Packet Description. MAGIC Roles
|
|
- Imogene Stewart
- 8 years ago
- Views:
Transcription
1 Business Process Flowchart Fixed Assets Packet Description The Fixed Assets Packet describes how to create and maintain assets in MAGIC. Key components within this package include integration points with Supplier Relationship Management (SRM), asset lifecycle, asset retirements, asset transfers, and the close process. MAGIC Roles The MAGIC Roles used in these flows are: FA - Fixed Assets Property Officer IM - Goods Receipt Processor Non-stock SRM - Manager Purchasing / SRM Approver SRM - Buyer Operational SRM Approver / Manager SRM Requisitioner FA- Asset Disposal Approver FA - OPTFM Approver A description of each role can be found on the MMRS Website. MAGIC Flows The individual MAGIC flows that are included in this packet are: Asset Acquisition to Capitalization Asset Internal Transfer Fixed Asset Disposal Asset Acquisitions without a PO or for Lapse Help or Questions Click here to learn how to read a MAGIC Business Flowchart. If you have a question, please use the MAGIC Feedback webpage to submit your question.
2 Business Process Flowchart Fixed Assets Significant Changes Property Officers will have to collaborate with Purchasing and Accounting within their agency to ensure that the assets are created and reported correctly in the system. Asset master shell records will be created at the beginning of the purchasing process and assigned directly to a purchasing document. Depreciation will be calculated within the system. OSA will no longer approve disposals. DFA/OPTFM will begin approving disposals of certain asset classes. OSA will be able to run required monthly reports and documents related to disposals/additions to OSA. In MAGIC, asset transfers will be changed to financial information. High Level Process Description Every asset has a lifecycle l of four distinct t phases: 1. Acquisition: assets can be purchased from vendors (e.g., laptops), acquired by donations, acquired by confiscation, or through capital projects 2. Capitalization: through goods receipt or asset module transaction, value is added 3. Useful life: assets depreciate during their operational life 4. Retirement: assets that are no longer useful are transferred, sold, or scrapped Chart of Accounts is the group of G/L accounts used to classify revenue, expenses, g p y, p, assets, and liabilities. Every fixed asset has sub-ledger account where depreciation and other costs are posted. Postings to this account result in postings to reconciliation accounts and funding sources responsible
3 SRM Requisitioner Agency Requires an Asset Create Shopping Cart Order shopping cart SRM Approver/ SRM Manager Reject Shopping Cart Approve SRM Buyer Operational No Is SC to be Sourced? Yes Assign Source of Supply (Contract/ Supplier) Create/Edit PO, SOLE or EMER Create Asset Shell or Enter Asset Number Order (Agency decision) May require additional asset approver SRM Manager Purchasing/ SRM Approver Rejected Approved Is Oversight Required? Yes Oversight Rejected No Goods Receipt Processor Non Stock Asset Capitalized Approved Post Goods Receipt MIGO FA- Property Officer Update Asset Master Record If Necessary AS02
4 Asset Internal Transfers Agency Transfer request received. Transfer Complete FA-Property Officer Create Receiving Asset Shell AS01 Transfer Within Company Code ABUMN
5 Fixed Asset Disposal FA-Property Officer Agency needs to dispose of an Asset Create/Submit Worklist AR01 Asset Class Determines Non-Vehicle Vehicle OPTFM Approver Reject Asset Worklist Approve FA-Disposal Approver Reject Asset Worklist NOTE: If FA-Disposal Approver removes an asset from the worklist with the editing function, that asset remains on the agency s inventory. Approve Agency Asset is now inactive
6 Asset Acquisitions without PO or for Lapse Agency discovers prior year asset that has not been tagged Asset is now active. FA-Property Officer Create Asset Record AS01 Post value to asset ABNAN Update asset record AS02 Adjust useful life (if applicable)
Business Process Flowchart. Contract Management. Packet Description. MAGIC Roles. MAGIC Flows
Business Process Flowchart Contract Management Packet Description The Contract Management packet describes the process of creating contracts from a Shopping Cart, RFx, or Contract link. MAGIC Flows The
More informationBusiness Process Flowchart. Accounts Payable. Packet Description. MAGIC Roles. MAGIC Flows. Help or Questions
Business Process Flowchart Accounts Payable Packet Description The Accounts Payable Packet describes how an invoice will be entered in MAGIC and what triggers a vendor payment for goods or services received.
