Kuali Financials is a functional module (application) that interfaces with the core modules of Rice. It is also an application that itself is comprised of many modules. Kuali Financials includes a base system of these modules.
• Chart of Accounts: controlling tables that define financial information.
• Financial Transactions Processing: allows users to transact financial business through electronic means, rather than by using paper forms.
• General Ledger (GL): repository of all financial and budget information.
• Pre-Disbursement Processor: receives data from systems that need to make disbursements and outputs a data file that can be sent to a check writer or formatted and sent to a bank for Automated Clearing House (ACH) direct deposits.
• Vendor: allows users to create and maintain a Vendor table to track businesses or other entities your institution has done or plans to do business with.
Additional modules may be implemented when institutions identify a need. These modules include: Accounts Receivable, Capital Asset Management, Contracts & Grants, Effort Certification, Labor Distribution and Purchasing and Accounts Payable.
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