Omega: Management of FHD University

The applied solution "Omega: Department of FHD University" is designed to automate the process of planning and budgeting the financial and economic activities of higher educational institutions. Flexible program tools allow you to prepare operational plans, financial budgets, a financial and economic plan (including calculations (justifications)), as well as form managerial and regulated reports.

The program product is designed for financial planning and monitoring the implementation of planned indicators in higher educational institutions with a multidisciplinary distributed structure.

2021: Main functionality of the program "Omega: Management of FHD University"

According to information for May 2021, the Omega: Department of FHD University system is aimed at automating the activities of participants in the budgetary process of the university and users of financial information, in particular:

• financial and economic services,
• Contract Service,
• managements.

The main functionality of the program "Omega: Management of FHD University":

1. Planning and Budgeting:

• preparation of income and expenditure plans both at the University level, bringing the limits to the structural divisions (Central Federal District) and at the Central Federal District level, followed by consolidation of plans at the University level in terms of activities, funding sources, budget items, planning scenarios and other analytical sections, followed by adjustment and versioning,
• flexible configuration of budget structure, various automatic settlements and limits,
• automatic formation of the Revenue and Expenditure Budget (DBB), Cash Flow Budget (DBD), Financial and Economic Activities Plan (PFFD) and budgets of other assignments,
• ability to load data from external sources,
• Assessment of the quality of planning against established indicators and regulations, including comparison of planned and actual data.

2. Monitoring and analysis of financial and economic activities of the university:

• various options for constructing reports: arbitrary, analytical, regulated with the possibility of tabular and graphical display,
• quality control of consolidated data with assurance of data verification up to sources,
• issuance of a set of external regulated reporting for a certain reporting period.

3. Purchasing Management:

• Automatic generation of the procurement plan based on the planned bids of the Central Federal District;
• generation of purchase requisitions,
• control of limits,
• preparation of analytical reports on procurement, etc.

4. Commitment Management:

• recording of contracts concluded, payment plans and contract execution,
• automatic reservation of funds under concluded contracts,
• automatic control of free balances when applying for a contract,
• authorization of expenses,
• analysis of fund balances in the context of any analysts: the entire institution, divisions, Central Federal District, cost items, sources of financing,
• formation of a payment calendar taking into account payment plans of concluded contracts with the possibility of operational rescheduling: splitting of applications, transfer to another date, payment at the expense of other sources (taking into account regulatory restrictions),
• reflecting the fact of performance of contracts and adjusting payments for each contract concluded,
• Calculation of savings resulting from the completion of the procurement process and management of vacant balances.

5. Synchronization and Data Exchange: Exchange data as standard software products on 1C platform:

• "1C: Public Accounting 8" (incl. "Purchasing. Supplement to "1C: Accounting state institution 8"),
• "1C: Salary and personnel of a government institution ,"
• "1C: Workflow ,"
• "1C: State and Municipal Procurement 8 ,"
• "1C: University," etc.
• and with other information systems.

6. Additional features:

• development of procedures for coordination and approval of documents in accordance with approved budgeting regulations,
• differentiation of access rights,
• loading and updating data of external classifiers, recording and updating data of own reference sections, etc.