What's New in the Kuali Financial System (KFS) and FIS Decision Support (DS)?
2013 Release Updates
Note: This page provides a summary of enhancements/upgrades to the Kuali Financial System (KFS) and FIS Decision Support (DS). Visit the Service Request Release Summary page for a complete list of all service requests. Enter the desired date range and select Kuali Financial System as the Application.
Please visit the KFS Open Items page for a list of the major outstanding items in KFS at this time.
For a list of updates for the entire Kuali Project, please visit the KFS Updates page.
For a list of past KFS updates, click here. For a list of past FIS DS updates, click here.
- 05/23/13 -
- Decision Support: New Report - Account Activity Summary (348)
- 04/25/13 -
- KFS Enhancement: Changes to General Error Correction and Distribution of Income and Expense documents
- 04/15/13 -
- Decision Support: Database Upgrade
- 01/31/13 -
- Decision Support: New Report - Summary Sources and Uses of Funds (349)
Decision Support: New Report - Account Activity Summary (348)
A new report in FIS Decision Support (DS) is now available. Account Activity Summary (348) can assist campus in more effectively monitoring gift and endowment funds. This new report, which can be run by multiple criteria including Organization and Sub Fund Group, and returned in browser or spreadsheet format, provides a snapshot of the financial activity which has occurred on an account/fund. Year-to-date budget, expenses, and balance are provided for each account returned by the query, with the expenses summarized by Object Consolidation. Included in the report are the restriction, purpose, and location codes for Regents’ endowments and the gift purpose for current use gifts and Foundation endowments. Hovering over the Fund Name or Account Name will show the Fund Purpose or Account Purpose, respectively.
The intent of this report is to provide a tool whereby all gift and endowment accounts held by a unit can be viewed in one place. The report can be used to track spending and to determine the appropriateness of expenses as related to the gift/endowment purpose.
Although created with gift and endowment stewardship in mind, you may find this report helpful to use for any Sub Fund Group.
Changes to General Error Correction and Distribution of Income and Expense documents
Enhancements have been made to the General Error Correction document and business rules changed on the Distribution of Income and Expense documents to ensure that financial transactions are correct and compliant with policy. See the informational page to learn all about the enhancements and new functionality.
Decision Support Upgrade
The FIS Decision Support (DS) database has been upgraded, and we are pleased to announce that report search and retrieval times should be noticeably faster in most instances.
Decision Support: New Report - Summary Sources and Uses of Funds (349)
The Summary Sources and Uses of Funds (349) query is designed to assist Dean's Offices and other management organizations in reviewing their summary financial activity by major fund sources.
The resulting report is a fiscal year-to-date summary of the sources of funds and how the funds were used/spent. It also provides a breakdown between budget carryforward balances, base budgets posted at the beginning of the fiscal year (July) and any current budget adjustments for each funding source.
Learn all about this new report on the DS Help page.
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