ART Account Reporting Tool Developed by the Academic

ART (Account Reporting Tool) Developed by the Academic Health Center College of Science and Engineering Wednesday, October 3, 2012

The History of ART Trent Rosby & Rob Super (no picture)

Goodbye CUFS, Hello Enterprise Financial System

What can ART do for me? Combine Payroll and Financial Data for Reporting

Provide Interaction to Update Budget, Projections and Notes

ART uses EFS data and is NOT a Shadow System

Allows Budget Year Reporting, as needed

Note Sections Allow Documentation for the PI and Internal System Use Only.

NOTE: Use X on fields in Nonsponsored that you DO NOT want to Include.

The Data Grants Management

The Data Transactions

The Data Other Commitments

The Data Payroll

The Data Budget

Reporting Account Summary for Faculty

Reporting Summary Payroll for Faculty

Reporting Financial Report

Reporting Transaction Detail

Reporting Payroll Report

Best Practices • Bi-Monthly Financial Reports (every other month) • Use PI Notes section to include Projection or Budget information • Have all Accountants use ART for Consistent Reporting

Questions and Comments

Next Steps • Get access to ART – Email X 500 to faith@umn. edu or sign up today • If you would like training for your unit, contact faith@umn. edu • Once you get started, feel free to call/email 5 -8388 or faith@umn. edu • Technical issues email trent@umn. edu