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ART (Account Reporting Tool) Developed by the Academic Health Center

Learn about ART, the powerful .ART (Account Reporting Tool) developed by the Academic Health Center's College of Science and Engineering in 2012. Discover its history, features, capabilities, and benefits for users. ART seamlessly combines payroll and financial data, interacts for budget updates, and facilitates budget year reporting and documentation for grants and payroll. Utilize ART for comprehensive financial reports, transaction details, and payroll insights. Empower your team with ART for consistent and efficient reporting practices. Get started today with tailored training and ongoing support to enhance your financial reporting proficiency.

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ART (Account Reporting Tool) Developed by the Academic Health Center

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  1. ART (Account Reporting Tool)Developed by the Academic Health Center College of Science and Engineering Wednesday, October 3, 2012

  2. The History of ART Trent Rosby & Rob Super (no picture)

  3. Goodbye CUFS, Hello Enterprise Financial System

  4. What can ART do for me? Combine Payroll and Financial Data for Reporting

  5. Provide Interaction to Update Budget, Projections and Notes

  6. ART uses EFS data and is NOT a Shadow System

  7. Allows Budget Year Reporting, as needed

  8. Note Sections Allow Documentation for the PI and Internal System Use Only.

  9. NOTE: Use X on fields in Nonsponsored that you DO NOT want to Include.

  10. The Data Grants Management

  11. The Data Transactions

  12. The Data Other Commitments

  13. The Data Payroll

  14. The Data Budget

  15. Reporting Account Summary for Faculty

  16. Reporting Summary Payroll for Faculty

  17. Reporting Financial Report

  18. Reporting Transaction Detail

  19. Reporting Payroll Report

  20. Best Practices • Bi-Monthly Financial Reports • (every other month) • Use PI Notes section to include • Projection or Budget information • Have all Accountants use ART • for Consistent Reporting

  21. Questions and Comments

  22. Next Steps • Get access to ART – Email X500 to faith@umn.edu or sign up today • If you would like training for your unit, contact faith@umn.edu • Once you get started, feel free to call/email 5-8388 or faith@umn.edu • Technical issues email trent@umn.edu

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