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Research Newsletter Report 9/9/22

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...

New Directors in Business and Financial Services

September 8, 2022
An announcement from Associate Vice Chancellor and Controller Amanda Preston-Nelson: We are happy to announce the appointment of two directors in the Division of Finance and Administration’s Business and Financial Services. Christie Harvey, who has held several key roles at UC Merced...

Research Newsletter Report 8/26/22

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...

Oracle Data Integrity Project Update 8/26/22

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...

Research Newsletter Update 8/19

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...

DFA Teams’ Accomplishments in 2022

August 11, 2022
Here are just some of the accomplishments achieved by Division of Finance and Administration teams in 2002. Oracle Guided Learning Stephanie Zuniga from the Center for Business Services and Solutions, alongside Melissa Tessier and Koffi Apedoh from Financial Systems Support, has made...

Research Newsletter Report 8/05/22

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...

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...

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