Release 1 of the FAST Project is defined as the replacement of the FRS general ledger, FINAPS accounts payable and PURCH purchasing systems currently used by the University of Houston System with the General Ledger, Payables and Purchasing applications in PeopleSoft 7.5 Financials for Education and Government. The goal of Release 1 is to provide a foundation of financial systems from which UHS may provide better service and financial information and more efficient financial transactions.

The first users of PeopleSoft General Ledger will, for the most part, be those in the campus accounting and reporting offices. Staff in decentralized business areas will initially use the General Ledger on an inquiry basis and provide documentation for accounting and budget entries to the central processing offices, similar to the current business processes. Data entry will be distributed as an enhancement following the initial implementation, so that end users can become accustomed to the financial system in phases.

PeopleSoft Purchasing application will replace the current purchasing system (PURCH) and will be available to users in much the same manner as the General Ledger - data will initially be entered by central purchasing departments based on documentation provided by the end users, while the application will be available to the decentralized business staff for inquiry. The Purchasing application will be used during the summer of 2001 for Fiscal Year 2002 purchase orders concurrent with use of PURCH for Fiscal Year 2001 purchase orders. Local entry of requisitions and receiving will be implemented prior to the end of calendar 2001.

FINAPS, the UHS accounts payable system, will be replaced by PeopleSoft Payables. As with FINAPS, initial data entry will be decentralized, giving most end users the first comprehensive experience with PeopleSoft Financials.

Budgetary control will be available from PeopleSoft Financials to the extent that UHS and campus policies and procedures are in place to accomplish this control. No change to the current budget development process has planned as this time.

Other financial systems, including FINPMG, the UHS property management system, and local accounts receivable systems will remain in place until Release 5. Administrative systems that currently record financial transactions in FRS or receive financial data from FRS will interact with PeopleSoft General Ledger.

Last updated: Thursday, November 29, 2001
FAST Project at University of Houston System
Comments to: FAST@uh.edu