This page contains links to information that you can use to make better financial decisions, minimize risk, maximize revenue and improve the overall process of managing University assets.

Enterprise Financial System to Go Live July 1, 2008

The University of Minnesota will soon have a new financial system. The PeopleSoft financial system will replace and integrate virtually all the University’s financial systems on all campuses in July 2008: CUFS, Financial Forms Nirvana, Electronic Grants Management System internal (EGMSi), JD Edwards, and a variety of subsidiary and redundant systems. The new financial system also will be used for financial reporting and financial data retrieval, replacing the financial reporting and data currently provided by the Data Warehouse, UM Reports, and Financial Reports on the Web. The new system will be used for budget preparation beginning in fiscal year 2010. About 3,000 financial system users are participating in a comprehensive training and competencies program.

Enterprise Financial System

The Annual Report

View the 2007 Annual Report and Financial Statements are available online (December 17, 2007).

View previous annual reports:

Annual A-133 Reports

View the 2007 A-133 Audit Report online.

View the 2006 A-133 Audit Report online.

Controller's Office News

Important Credit Card Information
If your department or College accepts credit cards as a form of payment, it is essential that you know about the Payment Card Industry Data Security Standards. For more information go to Visa's website or External Sales.

Employee Expense Worksheet UM 1612
An enhanced worksheet is available in the Forms Library in both a Word and PDF version.

New Job Aids
There are new job aids for paying individuals and professional service providers.

A New FAQ on Payments to Human Subjects
To assist with understanding of compliance with privacy and IRS regulations when making payments human subjects payments Disbursement Services has developed a FAQ. It addresses common questions related to such things as payment options, vendor codes, HIPAA, documentation, object codes and taxes.

Full Text Search on Financial Policies
Now a full text search is available on U-wide financial policies. This full text search can be found in the left column of the U-wide Policy Library.

For Controller's Office Staff

Request technical/desktop support

Computer Handbook

UWide Libraries Maintenance Site