More informationBusiness Process Flowchart. Supplier Management. Packet Description. MAGIC Roles. MAGIC Flows. Help or Questions
Business Process Flowchart Supplier Management Packet Description The Supplier Management Packet describes how to handle errors, updates to attributes and organizational structures, and user account management.
More informationBusiness Process Flowchart. Fleet Management. Packet Description. MAGIC Roles. MAGIC Flows. Help or Questions
Business Process Flowchart Fleet Management Packet Description The Fleet Management Packet describes the State of Mississippi s vehicle master data, VINtelligence interface, functional locations, maintenance
More informationFI118 Umoja Asset Accounting Overview. Umoja Asset Accounting Overview Version 21 1
FI118 Umoja Asset Accounting Overview Umoja Asset Accounting Overview Version 21 Copyright Last Modified: United 22-April-15 Nations 1 Agenda Course Introduction Module 1: Umoja Asset Accounting Module
More informationWelcome to the Central Office Asset Management Course
Monday, February 04, 2013 1 June 20, 2013 1 Welcome to the Central Office Asset Management Course Monday, February 04, 2013 2 June 20, 2013 2 Instructor Instructor Introduction Welcome and Introductions
More informationSRM 7.0 Approver for Shopping Carts. Course Number: TV0012
SRM 7.0 Approver for Shopping Carts Course Number: TV0012 Rev. July 2013 Welcome! Thank you for taking time to complete this course 3 Course Navigation Course Navigation The information in this course
More informationBusiness Process Flowchart
Business Process Flowchart Accounts Receivable Packet Description The Accounts Receivable Packet describes how invoices are created and customer information (other agencies or outside entities) is managed
More informationFIXED ASSET ACCOUNTING AND MANAGEMENT PROCEDURES MANUAL. 1 Purpose. 2 Objectives. 3 Scope. 4 Responsibilities
Section 1 1 Purpose The purpose of this section is to establish organizational responsibilities of City departments and managers for fixed asset management, control, accounting, and record keeping and
More informationSCEIS ACCOUNTS PAYABLE AND AGENCY BLOCKED INVOICE RECONCILER (ZMRBR) (AP330) End User Training Columbia Winter/Spring 2012
SCEIS ACCOUNTS PAYABLE AND AGENCY BLOCKED INVOICE RECONCILER (ZMRBR) (AP330) End User Training Columbia Winter/Spring 2012 Welcome and Introductions Welcome to SCEIS Accounts Payable and Agency Blocked
More informationFIXED ASSET ACCOUNTING AND MANAGEMENT PROCEDURES MANUAL. 1 Purpose. 2 Scope. 3 Responsibilities by Major Asset Category
Section 13 1 Purpose The purpose of this section is to govern the removal of a fixed asset or controlled item from the custodial department s records and to account for the resulting gain or loss. To achieve
More informationLesson 4: Managing Inventory Processes
Lesson 4: Managing Inventory Processes Lesson 4 Learning Objectives Upon completion of this lesson, you should be able to: Identify Key Terms and Concepts of Inventory Understand impact of Open Purchase
More informationCAPITAL ASSET/LONG TERM DEBT ACCOUNTING ENTRY EXAMPLES
NOTE: All items in RED are offsets between the governmental fund and the SWGF 80 or SWGF 90. ADDITIONS: CAPITAL ASSET/LONG TERM DEBT ACCOUNTING ENTRY EXAMPLES CAPITAL ASSET EXAMPLES A vehicle was purchased
More informationUmoja Realisation Workshop Cluster 3
Umoja Realisation Workshop Cluster 3 Nairobi, 24-28 February 2014 3.1.2 UMOJA WORKFLOW MAPPING RELATIONSHIP BETWEEN ROLE AND WORKFLOW ENTERPRISE ROLE WORKFLOW GIVES YOU ACCESS TO CARRY OUT A TRANSACTION
More informationAccounting & Finance. Guidebook
Accounting & Finance Guidebook January 2012 TABLE OF CONTENTS Table of Contents... 2 Preface... 6 Getting Started... 8 Accounting... 10 Accounting Welcome... 10 Sales Quotes... 11 New Sales Quote... 11
More informationBUSINESS PRACTICES FIXED ASSETS INVENTORY
BUSINESS PRACTICES FIXED ASSETS INVENTORY Prepare and maintain inventory listings for all facilities and departments of all fixed assets, such as land, buildings, machinery, equipment, construction in
More informationEnterprise Role to Course Mapping
Enterprise Role to Mapping Modified: 30 November 2015 Table of Contents Introduction... 1 Changes from Previous Versions... 1 Things to Note... 2 CBT Pre-Requisites... 3 Benefits (BN)... 4 BN.01 Benefits
More informationWelcome to the course on accounting for the sales and purchasing processes.
