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Oracle News

October 30, 2023
Are You a Self-Supporting Recharge Operation? Recharge operations function like a non-profit business, collecting enough revenues to cover costs. Services offered are rate-based and advance the university's education, research or public service functions. Please review Self-...
October 20, 2023
The UC Merced Office of the Controller is issuing the following guidance on the Project Attribute in the Common Chart of Accounts (CCoA). The Project Attribute tracks the financial activity for a “body of work" that often has a start and end date that spans fiscal years or...
October 20, 2023
A message from Chancellor Juan Sánchez Muñoz, Ph.D. Dear colleagues,   I have listened to concerns from faculty and staff about our financial reporting system and, as you may have heard in my annual State of the University address, have made these concerns a top priority....
August 28, 2023
Campus colleagues, With the start of the academic year, we wanted to reach out to faculty and academic employees with an overview of the efforts we have taken and will be taking to support efficient use and continued improvement of UC Merced’s financial management system, as well as...
August 2, 2023
.responsive { width: 100%; height: auto; } It is now easier than ever to find the help you need for financial transactions, purchases, systems and administrative assistance. The new DFA Service Portal organizes our extensive list of support tickets and knowledge articles into a searchable...
July 18, 2023
Updates were launched successfully Friday in Oracle and Concur that streamline the requisition workflow for research administrators and fiscal approvers. The RA workflow in Oracle is now based on the assigned RA for each project attribute. Projects will no longer require a secondary signoff by a...
July 12, 2023
Subject: Requisition Review and Oracle Requisition Entry Guidelines  In the July 10 Monday Memo, the Division of Finance and Administration announced the launch later this week of a streamlined approval workflow in Oracle and Concur for research administrators (RAs) and fiscal...
July 7, 2023
Effective Friday July 14, updates will be implemented within Oracle and Concur to streamline approval workflow for Research Administrators (RA) and Fiscal approvers.    Oracle Updates Oracle approval workflow has been updated to note that only one approver will be required for...
April 6, 2023
To the UC Merced research community: Faculty are having a difficult time obtaining account balances in order for them to manage the use of resources to support their research. Looking into this further, we have identified two different types of financial reporting that faculty need to support...
December 5, 2022
Guided Learning features that support accounting tasks have been added to the Oracle financial management system. The guides provide assistance in areas such as invoicing, receivables, fixed assets and project administration. Guided Learning is a knowledge tool that lives in the Oracle...
November 4, 2022
Updates from interim Vice Chancellor and CFO Kurt Schnier: Nov. 4 update: Our team has started a Requisition Workflow Optimization project to improve the processes associated with financial transactions. We will soon discuss this effort with the Oracle Advisory Committee to determine the best...
October 14, 2022
Report by interim Vice Chancellor and Chief Financial Officer Kurt Schnier: Thank you to everyone who joined the Oracle Town Hall on Monday, Oct. 10. For those who were unable to attend but would like to see the presentation and discussion we have posted the slides and video . We also greatly...
October 14, 2022
Report by interim Vice Chancellor and Chief Financial Officer Kurt Schnier: Our DFA teams have been working very closely with your research administrators (RAs) to assist you and your RAs with the management of your contracts and grants. To improve efficiency in the management of your funds, we...
September 30, 2022
A report by interim Vice Chancellor and Chief Information Officer to the Research Newsletter: This week, we completed the last step of our fiscal close process by completing the year-end process and rolling forward the budgets for FY23. With all the steps now complete, we are moving forward with...
September 16, 2022
A report for the Research Newsletter from interim Vice Chancellor and Chief Financial Officer Kurt Schnier: This week our accounting team completed our campus’s fiscal close and we have submitted our financials to UCOP. I commend the team for their efforts and appreciate the many late...
September 9, 2022
A report for the Research Newsletter from interim Vice Chancellor and Chief Financial Officer Kurt Schnier: This week our team has been focused on completing the fiscal close process, which ends today. Given that this effort has overlapped with the Oracle Data Integrity Project efforts, many of...
August 26, 2022
A message from Kurt Schnier, interim Vice Chancellor and Chief Financial Officer: Our team continues to focus on our fiscal close efforts.  This remains their central focus and will be so until we submit our final documents to the Office of the President on September 9th. The fiscal close...
August 26, 2022
The finance team in Business and Financial Services has cleaned up much of the incorrect or incomplete data from Fiscal Year 2021-22. This will significantly increase consistency between the project sub-ledger, where contracts and grants are maintained, and the general ledger. The Division of...
August 19, 2022
A report from Interim Vice Chancellor and Chief Financial Officer Kurt Schnier: Our team is nearing the end of the fiscal close process and working diligently to prepare the university for the upcoming year. One area where we have made significant improvements in maintaining data...
August 5, 2022
The finance team continues to work diligently on fiscal close and has cleaned up much of the incorrect and incomplete data that occurred during FY22. This will significantly increase consistency between the project sub-ledger, where contracts and grants are maintained, and the...

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