Business Matters

On September 18, the P2P Improvements team will be rolling out new functionality and improvements to the University.

In response to campus feedback and resource constraints due to other projects, the Financial System Enhancements (FSE) Steering Committee has decided to move the launch of the FSE projects to December 2017.

FY17 Fund Balance Key Dates

• August 22: Fund balance templates from planning units were due
• Late September: Responsibility Center Fund Balances will be loaded
• Pending Review: Administrative and Academic Support Unit Fund Balance Requests

FY18 Budget

The FY18 Budget has been loaded and

The P2P Improvements team has been working to put the final touches on the improvements communicated in an August Business Matter’s article . The rollout of new functionality on September 18 will include the changes detailed below.

Each month, a feature of the Financial System Enhancements will be highlighted to help prepare for the upcoming changes.

The Financial System Enhancements (FSE) project represents a combination of initiatives that will be available in November 2017 and includes the Chart of Accounts Redesign (COA), a new Financial Approvers tool and the new Oracle Grants Accounting Module, and supported by enhanced reporting capabilities within Oracle Business Intelligence (OB

FY17 Fund Balance Dates

July 2: Preliminary templates provided to planning units following second close

August 8: Final templates will be provided to planning units following third close

August 22: Templates are due

FY18 Budget

The Budget Office uploaded FY18 budgets by August 1

As we work to put the final touches on P2P changes, we want to ensure that everything works as designed and delivers the improvements we communicated to you in last month’s Compass article. Over the course of the last week, it has become apparent that not everything would be ready in time to go live with the changes on August 7.