| 1. |
Introduction |
| 1.1 |
To assist cost centre managers in their role of financial
management, periodic reports are available which provide actual
income and expenditure data, together with information on budgets
and commitments. The reports are compiled every month. |
| 1.2 |
Information will be provided on current period transactions
and the cumulative year to date and commitments recorded by
way of salaries and purchase orders. There are separate reports
pertinent to various levels of management within the university
as well as specific target groups, eg.:
• Cost Centre
Managers;
• Grant Holders;
• Capital Project
Officers;
• Managers of commercial undertakings. |
| 1.3 |
Internal management reports will be compiled on the basis
of a twelve month accounting period with a thirteenth period
for depreciation only. Reports will be available either electronically,
which can be downloaded into spreadsheets or emailed, and in
hard copy form. The reports can be produced by the end user. |
| 2. |
Procedures |
| 2.1 |
At the end of each monthly accounting period the FUST
Office will arrange for closure of the various modules of
the Flinders Finance System. |
| 2.2 |
At the conclusion of the period end processing, reports will
be generated on the system. |
| 2.3 |
Personnel will have the option of viewing reports on screen
or printing hard copy on a local printer. |
