Financial Transaction Services for Payments And Journals

 

January 13, 2017

admin

  • Financial Transaction Service (FTS) for payments and Journals application is used for the university campus, Institutions, and Colleges. It provides the functionality and services for payment requests to account payable.
  • FTS for payments and Journals provides the requisition and reimbursement for payment regarding to order.
  • Employees to create purchase and payment requests (Requisition and Vouchers: Direct Payments and Employee/Student Reimbursements) for their department.
  • Financial Transaction Service (FTS) for payments and Journals application is used for the university campus, Institutions, and Colleges. It provides budget from one chartfield string to another and pay another campus department for services/products received. Transfers are reviewed and approved by an Approving Official in FTS.
  • It provides the transferring the expenses from one chartfields to another both are under control and one chartfileds under control another is outside under control.
  • It Used to pay another departmentfor products and/or services you received. You would be the Payor and the department you are paying would be the Payee.
  • FTS for payments and Journals automatically manage single Approval structure.

Characteristics of FTS for Payments and Journals

  • Requisition for the purchasing.
  • Direct payment voucher for purchasing/payment.
  • Reimbursement for purchasing/payment.
  • Transfer the budget journal one account to another.
  • Transfer the Expense journal.
  • Transfer the budget how much expense on hospitality payment.
  • Interdepartmental Expense transfer.
  • User and Role management.
  • Setup of Approval Structure for different level of approvals.
  • Emailing and Communicate to users at every stage.
  • Handling Accounts, Funds, Projects, Classes, User Security, and Module Security.

MIRI FTS for Payments and Journals Support

When you join to the MIRI FTS for Payments and Journals, your AWS commercial center membership will be naturally distinguished. MIRI FTS for Payment and Journals provides technical support for installation and setup issues through our support center.

Contact No. at- +1 (510)298-5936

Email– support@34.201.150.98.

24*7 Hrs facility is available. Client can contact us at anytime.

Leave a Reply

Your email address will not be published. Required fields are marked *

More like this

The Ultimate Guide For Notion AI

The Game-Changing Impact Of Extended Reality (XR) On The Future

MEAN vs MERN: Which Stack Is Best For Your Next Web Development Project?