About KFS and the Kuali Project

The Kuali Financial System (KFS) is a modular financial accounting system that is being developed using the Community Source development model. KFS will be a conversion of the Indiana University’s Financial Information System (FIS) to the web with enhancements identified by the development partners. Over the past couple of years, the $7.2 million Kuali Project was formed and funded by several higher education institutions, including a $2.5 million grant from the Mellon Foundation. KFS will be available under the Educational Community License and can be adopted by colleges and universities without licensing fees.

Development partners in the Kuali project include Arizona, Cornell, Hawaii, Indiana, Michigan State, San Joaquin Delta Community College, NACUBO and r-smart.

The Kuali Project creates software that provides a comprehensive suite of functionality to serve the business needs of all Carnegie Class institutions. Kuali’s modular design includes a base system of Chart of Accounts (COA), General Ledger, Transactions, Reporting, and Workflow. Additional modules that can be implemented include: Accounts Receivable, Budgeting, Purchasing, Accounts Payable, Capital Assets Management, Endowment, Enhanced Decision Support/Reporting, Labor Distribution, Pre- and Post-Award Research Administration, Cash Receipting and Disbursement.

Learn about the benefits of KFS »

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Questions about this site? Contact us at afsweb@ucdavis.edu.