Financial Information System

The Financial Information System, or FIS, is the official accounting system of Kansas State University. Through FIS individual financial transactions relating to budgets, receipts, disbursements, and transfers are accumulated to provide summary and detailed reports to assist in the financial management of the University. This financial information is also reformatted and submitted to the Statewide Management, Accounting and Reporting Tool (SMART) for inclusion in statewide financial records. The goal of FIS is to provide accurate, useful financial information to assist managers in making decisions with respect to their fiduciary responsibilities while meeting state requirements. The system operates under the direction of the Assistant Vice President for Division of Financial Services though it relies on detailed information from many areas and individuals on campus. Hence it is critical that each area and individual understand responsibilities and the results of actions taken with respect to the accounting system.

Departments are encouraged to utilize the system for their reporting needs rather than restructure, or reprocess the data through mini-unit automated systems. Through a thorough understanding of FIS, the user will derive the maximum benefit from the system. This understanding, combined with timely input of financial data, will result in more useful financial reports.