Welcome to the course on accounting for the sales and purchasing processes. 1-1 In this topic, we will cover some general accounting conventions and give examples of the automatic journal entries that
More informationProcure to Pay Process
Procure to Pay Process in SCEIS SCAGPO CONFERENCE 2015 SCEIS Materials Management & Finance Team State of South Carolina. All rights reserved. Procure to Pay Process Demand Supplier Request for Goods/Services
More informationTechnical Note: Understanding the Effects of Cash Flow Category Assignment
Article # 1131 Technical Note: Understanding the Effects of Cash Flow Category Assignment Difficulty Level: Intermediate Level AccountMate User Version(s) Affected: AccountMate 7 for SQL, Express and LAN
More information1 Purpose. 2 Scope. 3 Guidelines
Section 8 1 Purpose The purpose of this section is to establish a procedure for valuing and recording fixed assets and controlled items acquired through donation, confiscation, condemnation, eminent domain,
More informationAccounts Payable and Inventory Management
Accounts Payable and Inventory Management 2013 SedonaOffice Users Conference Presented by: Lisa Gambatese & Laurie Goodrich Table of Contents Accounts Payable G/L Account Defaults (AP) 4 A/P Setup Processing
More informationMaterials Management - Inventory Management
SRM Inventory Requestor Description - The SRM Inventory Requestor will use the SRM shopping cart functionality to reserve material kept in inventory Ability to Request Replenishment of Inventory via SRM
More informationTitle I Equipment and Inventory Control and Tracking Procedures
Title I Equipment and Inventory Control and Tracking Procedures 1 South Carolina Department of Education Office of Federal and State Accountability Title I Equipment Inventory Control and Tracking Procedures
More informationUniform Accounting Network Inventory Manual. Table of Contents. Warranty Maintenance Debt Management Depreciation Disposal
Inventory Manual Uniform Accounting Network Inventory Manual Table of Contents Introduction Parts of the Manual Part 1 Assets Chapter 1 Acquisition Warranty Maintenance Debt Management Depreciation Disposal
More informationFI332 Umoja Asset Accounting Process. Umoja Asset Accounting Process Version 16 1
FI332 Umoja Asset Accounting Process Umoja Asset Accounting Process Version 16 Copyright Last Modified: United 9-Oct-13 Nations 1 Agenda Course Introduction Module 1: Umoja Asset Accounting Review Module
More informationKinghan & Associates Limited Business Questionnaire/2014
Kinghan & Associates Limited Business Questionnaire/2014 Your name and address: IRD Numbers Company and individuals please.... I/We hereby instruct you to prepare my/our Financial Statements and Taxation
More informationThe Income Statement and Statement of Cash Flows
THE STATEMENT OF CASH FLOWS Purpose of the Statement of Cash Flows The purpose of the statement of cash flows is to identify the sources and uses of cash and the change in cash from the beginning to the
More informationThe Consultant s Guide to SAP SRM
Padma Prasad Munirathinam, Ramakrishna Potluri The Consultant s Guide to SAP SRM Bonn Boston Contents at a Glance 1 Supplier Relationship Management... 29 2 An Overview of SAP Supplier Relationship Management
More informationUnderstanding Oracle Application s Multi-Org Structure
Understanding Oracle Application s Multi-Org Structure Multi-Org Overview Before Multi-Org structure was introduced, each unique Operating Unit or business unit required a separate Oracle instance. One-to-many
More informationFounded in 1993 OSI has grown to become a leading technology consulting and services firm with over 450 professionals both from US and India
R12 Period CloseProcess Chitti, OSIConsulting, Chairperson, India OAUG About OSI Founded in 1993 OSI has grown to become a leading technology consulting and services firm with over 450 professionals both
More informationSAP SRM Common Issues, Definitions, and Process Flow.
