Making Purchases on Expired Accounts
There is a business rule in KFS that prohibits users from creating Requisitions (REQ) on expired accounts. While this may present an administrative inconvenience it does provide a mechanism to ensure that project spending, particularly purchasing of supplies, occurs within the period of performance. As a project nears the end of its performance period, it [...]
Invoice Info in Plain English
Get ready to tear down those sticky notes and cheat sheets that you use to keep tabs on invoice statuses. In KFS, statuses for payment requests (remember, in KFS a payment request is an invoice) will be easy to understand: Awaiting Receiving, Awaiting Fiscal Officer Approval, and Awaiting Tax Approval to name a few. No [...]
When is an invoice known as a payment request?
The answer is, when it’s in the Purchasing Accounts Payable module of KFS. A payment request is the e-doc we will use to enter an invoice against a purchase order (PO). This will be confusing at first, because today, we use a payment request for payments not requiring a PO. (In KFS, today’s payment request [...]
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