Understanding Chartfield and Fund ID Codes for Accounting Transactions
Explore the detailed guidelines on building a chartfield string and identifying fund sources using specific codes. Learn how operating units and funding types are distinguished within the accounting system for effective financial management.
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Understanding Chartfield Strings in University Financial Management
Chartfield strings play a crucial role in organizing university financial data to track revenue and expenses effectively. They consist of various components like business unit, fund, department, program code, and more, each serving a specific identification purpose. By utilizing chartfield strings,
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Understanding Allocations in Financial Management
Allocations are used to distribute monetary or statistical amounts across various funds, departments, products, or ChartField defined in PeopleSoft General Ledger. The process involves defining allocation types, pools, bases, targets, and offset entries. Different allocation types such as Copy, Spre
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