The Finance packages used by Calhoun ISD and its constituent school districts are WISE and SMART. Through these packages, school districts are able to manage financial data for the purposes of:
Accounts Payable
Budget Reporting
State Reporting
FID Submission
GASB34 Requirements
Cash Receipts/Journal Entry Recording
Electronic Requisitions/Purchase Orders
General Ledger and Trial Balances
Financial Statements
Year End Processing and 1099's
Transaction Analysis Lookup
Standardized and Custom Reports
Exporting data to various spreadsheets/databases
The WISE Finance system provides a self-balancing, double-entry, multi-fund accounting system that is compliant with the revised 1022 Michigan School Accounting code for K-12 public schools. The software utilizes six interactive files: ledger, transaction, invoice, requisition, purchase order and vendor. It has 24 fully interactive funds.
The Simplified Management Analysis and Reporting Tool (SMART) program is a user friendly, PC-based query and reporting tool that uses a Graphical User Interface (GUI) for queries from the finance, requisition and payroll systems. This allows easy retrieval of financial information.