SAP SRM Common Issues, Definitions, and Process Flow. Title: SAP Portal Business Process Structure/Role: SRM-Basic End-User The Procurement Process Step One: Before You Begin Check for Available Funds
More informationBookkeeping Proficiency
Bookkeeping Proficiency (Exam) Your AccountingCoach PRO membership includes lifetime access to all of our materials. Take a quick tour by visiting www.accountingcoach.com/quicktour. Table of Contents (click
More informationFIXED ASSET ACCOUNTING POLICY
FIXED ASSET ACCOUNTING POLICY OBJECTIVES Establishing and maintaining a fixed asset accounting system is an important task to all governmental agencies. An adequate fixed asset accounting system allows
More informationFI115 Umoja Accounts Receivable Overview. Umoja Accounts Receivable Overview Version 12 1
FI115 Umoja Accounts Receivable Overview Umoja Accounts Receivable Overview Version 12 Copyright Last Modified: United 14-August-13 Nations 1 Agenda Course Introduction Module 1: Introduction to Accounts
More informationADMINISTRATIVE PROCEDURE
Categories of Fixed Assets 1. Land -Land as well as the costs incurred in preparing the land for its intended purpose. These costs include, but are not limited to, purchase costs, real estate commissions,
More informationTitle/task or Concept: Accounting System Settings Miscellaneous Settings
Title/task or Concept: ing System Settings Miscellaneous Settings Module: ing Audience: In order to perform this task the student should be have a basic knowledge in ing as well as Parts, Service and Unit
More informationCOMPONENTS OF THE STATEMENT OF CASH FLOWS
ILLUSTRATION 24-1 OPERATING, INVESTING, AND FINANCING ACTIVITIES COMPONENTS OF THE STATEMENT OF CASH FLOWS CASH FLOWS FROM OPERATING ACTIVITIES + Sales and Service Revenue Received Cost of Sales Paid Selling
More informationManagement of Assets Procedure
Management of Assets Procedure Contents 1 Introduction... 3 2 Fixed Assets Register... 3 3 Inventory Registers... 3 4 Capital Asset Purchase... 7 5 Asset Physical Verification... 7 6 Asset Disposal...
More informationCapital Assets / Construction in Progress Internal Audit
Capital Assets / Construction in Progress Internal Audit March 2014 Bernalillo County Internal Audit Capital Assets / Construction in Progress Executive Summary SUMMARY OF PROCEDURES REDW performed an
More informationIDAHO STATE UNIVERSITY POLICIES AND PROCEDURES (ISUPP) Physical Inventory and Control of University Property Policy #2360
IDAHO STATE UNIVERSITY POLICIES AND PROCEDURES (ISUPP) Physical Inventory and Control of University Property Policy #2360 POLICY INFORMATION Major Functional Area (MFA): Finance and Administration Policy
More informationWorkshop Presentation PRO 08 Self Service Procurement Shopping Cart
Workshop Presentation PRO 08 Self Service Procurement Shopping Cart November 08, 2011 Department of Finance and Administration Office of the Mississippi Management and Reporting System 1/12/2012 1 1. Workshop
More informationFIXED ASSET CAPITALIZATION POLICY
FIXED ASSET CAPITALIZATION POLICY I. Who is responsible II. IV. Fixed Assets A. Definition B. Acquiring Fixed Assets C. Receiving Fixed Assets D. Adjustmens of Fixed Assets E. Temp Loans F. Repairs Inventory
More informationSC121 Umoja Contractor & Consultant Services Overview. Umoja Contractor & Consultant Services Overview Version 7
SC121 Umoja Contractor & Consultant Services Overview Umoja Contractor & Consultant Services Overview Version 7 Last Copyright Modified: United 14-August-13 Nations 1 Agenda Course Introduction Module
More informationB Resource Guide: Implementing Financial Controls
What s in this Guide: I. Definition: What are Financial Controls? II. Why Do You Need Financial Controls? III. Best Practices: Financial Controls to Consider I. Definition: What are Financial Controls?
