Guideline on Common Financial Management Business Process 3.2 – Manage Travel

Long description for image: Figure 13. Level 1 Model of Financial Management

This figure depicts the Level 1 process flow for common financial management business processes, using six chevrons placed in three layers.

The top layer is a chevron labelled Planning, Budgeting and Forecasting Results and Performance Reports.

The centre layer is a row of four chevrons, each representing subsequent steps of the high-level financial management business process. The four steps are Need Identification; Obligation; Performance, Validation and Certification; and Payment. These four steps are further explained in two views—one from the Revenue perspective, the other from the Expenditure perspective.

From the Revenue perspective:

• Need Identification is indicated by the request;
• Obligation is the recognition of the obligation;
• Performance, Validation and Certification is indicated by the invoice; and
• Payment is indicated by the deposit.

From the Expenditure perspective:

• Need Identification is indicated by expenditure initiation;
• Obligation is the recognition of the obligation;
• Performance, Validation and Certification is indicated by section 34 of the FAA; and
• Payment is indicated by section 33 of the FAA.

The bottom layer is a chevron labelled Master Data, Integration, Control and Monitoring.

Note: FAAs. 34 refers to section 34 of the Financial Administration Act, and FAAs. 33 refers to section 33 of that Act.

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