The 2014 budget version of the Standardized Account Code Structure (SACS) financial reporting software (SACS2014 Budget) is now available on our Web page at http://www.cde.ca.gov/fg/sf/fr/. This version of the software includes only those components necessary to complete the 2014–15 budget reports. A second release is planned for early July 2014 and will include, in addition to the 2014–15 budget components, the 2013–14 unaudited actual and the 2014–15 interim reporting components of the software.
This year our efforts were primarily focused on required changes. The most notable changes relate to the Local Control Funding Formula (LCFF), GASB Statement 63 (GASB 63) and GASB Statement 65 (GASB 65), and modifying the SACS2014 software to mitigate the worst of its incompatibilities with Windows 7. For additional information on the changes made to the software, please refer to the “What’s New” section of the SACS2014 Software User Guide.