Wayne RESA has completed the final finance modules for the SMART FINANCE Program.
By the end of this fiscal year, all districts will convert from WISE Finance & SMART to ONLY using SMART as their Finance Package. Currently, we have Athens, BACC, Coldwater, and Quincy using the SMART FINANCE Pacakge. Several more districts are getting ready to pursue this path. Besides the easy-to-use interface and new functionality, a new report writer will be introduced in the near future. Until then, your data analyzers in TSO will STILL be available! TSO is not going away on July 1st. Once you are 'SMART' instead of 'WISE', SMART will be real-time and the Host will be a day behind. However, districts can update the Host themselves to get 'real-time' data on TSO reports.
Is your district using SMART on a regular basis? Did you know you can currently do the following tasks by using SMART instead of WISE/TSO?
~ Prepaid Checks:
Instead of keying your type-written check information into a Prepaid Check task in WISE, go into SMART, Accounts Payable Checks, Prepaid, and type your information there. You can then 'print' your checks through the check module, and they will look exactly like the checks you print in a regular check run. Once printed, you can send the file to the host to be processed into the General Ledger! This is extremely helpful during the summer months when you need to pay bills, but don't want them to hit the fiscal year that just ended.
~ Cash Receipts
You can key Cash Receipts in the new A/R-Billing-Cash Receipts Module of SMART
~ Electronic Requisition Module
Electronically approve requisitions for PO creation using the SMART Electronic Requisition Module - this can be done starting at the building level if the district wants to distribute it that way
~ Budget Module
You can use this module to prepare your original budget, budget revisions, or your forecase budget!
~ Distribute the SMART Program to the Buildings
You can allow access to your building principals, etc., to view their general ledger activity! District must use Responsibility Codes in order to give specific clearance to the building personnel.
~ Accounts Payable Checks
Process multiple check runs using multiple checking accounts with the SAME check date - this is done in the new Accounts Payable Module of the SMART FINANCE package.
~ General Ledger Account Maintenance
Another new module of the SMART FINANCE package - once you convert from WISE to only SMART, you will do all G/L Maintenance through this user-friendly, 1022-conforming module!
