Updated Guidance on Allowable Uses of Finance Internal Transfer System (FITS)

The Finance Internal Transfer System (FITS) was recently released with support for an internal billing module, designed to facilitate new internal transfers (recharge) only. This tool replaces the recharge template that was previously submitted via Help Desk ticket.

Some recent guidance stated that FITS could be used for cost transfers in certain situations. After review, it has been determined that, at this time, audit risks prohibit the use of FITS for purposes beyond its original intended design.

Effective immediately, cost transfers of any kind should not be submitted using FITS. Transactions submitted using FITS for purposes other than internal transfers will be rejected. FITS KBAs have been updated to reflect our current guidance.

We continue to review user feedback and campus needs as we look to expand FITS functionality in the coming years, and we look forward to sharing more about the future of FITS as the roadmap evolves.

You can find full documentation for FITS here.

If you have any questions, please contact the Aggie Enterprise Help Desk.