SMART Finance News You Can Use

SMART Finance Related News

Archive by author: Amanda KadrmasReturn

March 2018

06 March 2018

Requisition Users...

If your district only uses Online Ordering (like Express), we can eliminate the menu item ‘Order Requisition Entry’ to make in less confusing for your employees. Or, if your district never uses an Online Vendor, we can eliminate ‘Ordering’ from the menu. Contact Stacy if you would like this change or have questions.

[+] Read More

06 March 2018

Revenue Budgeting for FY19

The new FY 2019 Revenue Projection Model is now available on MDE’s website. http://w20.education.state.mn.us/MDEAnalytics/DataTopic.jsp?TOPICID=247. If you would like assistance working on next year’s revenue budget, send Stacy or Wayne your FY19 pupil estimates. We will use those pupil estimates to create a revenue budget using the Budget Workpapers in SMART Finance.If you are working with the FY 2019 Revenue Projection Model, note the following: On the User Inputs tab, ...

[+] Read More

February 2018

06 February 2018

House Cleaning Accounts

Do you have some accounts that haven’t been used for a few years and are no longer needed? Follow these steps to get a list of unused accounts: Run the Budget Workpapers including both types E and R Extract to Excel In Excel, sort the spreadsheet by all the columns that have dollar amounts to view accounts without activity Delete all accounts that you want to keep. Save the spreadsheet Send the spreadsheet to Region 1 and we will shut off the accountsOr, ask someone in finance at Reg...

[+] Read More

06 February 2018

Basic Skills Extended Time

If you are using MDE’s latest 2018 Revenue Project Model, a new finance dimension of 309 has been added for Basic Skills Extended Time. If there is money in this category on the Revenue Summary, you will need to show expenses and revenue using finance 309. If you plan to spend the revenue in the current year (which Region 1 would recommend) a closing account of 422 can be used.

[+] Read More

SMART Systems is owned, developed and supported by Regions I, II, III, IV and V, serving Minnesota school districts and other education related service agencies for more than 35 years