KFS Fiscal Officer Delegations
Expertise on sponsored, financial management and budget issues often resides outside of an FTC/BSC and may therefore require delegation of authority outside of an FTC/BSC, carrying with it the administrative burden of maintaining “delegations” within the KFS application. We call this “Extended” delegation. To reduce the administrative burden of maintaining “delegations” within the application, the [...]
It’s Alive! (in a limited way)
We are proud to announce that the Kuali Financial System is now live in limited production release. The KFS technical and functional teams worked extremely hard over the weekend to stand up and validate the production platform that we’ll be going live with on July 1, 2011. We have reached this point after two successful [...]
It’s a Balancing Act!
Account balances, as we know them today, will no longer exist in the new world of KFS. Instead, balances in KFS will become amounts listed by account AND object code (and sub-account or sub-object, if you so desire). So in any given account, you may have many balances—as many as you have object codes in [...]
“How ya doin’?”
As the project manager for the KFS at Cornell implementation, people curious about the project often stop me while I’m visiting offices around campus. Inevitably, I’m asked a variation of the question, “Sooo, how’s the project going? Are you really going to make the date of July 1, 2011?” As we wind down 2010, I’d [...]
Chart of Accounts Validation Update
Since we began the most recent wave of validating the KFS chart of accounts—using Cornell monthly balances—we’ve heard some positive feedback from many of the units, and dealt with a few issues, too. The biggest problem we encountered is that accounts created since the mapping was first submitted appear to be unassigned. We’re working with [...]
We need Cornell data!
In my last blog post I discussed the work of the KFS Interfaces team. This time around, I’d like to highlight the critical work of the Data Conversion team. If you look at the data in the KFS Test Drive, which is what the system is delivered with out of the box, you’ll see it [...]
Working in KFS to validate the new chart of accounts
Work on the new chart of accounts is miles ahead of where we were when I first introduced orgs here back in April, and we’re striking out into the next big phase. Soon we’ll start the work of validating orgs and accounts using an early version of KFS called the pre-production instance (PPI), comparing the [...]
Using our Re-imagination
We are all hearing about this being a “new era” for Cornell, that it is no longer “business as usual,” and that we need to position ourselves for the future. Are we talking about Reimagining Cornell or the implementation of KFS? In my opinion, it’s both! It means that implementing our new financial system is [...]
What? Too soon?
The KFS Implementation Communications team has been working hard to keep you in touch with the latest on the KFS at Cornell project. During year one of the implementation, we built a website that includes a project overview, discussion of the KFS chart of accounts, milestones and strategies, events calendar, frequently asked questions, video presentations, [...]
KFS, “Tear down that wall!”
As I’m sure you know, we currently have separate accounting divisions for endowed and contract colleges. The separation was necessary because of reporting needs, but it causes issues in Cornell organizations that have both endowed and contract accounts. In the KFS Chart of Accounts module, there is an account attribute (Account Type) that allows us [...]
keep looking »
Recent Comments