wraytogo wrote:1. A new back end financial system (CUBS) is being created which will eventually make the need for reconciliation unnecessary. MLS and the new back-end system will have two-way communication allowing confirmation of data to be received in MLS.
Hooray. That does sound lovely. I wonder how long "eventually" is. So long as it precedes the introduction of the new financial statement, that would resolve my previous objections.
wraytogo wrote:2. The intent of the new monthly statements is to report financial activity with action or follow-up items as indicated in the report. When reconciliation will no longer be necessary, the new statements purpose will be to act as a detailed report of action and follow-up items.
Concentrating on items that truly are "action items" sounds like a good focus in general.
It does seem that some of the content goes beyond that principle, although that may also be part of the intent. I am thinking of the detailed summaries by budget and expense category. Similar reports are already available on demand within MLS, and heretofore not even stakes have routinely managed budget spending in such detail. So seeing that in a report from Salt Lake may strike some as micromanagement from the top. Whether that is desirable is a question above my pay grade as finance clerk.