More informationPROPERTY, PLANT & EQUIPMENT (ACQUISITIONS & DISPOSALS) UNSW Accounting Procedure
PROPERTY, PLANT & EQUIPMENT (ACQUISITIONS & DISPOSALS) UNSW Accounting Procedure Linked UNSW Policy Responsible Officer Director, Corporate Finance & Advisory Services Contact Officer Senior Manager, Capital
More informationBDO Consulting. Segregation of Duties Checklist
BDO Consulting Segregation of Duties Checklist August 2009 BDO Consulting s Fraud Prevention practice is pleased to present the 2009 Segregation of Duties Checklist. We have developed this tool to assist
More informationDISPOSAL OF MOVEABLE CAPITAL EQUIPMENT
DISPOSAL OF MOVEABLE CAPITAL EQUIPMENT Policy Statement This policy is intended to provide assistance in determining the proper accounting for moveable equipment (also referred to as capital equipment)
More informationAccounts Payable. Reference Guide
Accounts Payable Reference Guide Last Updated: January 19, 2009 About this Guide This Guide is for use by SedonaOffice customers only. This guide is not meant to serve as an operating or training manual,
More informationTATE COUNTY SCHOOL DISTRICT FIXED ASSET REPORTING TABLE OF CONTENTS BOARD POLICY FIXED ASSET ACCOUNTABILITY ASSET FORM A ASSET REPORTING FORM
TATE COUNTY SCHOOL DISTRICT FIXED ASSET REPORTING TABLE OF CONTENTS INTRODUCTION BOARD POLICY FIXED ASSET ACCOUNTABILITY FORM INSTRUCTIONS ASSET FORM A ASSET REPORTING FORM ASSET FORM B ASSET TRANSFER
More informationPeopleSoft Financials Asset Management Users Guide
PeopleSoft Financials Asset Management Users Guide Asset Management Explained... 3 Tagging an Asset... 3 How to Determine What is an Asset... 4 Requisition Asset Information Entry... 5 Receiving Asset
More informationACCOUNT DETERMINATION IN SAP BUSINESS ONE
ACCOUNT DETERMINATION IN SAP BUSINESS ONE Version 2014-03-19 Gerhard Grenacher David Emmenegger coresystems ag Villa im Park, Dorfstrasse 69 5210 Windisch Switzerland T +41 (0) 56 500 22 22 E info@coresystems.ch
More informationMODULE 2: FIXED ASSET TRANSACTIONS. Module Overview. Objectives
MODULE 2: FIXED ASSET TRANSACTIONS Module Overview This module, "Fixed Asset Transactions," describes the transaction types available in Microsoft Dynamics NAV 2013 Fixed Assets. All Fixed Asset (FA) transactions
More informationStatement of Cash Flows
THE CONTENT AND VALUE OF THE STATEMENT OF CASH FLOWS The cash flow statement reconciles beginning and ending cash by presenting the cash receipts and cash disbursements of an enterprise for an accounting
More informationInventory Management Reports
Inventory Management s Inventory Management s Crosswalk ame R/3 Item Order/PO Status T-Code or ME2M List of IM purchase orders and their status R/3 Reorder Point /A Using SE16n to produce list of reorder
More informationSAP Best Practices for Insurance Baseline Business Processes
SAP Best Practices for Insurance Baseline Business Processes SAP Best Practices for Insurance Baseline Accounting Enablement for Insurance Operations This 30-day trial offers you a complete, live, hands-on
More informationCreate Space Rental Requisition Lease In Process. Overview The steps within the Lease In process are shown in the below schema:
Create Space Rental Requisition Lease In Process Overview The steps within the Lease In process are shown in the below schema: The process can be described with the following main sub-processes If no contract
More informationSection A: Questions On Fill In The Blanks
Section A : 26 FILL IN THE BLANK Section B : 10 TRUE OR FALSE QUESTIONS Section C : 11 Multiple Choice Questions Section A: Questions Fill In The Blanks the right column please insert the items from which
More informationUsing T Accounts to post journal entries
Using T Accounts to post journal entries Debits Credits This is a T account which is used to analyze posting of double entry accounting Both the right hand column T and the left must have equal totals.
