WSU Financial Services Update

If you pay invoices, enter requisitions, monitor budget(s), or have financial related questions, then these Finance 101 resources are meant for you.

Topics include:

• Fund types and the differences between General Use (GU) and Restricted Use (RU) funds, and why this matters for every transaction
• The FOAPAL string, which tells the story of each financial transaction
• The Annual Budget Cycle, which determines how budgets are built and managed at WSU
• Financial systems, including TM1 (budget), Emburse Enterprise (formerly Chrome River; invoices, travel, and pcard reconcilliation), Wu-Buy (eProcurement), and Banner Self Service 9
• Key reports for monitoring department budgets and transactions in WSU Reporting