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Financial Management Modernization Initiative FMMI

Agenda. OverviewAllocation Process FlowReports. 2. Allocation Overview. Three types of cost distribution methods in FMMICost Center AssessmentRBAA Rule based account assignmentProject SettlementAll three methods above have gaps with business needsAdopting INTR (sales order/purchase order)

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Financial Management Modernization Initiative FMMI

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    1. Financial Management Modernization Initiative (FMMI) COST ALLOCATION July 27, 2011

    2. Agenda Overview Allocation Process Flow Reports 2

    3. Allocation Overview Three types of cost distribution methods in FMMI Cost Center Assessment RBAA – Rule based account assignment Project Settlement All three methods above have gaps with business needs Adopting INTR (sales order/purchase order) process for cost allocation Key Changes from FFIS Process Instead of moving expenses and obligations from Pool to Bases, INTR method reimburses Overhead Pools by creating budget authority Zero dollar budgets eliminated Bases obligate for overhead Allocated costs to Bases recorded only to BOC 2500 3

    4. Allocation Overview 4

    5. Allocation Overview 5

    6. Overhead WBS Structure AM.AO.REGU.BO AM = AMS AO = Agency Overhead REGU = Regular BO = Budget Office AM.PO.DY00 AM = AMS PO = Program Overhead DY00 = Dairy AM.GB.9901 AM = AMS GB = Greenbook 9901 = Government Wide Council 6

    7. PROCESS FLOW 7

    8. Allocation Process Flow 8

    9. Allocation Process Flow 9

    10. Purchase Order Creation Represent the Receivers (Bases) Obligates Overhead to the Receivers Allocate Overhead Cost Using Percentage One Decimal Limitation in Percentage Field Utilizes PO Creator and PO Approver Roles Only BOC 2500 is used on PO Line Item 10

    11. Purchase Order Sample 11

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