More informationSRTC Procedure: Asset Management
SRTC Procedure: Asset Management General The State Board of the Technical College System of Georgia (SBTCSG) Policy II.C.9. Inventory Management requires that technical colleges shall maintain accurate
More informationFIXED ASSET GUIDELINES
2010 FIXED ASSET GUIDELINES ISSUED APRIL 2010 Table of Contents 1.0 INTRODUCTION... 1 2.0 DEFINITIONS... 1 3.0 DEFINING FIXED ASSETS... 2 3.1 Explanation of what constitutes a MUN fixed asset.... 2 3.2
More informationChecklist - Monthly Close Process
Checklist - Monthly Close Process Introductuion: This document should be used as a general guide to creating a monthly financial close process checklist, however, it does not address all activities that
More informationFIXED ASSETS PROCEDURES
SECTION XI - INVENTORY / FIXED ASSETS FIXED ASSETS PROCEDURES WHO IS RESPONSIBLE? A. Building principals and department managers are accountable for assets/equipment within their immediate area of responsibility.
More informationFixed Assets Process Guide
Fixed Assets Process Guide SAP (& SUN) This Guide represents current processes about how the Fixed Asset Process will be operated. This guide has been produced in consultation with FABS, Internal Audit
More informationPROPERTY AND EQUIPMENT
PROPERTY AND EQUIPMENT Policy: Purchases or acquisitions of property, plant, and equipment shall be properly authorized and accurate records shall be maintained for cost/ acquisition value and accumulated
More informationuser : lausd password: training1 SC0100 Shopping Cart for Requestors
user : lausd password: training1 SC0100 Shopping Cart for Requestors 2013 / 2014 TABLE OF CONTENTS SAP TRAINING PORTAL LINK... 3 SUMMARY OF TRANSACTIONS COVERED... 3 EXERCISE 1 CREATE SHOPPING CART USING
More informationCAM Requisitions, Location change, Loans, Surplus and Gifts A Procedural Guide for CAM functions Kuali Implementation Team
CAM Requisitions, Location change, Loans, Surplus and Gifts A Procedural Guide for CAM functions Kuali Implementation Team 2012 Table of Contents CAM Function/ Process Page Equipment Object Codes 3 Tag
More informationwww.pwc.com/oracle Next presentation starting soon Oracle Asset Tracking in Datacenter Environment
www.pwc.com/oracle Next presentation starting soon Oracle Asset Tracking in Datacenter Environment Agenda Business Goal and Benefits Business value of Oracle Asset Tracking System Architecture & Key Solution
More informationManagement of Assets Policy
CREST Management of Assets Policy Version No: Reason for Update Date of Update Updated By 1 Policy introduced April 2012 Finance Office 2 Review incorporates IT Security Internal Audit review February
More information<Insert Picture Here> PeopleSoft Financial Management Solutions 9.1 and Roadmap into Release 9.2
PeopleSoft Financial Management Solutions 9.1 and Roadmap into Release 9.2 Tom Vassallo Oracle Application Consulting The following is intended to outline our general product direction.
More informationMD AOC Project Introduction to PeopleSoft. PeopleSoft Asset Management (AM) Session
MD AOC Project Introduction to PeopleSoft PeopleSoft Asset Management (AM) Session Agenda Introduction Session Objectives PeopleSoft Overview Key Features & Concepts Business Processes A Look at PeopleSoft
More informationSAN FRANCISCO COMMUNITY COLLEGE DISTRICT ADMINISTRATIVE PROCEDURES MANUAL
1 of 6 A. Property Accounting All District Property shall be accounted for through the use of appropriate records and inventory procedures. Deeds shall be properly recorded and safeguarded. All equipment
More informationCONTENT Page 1. Introduction. Purpose of the Purchasing Department 2-3
Purchasing Manual Introduction CONTENT Page 1 Purpose of the Purchasing Department Purchase Orders a. Processing of Purchase Requisition b. Processing of Purchase Orders c. Distribution of Purchase Orders
More informationSAMPLE ACCOUNTS PAYABLE. Policies & Procedures FOR. Version Edited By Edited Dates Comments 1.0 Irene Bushnell November 2015 Baseline
ACCOUNTS PAYABLE Policies & Procedures FOR Version Edited By Edited Dates Comments 1.0 Irene Bushnell November 2015 Baseline Intacct AP Policies & Procedures October 2015 2015 Synergy Business Solutions.
