2016-17 Annual Report

Accounting & Finance

• Managed Division budgets in aggregate of approximately $300 million. • Approval of rates for several divisions for FY 2016/17. • Accounts Payable processed over 36,000 vendor invoices, of which approximately 21,000 were interfaced. • Accounts Receivable processed over 1,900 General Ledger journals. • Accounts Receivable processed over 1,900 PeopleSoft AR Billing Module items. • EDA took over the responsibility of the operations of community centers from the Parks Dept. This resulted in assuming the fiscal responsibility and acquiring a new budget unit to manage. • EDA Water Services concluded their services to the residents of Wildomar and transitioned the accounts to Elsinore Valley Municipal Water District and Eastern Municipal Water District. • Analytics division established 829 new projects for FM and 401 for EDA. • Deployed efficiency retrofits for the CRM Contracts Module, Purchase Requisition Module. • Deployed the new CRM Project Accounting Module in preparation for automated Project Billing system. • Established repository of CRM training material and recordings on SharePoint. • Designed a SQL database tool for the purpose of managing the Project Cost AR Aging report. • Continued the transition of vendor invoice processing to a paperless Electronic Data Interchange. The Accounting & Finance Division provides services to several departments in EDA. Division functions include budget development, budget tracking and monitoring, cost accounting, accounts payable, accounts receivable, asset and inventory tracking, rate development, financial advisor and audit support, as well as systems accounting and administration. WHAT WE DO

11,919 Purchase orders processed. $1.2 million cost reduction of workplace injury liability claims. 36,000 number of vendor invoices processed.

ADMINISTRATIVE SERVICES

33