Clean Data
The Unrealized Value of Maintaining Clean Data
As organizations continue to accumulate vast amounts of data, it is increasingly important to ensure that the data is accurate and reliable. Data cleaning, also
April 13, 2023
Financial Management
How to Combat the Challenges of Financial Management in the Public Sector
Across the country, local government finances are in distress. Years of economic growth were stunted by the onset of COVID-19, and the conditions of the
January 20, 2023
Fund Accounting
Fund Accounting: How Does it Work?
Government organizations have different objectives, financial structures, restraints, and requirements than for-profit organizations. It also means their financial management needs are different as well.
November 29, 2022
Staying Prepared for Your Annual Audit
In today’s economic and political climate, there is tremendous scrutiny of the public sector’s capital allocation because the results are widely published. Accounting records must
October 25, 2021
NET POSITION REPORTS
The menu anchor in OpenRDA’s Financial Management Reports that was labeled Net Assets Reports has been changed to Net Position Reports. This has been done
February 11, 2014
BALANCE SHEET REFERENCE TYPES
New balance sheet reference types have been added for NET POSITION-RESTRICTED and NET POSITION-UNRESTRICTED (for GASB Statement 63). These are for use by proprietary and
February 11, 2014
ADD FINANCIAL RECEIPTS
When recording a balance sheet type receipt from an employee as a result of the void with repayment process (from the Payroll module), the debit
February 6, 2014
BALANCE SHEET REFERENCE TYPE
Ranging on Reference Type is now available when querying Balance Sheet Account Year Masters. For example, to see fund balance year masters for all funds,
January 28, 2014
DETAIL REPORTS: RECEIPTS AND JOURNAL ENTRIES
For organization purposes, the three Journal Entries reports and the five Receipts reports are now anchored under Detail Reports in the Financial Management module. Product
January 28, 2014
DQUERY FROM ACTIVITY: SECONDS DIFFERENTIAL
When querying detail that comprises an activity record, the default is 90 seconds (comparing the distribution date in the source record to the entry date
January 1, 2014
ADD RECEIPTS
The Add Receipts process has been modified to include two additional save errors for balance sheet type receipts. The first error applies to the debit
December 19, 2013
CHANGE RECURRING RECEIPTS JOURNAL IDENTIFICATION
A report process has been created to facilitate changing journal identifications for recurring receipts in mass. The To Journal ID must exist in Receipt Journal
October 31, 2013
