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Financial Accounting System

Teacher and students in classroom
The Financial Accounting System provides school districts with an efficient way to manage all district related finances. A multi-fund-based package, the FAS functions as a centralized system, a site-based system, or a combination of both. For example, clients have the option of having the district business office enter all purchase requests, or having each building enter requests directly.

The FAS has been updating to include full F.I.D. functionality along with the ability to set up information needed to complete GASB 34 requirements. You have the ability to chart four-plus years of financial activity and create budget projects based on individual account histories, while tracking budget amendments throughout the fiscal year. The FAS allows districts to keep close track of cash flow. In addition, it generates special forms, including printing vendor 1099's, purchase orders, billing and many others.

The Financial Account System contains the following sections:

square bullet Accounts Payable
square bullet Accounts Receivable
square bullet Billing Budget Preparation
square bullet Fixed Assets
square bullet General Ledger
square bullet Purchase Orders
square bullet Supplies Inventory
square bullet Vendor/Customer
square bullet Building/Site Based