Florida International University - Office of the Controller Main Web Page
Florida International University Main Web PageOffice of the Controller Main Web Page
Office of Finance & Administration Home PageOffice of the Controller Home PageAbout UsController's Office Organizational ChartDepartmentsNewsFormsIndex
  Home
  About Us
  Organizational Chart
  Departments
News
 
  Forms
  Index
  Contact Us
   
Helpful Links
 
 
Controller's Office > News > Panther Post Newsletter
  Newsletter 2012 Volume 9

  In this Edition...

  • Year End Deadlines
  • Accounting and Reporting Services
  • Payment Services - Accounts Payable
  • Payment Services - Travel Services
  • Purchasing Services
  • How to sign up for the Panther Post Newsletter
  •   Year End Deadlines for Fiscal Year 2011-2012 (All Funds)

      Target Audience: University Community

      This year, the General Ledger will close on July 3, 2012 due to the transition to the new Chart of Accounts in our   financial systems. Accordingly, closing deadlines for the upcoming fiscal year end have been moved up.

      Please take special notice of the information contained in this document, and share it with your staff and others you   deem appropriate. If you have questions or need further information, please do not hesitate to contact the Controller’s   Office at 305-348-2161. Note that these year-end deadlines do not apply to Sponsored Projects which are not based   on the fiscal year time frame.

      The following dates have been established as deadlines for processing transactions to be charged to FY 2011-12.   Transactions not processed by these dates will be recorded in FY2012-13 and charged to your FY2012-13 budget.   Due to the upcoming system conversion, there will be NO EXCEPTIONS to the dates herein.


      
    Year End Deadlines for Fiscal Year 2011-2012 Memorandum

    Back to Year End Deadlines Top of page

      Accounting and Reporting Services

      Target Audience: All PantherSoft Users  

      As part of the Controller’s office ongoing efforts to ensure the propriety and accuracy of the data in the general   ledger, the Accounting and Reporting section of the Controller’s office is conducting an extensive review of all   Department IDs to identify and document the main function of departments and update department name   descriptions to more accurately depict the department’s main activity. This review will provide our office with essential   information needed to enable us to assign the proper functional classification attributes for department ID’s which we   use to report functional expenses in the University’s financial statements. Ms. Silvia Molleda from our office will be   reaching out to the departments for assistance and feedback as she conducts this review, therefore, we kindly ask for   your cooperation and prompt response since we must complete our review by June 30,   2012.

      Monthly Closing Calendars:  The March 2012 period in the general ledger has closed. When running your   reports, please keep in mind that the Reporting Environment has a 24 hour delay in displaying data. Our team counts   on you to meet crucial Monthly Closing Deadlines that enable us to maintain a timely financial reporting process. The   current month schedule can be found at Accounting and Reporting Services.

      If you are experiencing difficulty with PantherSoft or have questions, please feel free to contact our Call Center for   assistance at Extension 7-7200. Open Labs are now offered Monday thru Friday between 9:00 a.m. and 3:30 p.m. at   the Campus Support Complex (CSC) Room 1135. Please call Extension 7-7200 for an appointment. We encourage   you to bring your own transactions so that we may provide you with real hands-on assistance using work related   scenarios.

      Smart Internal Billing :

      The Smart Internal Billing tool has been in production for the past couple of months, and   most departments have   been trained and given access to the system. The Office of the Controller will NOT be accepting any paper   Department ID transfer Forms after May 1, 2012. After May 1, the Department ID Transfer Form will only be used   to process corrections, to process recharge center billing pending final roll out to them and for certain other   transactions on an exception basis (specific units have been notified as such). Instead, those of you being billed   internally will now be asked to approve charges in PantherSoft. You will be notified that an electronic invoice was   created which requires your approval via an email with the subject: “Billing ID XXXXXXXXXXX has been routed to you   for approval“.

      Security and User Roles: Users must complete an The Access Request Form in order to gain access to the Smart   Internal Billing tool. User roles allow users to define items, update existing items and/or create invoices in PantherSoft   Financial's.

      The current roles and their definitions are:

      Role 017 – Bill Creator: User will create/modify bills for the organization

      Role 018 – Item Creator: User is allowed to create new items and update existing items

      Role 019 – Item Creator (update only): User is only allowed to update existing items

      Note:  The default roles assigned dynamically to an organizational department approver are to create and/or approve   invoices only. It is up to the departmental approvers to decide who else in their organization will be allowed to create   invoices and/or create/modify items. These individuals will need to complete an Access Request Form.

      For more information, refer to the Smart Internal Billing Manual. If you have any further questions please contact the   FSSS helpdesk at ext. 7200 or send an email to glmaint@fiu.edu.

      Smart Journal Entry:

      In addition, the Smart Journal Entry tool has been rolled out to facilitate the cash transfer process. The Office of the   Controllers will NOT be accepting any paper Cash Transfer Forms after May 1, 2012 except for certain transactions   on an exception basis (specific units have been notified as such). For more information refer to the Smart Journal   Entry Manual.

