In FAST Version 3.5 Millennium announces a new application called Journal Vouchers. In Budgets and Forecasting there are major updates to the data entry and reporting pages...
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Provides secure distributed budget development over the web
Accessible from any web browser
Integrates seamlessly with FAST Finance Reporting to allow departments to review historical information as an aid to the budget development process
Provides summary and detailed 'at a glance' review of up to three years historical and up to four years budget forecast simultaneously
FAST Budgeting keeps an unlimited amount of detail to support the budgets created with the system
Secure Login
Seamless integration with SCT Banner
Single page document entry
Use of ACCI codes, or FOAPAL codes
Real time validation of FOAPAL codes (allows for FUND/ORGN security)
Copy existing requisitions into new requisition – Reduces data entry
Custom user queues based on Login (direct window into open requisitions and requisition awaiting users approval)
Email notifications for approvals
Status look up all the way through to creation of PO
Minimal maintenance as it makes use of existing Vendor, Location and Tax Tables
Unlimited number of commodities per requisition
Uses commodity level accounting
Create automatic buyer assignment upon completion of requisition
Ability to apply currency exchange based on vendor set up
Allows users to attach electronic documents as backup for requisitions
Integrates with SCT Banner Finance
Provides secure central access to Purchasing Card reporting and management tools via a web browser
Users can
edit
transaction details or
split
transactions between Banner Fund/Orgn combinations
Administrators can deal with suspensed transactions before they are posted
Administrators can post month end batches directly to Banner
No re-training when changing banks
Fully functional Non Tuition Accounts Receivable sub ledger
Create Invoice, Age Invoices, Record Payments, Manage Bad Debt
Detailed electronic and paper based reporting
Seamless integration with SCT Banner Finance
Web based application provides thin client and lowers Total Cost of Ownership
Integrates with SCT Banner Finance
Completely web based
Seamlessly integrates with FAST AR and SCT Banner Finance to manage research and grants billing
Handles FDSR Reporting with no need to re-key data
Customized attribute assignment allows for unlimited classifications of grants
Allows for online budget entry
Customized rollups allow you to meet the needs of third party reporting
One Page to enter all information about a Journal Voucher
Unlimited entries allowed for each Journal
Easy import from Microsoft Excel to Journal Voucher line items
Create Single, Recurring or Reversing entries
Allow for user entered document number or auto generated document number
Allow for additional unlimited text to be added and uploaded to ERP
Allow for unlimited external documents to be attached and stored with JV
All external documents attached can later be viewed in Finance reporting
Transaction lines support Fund / Orgn Security and are validated on entry
View PDF of JV
Allows for multiple electronic approvals and tracks history and approval comments
Allows for electronic submission to ERP System
Full reporting of JV’s and status
FAST - Fast Administration Support Tools
FAST reporting tools are specifically developed to integrate with Administrative Software Systems to allow for web based, near time reporting of enterprise data in a single, secure location.