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Research Newsletter Report, 7/29/22

July 29, 2022
DFA's financial team has been focused on fiscal close and working diligently to support the university. This is by far the busiest time of year, but the team members still have dedicated extra hours to the Oracle Data Integrity Project. This week, the team completed...

Research Newsletter Report 7/22/22

July 22, 2022
The Oracle Data Integrity Project continues to make progress on reconciling payroll accounts associated with the remaining inconsistencies between the project sub-ledger and the general ledger. The fifth batch of system corrections are undergoing validation tests before they are returned...

Research Newsletter Report 7/15/22

July 15, 2022
On July 12, the Division of Finance and Administration held its second Oracle Reboot Camp. Over 70 staff members from across the university community attended. The topics covered included accounts payable validations, information on common invoice holds, Smartview training, and...

Research Newsletter Update 7/8

July 8, 2022
Accounting and Financial Planning and Analysis Our accounting team continues to work on the remaining alignment plans for the flow of financial transactions into the Oracle system as part of the Oracle Data Integrity Project. Thei focus is contracts and grants that have the largest...

Research Newletter Report 7/1

July 1, 2022
Over the past two weeks, our team has continued to make progress on the Oracle Data Integrity Project. The alignment plans developed by our accounting team have proven to be very complex, resulting in a lot of extra effort on our team to rectify the data issues, many of which were driven by the...

Transition of Internally Funded Projects to General Ledger: Details, Impacts

June 28, 2022
Effective July 1, UC Merced’s internally funded projects will no longer require project portfolio management (PPM) attributes for transactions (e.g. requisitions/purchase orders, invoices, Concur) commonly known as POET. Historical data of the affected projects will continue to be...

Oracle Data Integrity Project Update

June 27, 2022
To: Oracle users Campus colleagues, The Oracle Data Integrity Project (ODIP) is investigating and addressing variances in UC Merced’s financial management system. When ODIP began its work in November 2021, about 600 projects were identified as out of alignment. As of June 21, 50% of...

Research Newsletter Report 6/17

June 17, 2022
Progress on the Oracle Data Integrity Project has slowed this week as the remaining projects that need alignment are considerably complex, and we are learning that they require more time. Our team’s focus remains on your contract and grants, and we remain optimistic that we will have...

Research Newsletter Report 6/10/22

June 10, 2022
The following appeared in ORED's Research Newsletter on June 10, 2022: DFA continues to make progress on the Oracle Data Integrity Project. Currently, the accounting team has aligned 65% of contracts and grants and 63% of internal accounts. The next steps will be to continue to increase the...

Research Newsletter Report 6/10

June 10, 2022
We continue to make progress on the Oracle Data Integrity Project. Currently, our accounting team has aligned 65% of contracts and grants and 63% of internal accounts. The next steps for our accounting team will be to continue to increase the changes taken into production and to focus on ensuring...

Financial Transparency Town Hall to Wait for Clear View of State Funding

June 6, 2022
Campus Colleagues, As we progress toward the 2022-23 fiscal year, everyone at UC Merced deserves a view of our financial picture that is the clearest and sharpest possible. In that light, the Financial Transparency Town Hall originally scheduled for this morning is moving to a later date so it...

Research Newsletter Report, 6/3/22

June 3, 2022
The following appeared in ORED's Research Newsletter on June 3, 2022: The Oracle Data Integrity Project continues to make progress on the alignment of accounts as well as addressing budget discrepancies. The Division of Finance and Administration's accounting team has aligned 57% of...

Certain Projects Shifting to Management in General Ledger

May 27, 2022
Campus colleagues, Thank you all for engaging with the Division of Finance and Administration to provide meaningful feedback on our Oracle-based financial system. These productive discussions have made room for DFA to prioritize and propose a significant change to the financial management of...

Research Newsletter Report 05/27/22

May 27, 2022
The Oracle Data Integrity Project is addressing some of our more complex alignment issues, but we are prioritizing contracts and grants. Our team has reconciled approximately 54% of contracts and grants and 60% of our internal accounts. Approximately 21% of all accounts (including gifts) have...

Research Newsletter Report 05/20/22

May 20, 2022
The Oracle Data Integrity Project has developed alignment plans for 50% of our contracts and grants and 58% of our internal funds; we are still working on initiating the alignments for gifts. We currently have alignment plans for 43% of all accounts. We have been able to move many of these...

Thank You for a Successful Commencement Weekend

May 16, 2022
.responsive { width: 100%; height: auto; } A Message from interim Vice Chancellor and Chief Financial Officer Kurt Schnier: DFA Colleagues, Over this past Commencement weekend, we celebrated three years of our students' achievements. It was amazing to witness. The joy and...

May 19, 2022: Oracle System Issues Resolved

May 15, 2022
On Friday, May 17, support staff became aware of issues with UC Merced's Oracle financial system. The issues affected procurement requisition workflow approval and Oracle interfaces. Financial System Support and the Office of Information Technology staff worked with Oracle representatives...

Research Newsletter Report, May 13, 2022

May 13, 2022
Our Oracle Data Integrity Project continues its effort to align the project sub-ledger with the general ledger. To date, they have put together alignment plans for 50% of the 214 contract and grant accounts that require alignment and 58% of the 259 internally managed accounts (e.g.,...

Research Newsletter Report: May 6, 2022

May 6, 2022
Thank you to all who joined our Oracle Town Hall on May 5 to hear about the history of Oracle, the status of our foci, and the future directions of our team’s efforts to support the campus. As summarized in the presentation, the Oracle Data Integrity Project continues to make progress on...

Update Ensures Transactions Have POET Info. Here's How it Works

May 5, 2022
Safeguards are being put in place to ensure Project Portfolio Financial Management (PPFM)-funded purchase requisitions have the necessary financial information to process the transaction in the Oracle system. Effective May 27, if a submitted requisition is missing POET (Project, Organization,...

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