      Training:For training information on the Smart Internal Billing and the Smart Journal tools contact the FSSS Helpdesk   at ext 7-7200 or visit our Training Registration link.

     

      Merchant Solution Updates:

  • New: Every FIU employee that handles sensitive credit card information is required to attend Red Flags    Training. You can now register for this training in the Professional Development site, using this link. Red    Flags training can be found under, Enroll>University Compliance Office> Red Flags Rule Training (log -    in using your AD credentials).


  • New: Year End Deadlines for Fiscal year 2011-2012: Due to the implementation of the “Charts of    Accounts Redesign Project” the last day to create/edit credit card journals for the month of June will be    Thursday, June 28 2012 - No exceptions. We suggest that all departments plan accordingly with their    staff in preparing for this new date. If you have any concerns meeting this deadline you can notify Julia    Cancino at ext. 7-2052 or email jcancino@fiu.edu. If you like to know more concerning the Year End    closing deadlines, please refer to the Office of the Controllers 2011-12 Year End Memorandum.

  •   Accounting and Reporting Services Contact Information

    Back to Accounting and Reporting Services Top of page

      Payment Services - Accounts Payable

      Target Audience: All Finance Managers

      Accounts Payable E-mail Address: The Accounts Payable department is now accepting invoices via e-mail. If you   or a vendor wishes to e-mail an invoice to Accounts Payable, please send the invoices to payables@fiu.edu. Invoices   should NOT be e-mailed directly to the Sr. Fiscal Assistants. We will continue to accept invoices via interoffice and   regular mail.

      Allowable Unencumbered Purchases: The list of allowable unencumbered purchases has been recently updated.   Refer to the instructions form on the Controller’s web site for the complete list:
      
    Allowable Unencumbered Payment List

      Unencumbered Forms:  The Office of the Controller will be replacing the current manual unencumbered form with   an electronic version. The form, including back up documentation, will be routed through a workflow for departmental   approvals and eventual submission to Accounts Payable. Please refer to the FSSS section in the Panther Post for the   instruction manuals.

     

      Accounts Payable Services Contact Information

    Back to Accounts Payable Services Top of page

      Payment Services - Travel

      Target Audience: All Finance Managers

    In preparation for the FY 2011-2012 year end closing and the Chartfield Account re-design, it is important that you review and take appropriate action necessary to assist in reconciling and expediting payments to the University community. Please note, open TA's are encumbering funds that could be available for other budgetary use this fiscal year.

      As of April 9th 2012, any TA’s with a travel period ending prior to 10/1/2011, or Expense Reports created   prior to 10/1/2011 will be closed or deleted by the Travel Dept. from the financial system.

      Encumbered TA’s:

  • If there are Travel Authorizations (TA’s) in an approved (APR) status for trips that have already     occurred, make sure an expense report is created to close those TA’s.


  • If the travel was cancelled and there were no expense incurred, then cancel the TA’s to release these     encumbrances. See navigation below.


  • If the trip has already occurred and an Expense Report has been paid, then cancel the TA for that     report.


  • If you are an HR Supervisor, Expense Manger or Project Manager please expedite any TA’s awaiting     your approval.
  •     If guidance is needed with the process of closing Travel Authorizations (TA), the following navigation is helpful, or     contact the Call Center at 7-7200 or email at glmaint.

      Navigation: Employee Self-Service> Travel and Expense Center> Travel Authorization> Cancel> Enter Traveler’s   Employee ID> Search> Select the TA# to Cancel> Cancel Selected Travel Authorization.

      Expense Reports pending further action:

  • If there are Expense Reports (ER’s) in a pending (PND) status, please review and if the Expense     Reports need to be processed, please click the submit key.


  • If the Expense Reports do not need to be processed, please call the Travel Department at #7-2543 or     the Call Center at 7-7200.


  • If you are an Expense Manger or Project Manager please expedite any Expense Reports awaiting your     approval.
  •   Status Abbreviations:

      Approved - APR

      Approvals in Process - PAR

      Submitted - SUB

      Pending - PND

      Travel Services Contact Information

    Back to Payment Services - Travel Top of page

      Purchasing Services

      Target Audience: All PantherSoft Users

      The Office of the Controller will be posting the End of Year Processing Procedures on the Controller’s website and   listings of open purchase order encumbrance reports for ALL funds.

      For ALL FUNDS, communicate to Mr. Jimmy Carmenate, Associate Controller, Controller’s Office, those Purchase   Orders that you wish to close prior to June 30, 2012. Send your requests to close purchase orders, via email only, to   carmenaj@fiu.edu. Read More

      Purchasing Services Contact Information

    Back to Purchasing Services Top of page

      How to sign up for the Panther Post Newsletter

      The Panther Post is distributed to individuals on the following ListServ: Office of the Controller, Finance-Managers   and PantherPost. If you wish to be added to the ListServ for the Panther Post, please email GLMAINT.

    Back to Panther Post Sign Up Top of page

    Office of the Controller