Financial Management Roundtable Discussions at MACATFO Conference

Explore key topics discussed at the MACATFO Conference, including enhancement surveys, 1099 form improvements, GASB financial statement updates, grant tracking methods, mapping reviews, and upload templates usage. Join the conversation on critical financial management issues and advancements in the public sector.

• Financial
• Management
• MACATFO
• Conference
• Roundtable

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1. IFS TOPICS Roundtable Discussion 2021 MACATFO Conference

2. ENHANCEMENT SURVEY Sent out on June 17thand responses due July 16th Sent via RSVP Questions are to help gain clarification and understand user needs in a couple areas: 1099s for other entities Vendor searching capability Cash drawer interface of vendor information GASB updates Please take about 5 minutes to respond!

3. 1099 ENHANCEMENTS Be able to run 1099s by Fund Print and process 1099s for more than one tax ID Print 1099s without buying the forms

4. GASB FINANCIAL STATEMENTS IFS User Committee (JIC) is putting together a new committee separate from enhancements to specifically address updates for GASB The system needs to do government accounting and stay up to date with reporting changes I am looking for volunteers to participate on the committee to document the necessary changes and work with Trimin for the updates

5. GASB FINANCIAL STATEMENTS Who needs Proprietary Fund Financial Statements? Who does a full CAFR? Who uses MINOR financial statements? Who uses Alternate Trial Balance? Who could design and map a cash flow statement?

6. GRANT TRACKING How are people tracking their CARES and ARPA Funds? Report codes vs. accounts How do people track their Unearned Grant funds? Spreadsheets Reserve Account Codes

7. MAPPING REVIEW OSA Crosswalk? Do people still have this and use it to assist with mapping? Audit Listing (good for people who are less familiar with Excel) Mapping also available in AAR Use Filter and Sort Options in Excel Mass mapping changes available for those who don t have mapping set up

8. UPLOAD TEMPLATES Reminder to use upload templates for Warrant/Voucher batches Do people use the budget upload template?