KFS Brown Bag: Requisitions

KFS Brown Bag: Requisitions

Wednesday – September 18, 201312:00 – 1:00 pm

McKeldin Library 6137

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Welcome and Introductions

Please welcome some of our KFS REQS Team Members- • April Weimer

Procurement Lead, UMCP

• Chenise Patterson AP Lead, UMCP

• Cora Mayo Procurement & AP Partner Lead, Navigator

Contact us at [email protected]

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ObjectivesWe have two main objectives for today:

1. Present an overview of Requisitions2. Demo of Requisitions (REQS)


Contact us at [email protected] 4

KFS REQUISITIONS OVERVIEW

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OverviewWhat is new in the world of Requisitions:

• Only one single KFS document is used to purchase all goods and/or services.

• ELF Small Procurement Orders, Master Contract Releases and

Paper Requisitions will all be processed using a Requisition in KFS.

If the amount on the Requisition is < $5,000.00 KFS will automatically generate a Purchase Order.

If the Requisition uses a Campus Wide Vendor Contract (previously Master Contracts) and the amount is <$50,000.00 KFS will automatically generate a Purchase Order.

Requisitions above these thresholds will be assigned to a Contract Manager (Buyer, Procurement Specialist, or Procurement Coordinator) at the selected Procurement Office for processing and issuing of the Purchase Order.



Overview

What is new in the world of Requisitions continued:

• Users will have to select a Procurement Address on each Requisition.

• Users will have to search for and select a Commodity Code on each Requisition.

• Electronic tracking of documentation throughout the entire process from submission, through all approvals, to printing.

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DEMO



Demo


DEMO

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QUESTIONS?


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• July 17th, 2013 – KFS Reporting• July 31st, 2013 – KFS Reporting• August 14th, 2013 – KFS – What about Training?• August 28th, 2013 – KFS Internal Billing• September 4th, 2013 – What is KFS and why are we doing it now?• September 18th, 2013 - KFS Requisitions• October 2nd, 2013 – Labor Distribution and Preparation of Salary Transfers -

https://www1.gotomeeting.com/register/842612977• October 16th, 2013 – KFS – What about Training?

https://www1.gotomeeting.com/register/476382488


Brown Bag Series Dates

* As dates, locations and topics may change, please check the website for the latest information

The Kuali Financial System (KFS) will replace FRS in 2014. If you are a current user of FRS and would like to know more about how KFS will change financial processing for the university, join us for the KFS Brown Bag Series. These informal one-hour sessions will be held every other Wednesday and will feature knowledgeable VPAF representatives talking about key features of KFS.

All meetings are scheduled from 12–1:00 pm and, if not otherwise noted, will be held in 6137 McKeldin Library*



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For more information on KFS and for the latest Brown Bag Schedule:


… Check out updates to the VPAF KFS page …

http://vpaf.umd.edu/kuali/index.html

Brown Bag Series Schedule

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For additional information regarding this presentation, please contact:

April Weimer 301-405-5848 [email protected]


Contact Us

KFS 301-405-3020 [email protected]

THANK YOU FOR ATTENDING TODAY!

KFS Brown Bag: Requisitions

Documents

Transcript of KFS Brown Bag: Requisitions