Information Management by Design

For over 25 years, universities and research institutions have depended on the information reported by Priority Software BA.

With BA, you get the highest quality area management system available with a wealth of powerful features at an extremely reasonable price. Whether you are a one person office in need of a tool to empower you over your many tasks or an area administrator looking for a cohesive solution for your staff, BA is the answer.

Financial Management / Budget Forecasting

BA is not a shadow accounting system. It is youraccounting system. The BA database becomes the baseline which you reconcile with your institution’s financial system in much the same way you reconcile your checkbook against the bank’s statement. The Reconciliation Wizard is designed specifically to provide a financial management tool used to budget, monitor, and forecast all your monies including state, federal, income, contract and grant dollars. Reconciliation is a very straight forward process. Much of the labor intensive process has been automated and reduced to mouse clicks. Once the books are reconciled, you can close out the month which publishes the financial statements for that month’s close to the Document Storage system. This proves providing an electronic version of the month-end closing documents are accesable via the web. Should you or your faculty need to view these documents, they can be instantly pulled from the document database.

Accounting Features

• Indirect cost rate schedules with automatic ICR transaction completion
• All BA modules are fully integrated and work together seemlessly to eliminate duplicate data entry
• Account responsibility structure reflects multi- tiered organizational chart
• Budget module provides month-to-date / year- to-date variance reporting
• Automatic reconciliation of BA Transaction with your Institution’s Accounting System
• Sub-Account (Project) Level Accounting implemented throughout BA
• Transaction import provides highly automated and sophisticated reconciliation of central administration’s G/L and A/P data.
• Access can be restricted by user / group levels to Full, Delete, Change, Read-Only or No Access.
• Comprehensive Reporting with Extensive Variations

Financial Transactions

• Financial Transactions
• Initial Budget
• Carry Forwards
• Budget Amendments
• Projected Revenues
• Actual Income
• Encumbrances
• Expenditures
• Holdbacks
• Direct Expenses
• User Defined

Reconciliation / Monitoring

The BA Reconciliation Wizard is not only automated — it's automatic. Your institutional data is imported into BA automatically resulting in alerts for those transactions which conflict with your business rules.

• Transaction Import from your Institution
• Reconciliation Tool which auto-reconciles BA to Institution
• Monthly Reports “Snapshots” are Saved
• Full Payroll and Accounting security

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