General Ledger Standard

Medium

Purpose

Standardize the solution to provide the enterprise with the ability to manage general ledger.

Standard

  1. PeopleSoft Financials and Supply Chain Management (FSCM) from Oracle; will be used to fulfill general ledger business needs.

Definitions

General Ledger - A general ledger represents the record-keeping system for a company's financial data with debit and credit account records. The general ledger provides a record of each financial transaction that takes place.

Scope

This standard applies to all executive branch state agencies including the University Systems Office but excluding other higher education institutions, i.e. campuses and agricultural and research centers.

Statement of Commitment

North Dakota's CIO/CTO directs that IT Policy be created to establish statewide information technology policies and standards as defined within ND Century Code (Chapter 54-59-09).

Non-Compliance

Non-compliance with this standard shall be reported to the Office of the State Auditor.

Revision Number: 1
Revision Date: 2021-04-06
Effective Date: 2021-04-06
Last Reviewed: 2024-09-13
Number: POL0020174