Section 11860 Of Article 2. Development And Implementation Of Fiscal From California Government Code >> Division 3. >> Title 2. >> Part 1. >> Chapter 10. >> Article 2.
11860
. (a) To serve the best interest of the state by optimizing
the financial business management of the state, the Department of
Finance, the Controller, the Treasurer, and the Department of General
Services shall collaboratively develop, implement, utilize, and
maintain the FISCal system. This effort will ensure best business
practices by embracing opportunities to reengineer the state's
business processes and will encompass the management of resources and
funds in the areas of budgeting, accounting, procurement, cash
management, financial management, financial reporting, cost
accounting, asset accounting, project accounting, and grant
accounting.
(b) (1) All state departments and agencies shall use the FISCal
system, or, upon approval from the office, a department or agency
shall be permitted to interface its system with the FISCal system.
The FISCal system is intended to replace any existing central or
departmental systems duplicative of the functionality of the FISCal
system.
(2) The FISCal system shall first be developed and implemented
with a select number of state departments and agencies, as selected
by the office. Once the FISCal system has developed end-to-end
processes that meet the financial management needs of the state and
has been determined by the office to be effective, operationally
efficient, and secure, the FISCal system shall be further
implemented, in phases, as more fully described in the approved
FISCal project documents, at all remaining state departments and
agencies.