FMS Updates and Reminders – 03/29/2019

Cross Posting Latest FMS Announcements 

March Month End Close Scheduled for Thursday April 4, 2019

As a reminder, Workday Accounting Journals and Accounting Adjustments that are “in Progress” must be posted or cancelled before the FMS Support Team can close the month. KED and unit level accountants should make it a priority to approve all end-user journals and accounting adjustments that are in proper order (see Workday Month End Close blog post).

To ensure grant cost transfers are processed in conformance to the 90 Day Cost Transfer Policy, units are advised to initiate cost transfers as soon as possible and verify that journals/adjustments transactions are fully approved prior to month end close. Units can view month end close dates on the FMS Calendar.

Enhancement to Find Supplies for Departments Report

A new Date Created filter has been added to the Find Suppliers for Departments Report. You may use this filter to check periodically by date parameters to track when a specific Supplier you are monitoring is set up.

Subject Pay Spend Categories and Expense Items

Spend categories for Subject Pay Expenses (SC1030) and Subject Pay Airfare (SC1031), and expense items for Subject Pay Expenses and Subject Pay Airfare, are now available. Please complete journal entries for invoices or expense reports to reimburse human subjects that should reflect these spend categories or expense items.