfers • Authorized by OPM • Based on a Grant Award from a Federal Agency • Required Budgets – KK_APPROP, ALLOT, AGY 1 or 2, PRJ 1, 2 or 3 • Funding – B-107 vs. Transfer Invoice (CO-608) • Receivable – for the amount of the installment payment only • Deposit – Payment Predictor vs. Build a Payment Worksheet

  42. Accounts Receivable ANY QUESTIONS?

  43. Downloading the Presentation

  44. Downloading the Presentation

  45. Downloading the Presentation

  46. BREAK

  47. Production Support • Keep Core-CT Up and Running • Provide training to End-Users • Monitor the system for problems – both system and user errors • Implement delayed functionality of Phase 1 modules • Coordinate and disseminate business process decisions