Category

Description

Transactions

Allows the financial representation of a basic business activity. Transactions are recorded in e-docs or journals that are then posted to the General Ledger and affect the financial statements of the organization. Examples of transactions are customer invoices, cash receipts and requisitions.

Administrative Transactions

Allows the financial representation of a business activity performed by an administrative or central office. Administrative transactions are like all transactions in that they are recorded in journals or e-docs that are then posted to the General Ledger and affect the financial statements of the organization. Examples of administrative transactions are effort certification recreate, cash management, and journal voucher.

Custom Document Searches

Allows searches for specific types of documents based on attributes of the transactions, primary key data elements, or both. Additional fields, specific to different modules, are available on custom document searches. Examples are customer invoices, Contracts and Grants proposals, and requisitions. Special access may be required to retrieve custom document searches.

Lookup and Maintenance

Allows users to search for documents using specific criteria values and (depending on the user's role) maintain the retrieved documents in a variety of ways.

Balance Inquiries

Allows retrieval of General Ledger balances by account or other criteria or retrieval of labor distribution data in a format that combines the impact of multiple transactions including budgets, pending entries and available balances.

Reports

Allows standard reports to be generated from the KFS. These include customer aging report and trial balance.

Year End Transactions

Allows processing of transactions necessary for year-end closing of the General Ledger. These processes are normally done centrally. Examples of year-end transactions include budget adjustments and transfer of funds.