Query tool should be easy to use and support rapid regeneration from source data. The current process of downloading financial and HR data to unprotected local machines creates a potential compliance nightmare. Documentation that is issued to Research Finance lacks detail to allow for proper audit. Each charge is expensed to the appropriate grant by a manual journal entry. This method does not allow for safeguards to insure that expense limits have not been exceeded.
Documentation lacks sufficient detail to allow for proper audit.
Additional Required Functionality for Grant Accounting System Accounting firm that originally designed and distributed product no longer supports this software. It is the lack of system integration that is partially responsible for dysfunctional system currently in place. The purchasing system s non-real time accounting permits grant managers to run large deficits on some research grants. Without real time purchasing control, up to date financial reports and streamlined systems, reorganization of research administration will not be cost effective and continuing efforts to increase productivity will fall short.