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Financial Classes

Financial Skills

Chart of Accounts (Basic Level)

Instructor: Lindsey Donovan
Target Audience: Persons with responsibility for financial transactions at UVM.
Time Allotted: 2 hours
PeopleSoft Course Number: FMC004

Rationale: This course is required for completion of the Financial Management Certificate. It also serves as a solid introduction to the Chart of Accounts that will be beneficial when conducting financial transactions at the University

Overall Objectives: This session is designed to help you understand the university's chart of accounts within the PeopleSoft system. After completing this course you should have a basic knowledge of how financial information is stored within accounts.

Learning Outcomes:

  • Describe thecomponents of the Chart of Accounts
  • Use budget details to find valid chartstrings
  • Describe the distinction between actuals accounts and budgetary accounts
  • Describe the chart of accounts and combo code connection
  • Demonstrate an ability to create, activate and update the Chart of Accounts

Prerequisites: None


Creating and Managing Your Purchases (Mid Level)

Instructor: Florianne Irwin, Natalie Guillette and Deb Harvey
Target Audience: Individuals who have responsibility for purchasing or managing the process of attaining goods and services for The University of Vermont.
Time Allotted: 2 hours
PeopleSoft Course Number: FMC005

Rationale: Employees charged with purchasing goods and services for the University have a unique responsibility in ensuring day-to-day operations run smoothly and efficiently.

Overall Objectives: To empower employees to manage their responsibilities in a logical and efficient manner through the use of PeopleSoft and other purchasing tools.

Learning Outcomes:

  • Explain the UVM purchasing process
  • Navigate the requisitions module in PeopleSoft
  • Create requisitions in PeopleSoft
  • Manage existing requisitions in PeopleSoft
  • Locate purchase order and payment information

Prerequisites: This mid-level class does not require a prerequisite; however, effectively maintaining a working knowledge of UVM Chartfields is recommended. To learn more about Chartfields, reference the Chartfield Values (Chart of Accounts) mini-manual on the HRS Learning Services website.


Financial Investigatory Tools (Mid Level)

Instructor: Kristin Bahn
Target Audience: UVM administrative staff, business managers, financial managers and individuals with a working knowledge of PeopleSoft Financials.
Time Allotted: 2 hours
PeopleSoft Course Number: FMC006

Rationale: Queries and inquiries allow administrators to research issues and discrepancies encountered within reports. The focus of this session is to build on basic knowledge of Financial Reports and to utilize more advanced methods for retrieving to provide a full picture of transactions in the system.

Overall Objectives: Gain a solid understanding of using advanced financial reporting tools for troubleshooting in PeopleSoft.

Learning Outcomes:

  • List  available inquiries and queries and describe their use
  • Discuss queries and inquiries related to Accounts Payable, Budget, Expenses, Journal, Ledger and Purchasing
  • Practice running and interpreting financial reports in PeopleSoft

Prerequisites: This mid-level class is for employees who have a solid understanding of the basics of financial reporting in PeopleSoft.


Financial Reporting Basics (Basic Level)

Facilitator: Steph Dion
Target Audience: UVM administrative staff, business or financial managers and individuals requiring a working knowledge of utilizing PeopleSoft Financials. This course is required for the Financial Management Certificate.
Time Allotted: 2 hours
PeopleSoft Course Number: FMC007

Rationale: Do you have to report financial information, but don't know where to find the information? Are you having a hard time knowing which report to use? This course teaches foundational level skills regarding financial reporting terminology and tools.

Overall Objectives: Become familiar with important PeopleSoft Financial terms and understand how to run core reports and other tools in PeopleSoft Financials. Discuss the key differences between budget level and detail level accounts as well as Commitment Control and General Ledger.

Learning Outcomes:

  • Define financial reporting terms related to PeopleSoft
  • Describe the components of basic financial reports
  • Use the Operating Monthly Budget Report, Monthly Budget Report for Projects and Budget Overview

Prerequisites: It is highly suggested that attendees have a working knowledge of the UVM chart of accounts. To learn more about the Chart of Accounts, reference the Chartfield Values (Chart of Accounts) mini-manual on the HRS Learning Services website.


Budgeting at UVM (Basic Level)

Facilitator: Josie Mercure, Elisabeth Baker and Ann Barnes
Target Audience: Office Assistants and Business Specialists with responsibility for financial functions in PeopleSoft.
Time Allotted: 2 hours
PeopleSoft Course Number: FMC011

Rationale: Accurate planning of University funds is necessary for the overall success of your unit.

Overall Objectives: This class provides a rudimentary understanding of the budget process at The University of Vermont. Participants are introduced to principles of the University budget building and budget management. Basic budgeting principles will be defined and practiced.

Learning Outcomes:

  • Demonstrate a basic understanding budgeting at the University of Vermont
  • Identify the components of the budgeting process
  • Define budget related terminology

Prerequisites: None


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Last modified November 08 2013 03:05 PM