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Financial Systems
| The Financial
Records System, also known as FRS, is the
accounting system used by the University of Connecticut to prepare
accounting transactions, process accounting data and generate
various accounting and financial reports. This system is administered
by the Controller's office through the Financial
Systems Office (FSO) and maintained by the University's Computer
Center. Inquiries regarding the system should be directed to the
Controller's office, specifically to Bruce Gerber: bruce.gerber@uconn.edu
(486-3778) or Carolyn McEvitt: c.b.mcevitt@
uconn.edu (486-5887) or for security questions to Michael
Virone: michael.c.virone@
uconn.edu (486-2412) - the Financial Record System administration
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FRS, as it exists at UCONN, consists of four modules or components. These
modules each have a specific function within the system. The modules and
their functions are listed below. They are fully integrated to provide
significant functional and technical advantages. Please click on any module
for more information. |
- Financial
Accounting (FA): Assists in the day-to-day management of financial
activities through such functions as record-keeping, cash management,
grant/contract management, budget & encumbrance control, institutional
reporting and year-end processing.
- Accounts
Payable (AP): Manages the payment activity within the University.
Provides the means for creating vouchers from invoices, producing &
reconciling checks, and storing payment data that will be used by the
FA module to update its ledgers. Maintains Accounts Payable
information on vendors.
- Purchasing:
Maintains Purchasing information on vendors. Within this module
the user may also create, change, print and transfer such documents
as purchase requisitions, purchase orders, master orders and future
orders. Receiving information is also entered in this module as well
as the posting of invoices.
- Fixed
Assets (FX): Aids managers in administering, accounting
for and preserving the institution's investment in property,
plant and equipment. The primary functions of this module
include recording the value of plant assets, calculating &
recording depreciation, fixing custodial responsibility for
assets, providing current & accurate data to support resource
allocation & budgeting, providing maintenance & insurance
data.
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Bruce Gerber, Financial Systems Administrator
Financial Systems Office
University of Connecticut
343 Mansfield Road,Budds Bldg RM 215A
U-Box 2112
Storrs CT, 06269-2112
(860)486-3778
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Please direct all website questions or comments to c.b.mcevitt@uconn.edu
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