Kuali Financial System (KFS)

The Kuali Financial System (KFS) 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. KFS includes a base system of these modules.

• Chart of Accounts: controlling tables that define financial information.

• General Ledger (GL): repository of all financial and budget information.

• Financial Transactions Processing: allows account managers and organizations to transact financial business through electronic means, rather than by using paper forms.

Additional modules may be implemented when institutions identify a need. These modules include: Accounts Receivable, Budget Construction, Capital Asset Management, Contracts and Grants, Effort Certification, Labor Distribution, Purchasing/Accounts Payable, Post-Award (Contracts and Grants), Travel, Entertainment and Moving and Vendor. .