The application collects and streamlines a wide range of detailed information in accordance with the Financial Accountability System Resource Guide. The GL summary drill-down gives insight into all transactions and account details. 1099 processing, invoice matching, automatic balancing, and easy corrections ensure a balanced history month after month. In addition, Budget Amendment Request (BAR) tools accommodate every situation after final approval.

The application puts users in control of department budgets, whether built from scratch or automatically generated. Items can efficiently be amended during the recommendation to approval process, and automatically post the approved budgets to Finance.

The application provides reliable, accurate paycheck processing for multiple pay concepts and frequencies, plus automatic computation of pay rates and deductions, leave balances, and more. TRS processing is built in, and payroll simulations ensure predictable results.

The application keeps users in control of items ordered. Workflow tools guide users through requisition, purchase order, and contract processes. Easily track actual costs and threshold amounts and use comparison reports to better understand expenditures.

The application automatically generates invoices and interfaces directly with the Finance application to maintain billing records. Flexibility is built in, allowing for full or partial payments, overpayments, adjustments, credit memos, and approvals, while always keeping the general ledger in sync.

The application keeps multiple accounts and fiscal years in one location, and simplifies reconciliation with flexible drill-down features, merging tools, and easy recalculation.

The application assures that the employee data is easy to enter, change, and view when needed. Retrieve personnel certifications, salary verification, and reports with ease.

The application will guide HR departments in filling, changing, vacating, and separating from positions, plus forecasting features for next year’s budget and benefits.

The application ensures accurate tracking of capital and inventory assets, transferring purchased item information from Finance and simplifying inventory management. From depreciation to reporting, the tools are uncomplicated. ASCENDER Asset Management is GASB 34-compliant.