More informationTechnology Asset Inventory Policies and Procedures
Technology Asset Inventory Policies and Procedures Table of Contents Technology Asset Accounting... 2 Introduction... 2 Technology Asset Tracking... 3 Roles and Responsibilities... 3 Technology Asset Acquisition...
More informationQuickBooks Interface for Almyta Control System Contents
QuickBooks Interface for Almyta Control System Contents QuickBooks Interface for Almyta Control System... 1 Introduction... 2 Configuring the Interface... 4 Account Description... 6 Export Receipts and
More informationProposal for Accounting Services (Sample)
Proposal for Accounting Services (Sample) Benefits of LTP Accounting Current operation resources can focus on core responsibilities. Improved accounting controls and reporting Use of the leading on-demand
More informationQuality Inspection-Reports
Quality Inspection-Reports There are various Icons available in Quality Inspection Module which is as Group 1 : Data updation Doing Inward QC (( Explained in a separate manual )) Doing Outward QC (( Explained
More informationCITY OF PORT ST LUCIE FINANCIAL POLICY CAPITAL ASSETS
CITY OF PORT ST LUCIE FINANCIAL POLICY CAPITAL ASSETS I. PURPOSE To provide effective guidelines for the recording, tracking, capitalizing, and safeguarding of the City's Capital assets. II. POLICY In
More informationinoerp Accounts Payable Process Flows inoerp
Flows inoerp 10/29/2015 1 Serial # Flow Description 1 Overall Procure To Pay 2 Procure To Pay for Item 3 Procure To Pay for Non Item 4, Credit Memo & Debit Memo for (with Purchase Order) 5, Credit Memo
More informationHITE-CT. SUBJECT: FIXED ASSET CONTROLS Reviewed by: Finance Committee Revised by: Approved by: HITE-CT Board of Directors
HITE-CT SUBJECT: FIXED ASSET CONTROLS Reviewed by: Finance Committee Revised by: Approved by: HITE-CT Board of Directors F208 Effective: 5/21/12 Reviewed: 3/5/12 Revised: 9/03/13 Page 1 of 5 Related to
More informationAccounts Payable. Best Practices: Existing Control: Control Gap: Controls Evaluation and Gap Analysis. Purchasing
Accounts Payable Gap Analysis: POS identifies the following Best Practices as efficient and effective control processes for the above risk. Listed for comparison are the controls currently in place, if
More informationPOLICY AND PROCEDURES
ASPIRE ACADEMY FIXED ASSET POLICY AND PROCEDURES POLICY FIRST ADOPTED AND RATIFIED BY THE TRUST July 2014 POLICY REVIEWED / REVISED November 2015 POLICY TO BE REVIEWED ANNUALLY OR AS REQUIRED Signature:
More informationLeverage Your Financial System to Enable Sarbanes-Oxley Compliance: An Evaluator s Guide
Leverage Your Financial System to Enable Sarbanes-Oxley Compliance: An Evaluator s Guide W H I T E P A P E R Summary This document provides an overview on how financial systems can provide companies with
More informationINTERNAL AUDIT REPORT
INTERNAL AUDIT REPORT OF ASSET MANAGEMENT IN UNOPS AT HEADQUARTERS, COPENHAGEN Final Audit Report No. IAIG/3104 Issue Date: 17 July 2013 Contents I. Executive summary... 2 II. Audit report... 4 1. Audit
More informationUniversity of Hawaii Capital Asset
University of Hawaii Capital Asset Version 3.01 Last Updated: 08/31/2015 Capital Asset Management Page ii Table of Contents Resources... 5 Objectives... 6 Asset Lookup... 7 Process... 7 Exercises... 17
More informationFixed Asset Policy & Procedures. Content
Content 1. Purpose... 3 2. Definitions... 3 3. Responsibility... 3 4. Tagging and Identifying Inventoriable Assets... 4 5. Additions to Fixed Assets... 4 6. Transfer of Assets... 5 7. Disposition of Assets...
