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One of the major benefits of FIS Banner is that it interfaces with several other University systems, including the Payroll/Personnel System, the Academic Information System, the Budget System, and the Office of the President. Since FIS Banner is able to interface with such a wide variety of systems, the University is able to utilize and disperse accounting information throughout the campus.
FIS Banner was developed as a financial data management and reporting system. Using fund accounting, the University tracks monies it receives from various sources (state, federal, students, public, etc.) and accounts for how those monies are used.The FIS system contains several modules to record the inflow and outflow of money. They are the General Ledger, Operating Ledger, Stores Inventory, Purchasing and Procurement, Accounts Payable, and Fixed Assets.Each of these modules operates as a totally integrated sub-system of FIS, ensuring the compatibility of all the modules. This compatibility eliminates problems that are found in independently developed software systems common at other universities.Each module provides both printed reports and the ability to view detail and summary information on-line. This ability both to enter information on-line and to inquire about transactions on-line is a valuable feature of FIS.
One of the major benefits of the FIS system is that it interfaces with several other University systems. These systems include the Payroll/Personnel System, the Academic Information System (AIS), the Budget System (FMW), departmental recharge systems and the Office of the President. Since FIS is able to interface with such a wide variety of systems, the University is able to utilize and disperse accounting information throughout the campus. 1e1e36bf2d