This general ledger/enterprise resource planning system was first installed in Chicago by Chicago Public Schools.
What is Oracle R12?
100
Standard and Miscellaneous Receipts
What type of cash entries does the Revenue group post?
100
The 20th of the month
What is the due date for ISBE quarterly reports?
100
This governmental control requires an invoice, purchase order and receipt in order for payment to be made.
What is a three-way match?
200
The acronym CAFR stand for this financial document.
What is a Comprehensive Annual Financial Report?
200
The group which manages school internal accounts and the fixed asset inventory.
Who are School Financial Services?
200
The Chief Financial Officer
Who has the Board delegated authority to accept all gifts, grants and donations on behalf of CPS?
200
This annual examination is required under Circular A-133.
What is the Single Audit?
200
This grouping of invoices are entered into the system and then posted to the GL.
What is a batch?
300
The GASB(Governmental Accounting Standards Board).
What organization develops accounting standards for governments?
300
This custom Oracle module holds information on unit computers, desks, filing cabinets, etc.
What is the Fixed Asset Application?
300
This fund contains transfers from internal accounts, private donations and cell phone tower revenues.
What is Fund 124?
300
These are the number of minutes per day students are required by law to be in the classroom.
What is 300?
300
Variations of this process include ghost, virtual, declining balance...
What is a procurement card?
400
These are the two types of financial statements governments are required to prepare annually.
What are the governmental funds and government wide financials?
400
If I wanted to use or transfer capital/bond proceeds to purchase office supplies, this Oracle control would stop me.
What are cross validation rules?
400
These project expenditures have to be reviewed prior to submitting to the City for reimbursement.
What are TIF(Tax Increment Financing), Modern Schools or IGAs?
400
These requestors of student records are charged for the data we provide, usually to validate application data.
Who are employers?
400
This process lets the the system know an invoice is okay to pay.
What is validation?
500
The schedules in this part of the CAFR include ten year tables, demographic, operational trend data.
What is the Statistical Section?
500
The Illinois Department of Human Services via its Medicaid program, reimburses CPS for administrative, clinical, and this cost for getting IEP students to class.
What is transportation?
500
This process must be conducted to ensure schools and departments cannot spend grant funds after the expiration dates.
What are the grant purchase order cancellations?
500
All spending of funds provided by U.S. government agencies is reported using this mechanism.
What is the SEFA?
500
Consultants and independent contractors recieve these from us shortly after the beginning of the calendar year.