QRAM Update - March 2013
Presented by: Maria Lieggi, MBA
University of California, Irvine 2013. All Rights Reserved
Kuali Financial System
Agenda
Award Doc
 Chart of Accounts
 Cost Share
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University of California, Irvine 2013. All Rights Reserved
KC KFS Collaboration
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Fit Gap Meetings regarding KC and KFS
implementation
Current vs. After KFS implementation Synopsys
Distribution
Future with Kuali COEUS Award and KFS
University of California, Irvine 2013. All Rights Reserved
Kuali Financial System
Award Doc
Basic information on an Award
 Fed from SPA database
 Not a replacement for e-Synopsis
 Used for creating KFS accounts for C&G
University of California, Irvine 2013. All Rights Reserved
Kuali Financial System
COA – Chart of Accounts
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The basis for recording, organizing, and reporting of financial
information in KFS
The elements are required for transactions and will appear on
reports
COA Elements
Account
Organization
Sub Fund Group Code
Higher Education Code
Object Code
University of California, Irvine 2013. All Rights Reserved
Kuali Financial System
KFS Transaction
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Where (Funding Source) – Account
Who – Organization
What – Object Code/Description
Why – Higher Education Code
When – Date
How (much) – Amount
University of California, Irvine 2013. All Rights Reserved
Kuali Financial System
KFS Cost Share
The Kuali Financial System supports cost sharing with
the use of special Sub-accounts.
CS – Cost share
 EX – Expense Sub Account
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School
Dept
Project B
Project A
Account A
Sub Account
(EX)
Sub-Account
(CS)
University of California, Irvine 2013. All Rights Reserved
Account B
Sub-Account
(EX)
Sub-Account
(CS)
Kuali Financial System
KFS Cost Share - Phase I
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Payroll portion of Cost Share will be done using the
current Cost Share System
Supplies and Expenses will be processed through KFS
Cost Share
The Current Cost Share System reporting will be
available and will combine both Current and KFS
Cost share Information
University of California, Irvine 2013. All Rights Reserved
Kuali Financial System
KFS Cost Share - Phase II
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UC Path is scheduled to go live October 2014
KFS Labor Ledger will be implemented
All the Cost Share will be processed in KFS
New Reporting tools will follow
University of California, Irvine 2013. All Rights Reserved
Kuali Financial System
KUALI KFS Update
QRAM March 2013
Maria Lieggi, MBA
Accounting Systems
University of California, Irvine 2013. All Rights Reserved
Kuali Financial System
Resources
Kuali @ UCI
http://www.kuali.uci.edu
Kuali Foundation
http://www.kuali.org/
University of California, Irvine 2013. All Rights Reserved