FI$Cal Functionality: Wave 1
• Use of General Ledger
• Statewide Chart of Accounts (COA)
• Procurement and Accounting Functions
• FI$Cal becomes the primary departmental accounting, procurement, and budgeting System for Wave 1 Departments
• FI$Cal becomes the System of Record for budget data for the Department of Finance
• Monitor and forecast cash requirements
• Automatic accounting entries and bank reconciliations
• Spend analysis and asset management
• Plus existing functionality established in Pre-Wave
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