More informationPURCHASING IN SAP STEP BY STEP GUIDE PLANNING CREATING AN ORDER AND SPECIFIC STEPS FOR DESCRIBE REQUIREMENT. for
PURCHASING IN SAP STEP BY STEP GUIDE for PLANNING AND CREATING AN ORDER SPECIFIC STEPS FOR DESCRIBE REQUIREMENT Steps for Purchasing through SAP Ver 2.doc @1103023 Page 2 of 10 Steps for Purchasing through
More informationAssessment Schedule 2013 Accounting: Prepare financial information for an entity that operates accounting subsystems (91176)
NCEA Level 2 Accounting (91176) 2013 Page 1 of 7 Assessment Schedule 2013 Accounting: Prepare financial information for an entity that operates accounting subsystems (91176) Evidence Part A Question One
More informationCapital Asset Management Equipment Loan
Capital Asset Management Equipment Loan Table of Contents Overview... 1 Document Layout... 2 Asset Tab... 3 Equipment Loans Tab... 4 Borrower's Address Tab... 5 Routing... 5 Overview The Equipment Loan/Return
More informationCollin County Community College District Business Administrative Services Procedures Manual Section 8 Capital Assets
Revision Log: Collin County Community College District Business Administrative Services Procedures Manual Section 8 Capital Assets Sub Section Revision Date Summary of Change 8.1 Introduction The District
More informationE. Custodian - the Vice President for Administrative Services and Finance or designee.
Florida Gulf Coast University Policy Manual TITLE: Tangible Personal Property Policy Policy: 3.033 Approved: 1/13/12 Responsible Executive: Vice President for Administrative Services and Finance Responsible
More informationRepairing Your Accounting System
Repairing Your Accounting System Who is this paper for? This paper is for companies that have been using DBA Next-Generation for some time, but have struggled up to now with getting the accounting system
More informationAP and AR Corrections Handout
AP and AR Corrections Handout 11.0 Reversal and Correction Entries 11.1 Overview The standard method to reverse and correct posted entries is to use Reverse Posted Document. This ensures that the audit
More informationWelcome to the fixed assets topic. 6-2-1
Welcome to the fixed assets topic. 6-2-1 After completing this topic, you will be able to: Explain the process of managing fixed asset items. Recognize key terms in the Fixed Assets solution. Identify
More informationOverview of Procure to Pay
This segment from our 427+ page JD Edwards Accounts Payable manual is being made available as a sample of our training manuals. Please contact Sandy.Acker@ERPtips.com if you have any JDE training needs,
More informationBW Reporting Rev. December, 2013
BW Reporting 0 Rev. December, 2013 1 Logistics Course Length Breaks Restrooms Cell Phone Etiquette Emergency Evacuation Procedures 2 Course Contents Objectives Course Overview BW Reporting & Exercises
More informationYear End Closing 2013 Procedures for Sage 100 ERP. Martin & Associates
Year End Closing 2013 Procedures for Sage 100 ERP Martin & Associates MENU MAS 90 MAS 200 Order of Closing Order Own Closed Module 1 System Wide Backup 2 B/M Bill of materials 3 W/o Work order processing
More informationState of South Carolina Policy for Use of Purchasing/Payment Document Type
Date Issued 2/25/2014 Date Effective 7/1/2013 Purpose The purpose of this policy is to standardize agency use of all purchasing or payment document types for all transactions processed for payment, including
More informationBUSINESS BOOKS. Accounting SIXTH EDITION. Peter J. Eisen Assistant Principal Retired Accounting & Business Practice N.YC. Department of Education
BUSINESS BOOKS Accounting SIXTH EDITION Peter J. Eisen Assistant Principal Retired Accounting & Business Practice N.YC. Department of Education BARRON'S CONTENTS Preface ix 1 THE ACCOUNTING EQUATION I
More information