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Welcome

Welcome. GL205: Refresher Training Key Points. Agenda. What’s Changed? Key Points to Emphasize UPK Topics to Review Frequently Asked Questions Exercises SFS GL Path and Learning Resources. What’s Changed. Key Updates (1 of 2). Key Points to Emphasize.

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Welcome

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  1. Welcome GL205: Refresher Training Key Points

  2. Agenda What’s Changed? Key Points to Emphasize UPK Topics to Review Frequently Asked Questions Exercises SFS GL Path and Learning Resources

  3. What’s Changed Key Updates (1 of 2)

  4. Key Points to Emphasize Note that “Journal Voucher” has a very specific meaning in SFS and is only applicable to the AP module. The SFS term for many of the transactions currently entered into CAS via legacy Journal Voucher is “Journal Entry”, and is specific to the GL module. A GL Business Unit is defined for each entity that maintains and reports on its own transactional data (there are multiple GL Business Units in SFS, one for each Agency). In most cases, Agencies record adjustments in the system of original entry instead of directly into the GL. As needed, users make other adjusting journal entries directly to the General Ledger  decrease in the number of journal entries created directly against the GL. According to the Generally Acceptable Accounting Principles (GAAP), journals are entered using a double-entry system, where debits equal credits.

  5. Key Points to Emphasize Journals are balanced by Fund, and by Business Unit. Agency GL Setup and GL Originators will be able to configure and set-up Speed Types after Go Live. SFS will not be configuring anything on behalf of agencies. The purpose of the Inter- and Intra-Agency topics is to explain that the SFS produces additional journal lines after the Edit Journal process has been run in order to balance the journal entries. The lines will only be created if there is a change in the BU and the Fund.  If these two values stay the same in the journal lines, then no additional balancing lines will display.

  6. UPK Topics to Review Entering and validating journals Submitting journals for approval Approving journals Running a report in General Ledger

  7. Exercises The following exercises should be performed during Refresher Training: Navigation refresher Entering and validating journals Copying a journal Deleting a journal Creating Speed Types Entering Inter-Agency journals Navigating to the Template List

  8. SFS GL Learning Path and Resources SFS GL Refresher Training Structure

  9. SFS GL Learning Path and Resources Location of Training Materials and Class Preparation Aids

  10. Conclusion Thank you for your participation!

  11. Slides for Agency Use (Arial, Font 36) • Agency specific Heading (Arial font 24) • Topic 1. (Arial Font 20) • Topic 2. • Topic 3. • Topic 4. • Topic 5.

  12. Slides for Agency Use (Arial Headings, Font 36 for single line, 32 for double lines) • In this lesson you should learn: (Arial font 24) • Topic 1. (Arial Font 20) • Topic 2. • Topic 3. • Topic 4. • Topic 5.

  13. Slides for Agency Use (Type Topic here) Agency Specific Key Terms and Concepts (Arial Font 24)

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