Financial Record System - Kansas State University 2025

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The financial information systems main purpose is to collect commercial and financial data. Any form of data that causes cash inflow or outflow is recorded through FIS.
By offering resources and services to help students succeed, K-States fall 2023 first-year freshman retention rate rebounded to 87.1%. More students have also completed degree programs. K-States six-year graduation rate is the highest in recent history at 70.5%.
FIS is the main repository of data used by UofT for financial management and reporting functions. FIS is comprised of three SAP components.
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K -State Accounting Rankings K -State is in the top 10% of the country for accounting. More specifically it was ranked #123 out of 1,286 schools by College Factual. It is also ranked #2 in Kansas.
Understanding Financial Institutions (FIs) At the most basic level, financial institutions allow people to access the money they need. For example, although banks do many things, their primary role is to take in fundscalled depositsfrom those with money, pool the deposits, and lend the money to others who need funds.
The primary functions of FIS include: Recording of all financial transactions in general ledger accounts. Generating financial reports to meet management and statutory requirements. Controlling overall spending through budgetary controls embedded in the system.
A Financial Information System (FIS) is a software system that helps manage the finances and business aspects of a company. These systems store, process, and analyze financial data, enabling companies to track income, expenses, assets, liabilities, and other financial details in real time.
Kansas State University Former namesKansas State Agricultural College (18631931) Kansas State College of Agriculture and Applied Science (19311959)Endowment$944.9 million (2022)PresidentRichard LintonProvostDebbie Mercer (interim)Academic staff1,40419 more rows

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