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FIS:RP:Year-end Operating Reserves

Wednesday, May 03, 2017, 01:30pm - 02:30pm
This repeat is an exception to the normal repeat pattern


Year-end Operating Reserves are a division's net overspending (deficit) or underspending (surplus) amount at the end of a fiscal year. Accurately calculating the operating reserves can play an important role in determining your divisions' budget for the upcoming fiscal year.

This course will introduce you to the best practices and processes involved in year-end operating reserve reporting.

 

Topics include:

  • Definition of an Operating Reserve
  • Calculating the Year-End Operating Reserve (single & multiple Funds Centers)
  • The University's Operating Reserve Policy
  • Features and characteristics of various Operating Reserve reports

 

Prior to attending this course, it is recommended that you complete the following Standard Curriculum courses:

  • FIS Overview
  • Basic Funds Management (FM) Reporting
  • Basic Controlling (CO) Reporting

SecurID card/e-Tokenrequired

 

 

Register


Location: 256 McCaul Street , Room 103
Presenter: Rames Paramsothy

Business Analyst – Training Coordinator, Financial Advisory Services & Training (F.A.S.T.)

 

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