Skywards Account Structure Fund Types
…in Skyward
…in Skyward
Number of digits
Number of digits
The three funds primarily used by schools and departments are:
1110 – General Fund
4110 – Food Services Fund
4210 – Special Revenue Fund
There have been no changes made to the Fund component in Skyward.
Type
Type
is the alphabetical letter that represents class description.
A = Asset
L = Liability
Q = Equity
R = Revenue
E = Expense
Function
Function
is the action or purpose for which a person or thing is used or
exists. The one substantive difference in Skyward is that function
6510
is now
6500
. A few examples of the major function areas include:
•
Instruction (i.e. 5100, 5200, 5300, 5400, 5500, 5900)
•
Instructional Support (i.e. 6110, 6200, 6400, 6500)
•
General Support (i.e. 7300, 7600, 7730, 7800)
Object
Object
is the service or commodity obtained as the result of a specific
expenditure. There have been no changes made to the object
component in Skyward. A few examples of major object categories
include:
•
Salaries (i.e. 0111, 0131, 0151, 0161)
•
Employee Benefits (i.e. 0210, 0220, 0231, 0240)
•
Purchased Services (i.e. 0310, 0332, 0371, 0394)
•
Materials & Supplies (i.e. 0510, 0520, 0550)
Facility
Facility
is the Skyward term for a cost center. It represents schools,
departments, building facilities, and outside agencies. A list of
facilities is available on the Budgeting department’s homepage.
Project
Project
numbers represent the areas where funds are budgeted. A list
of project numbers is available on the Budgeting department’s
homepage. In Skyward, the project number is 5 digits long with the 5
th
digit being a zero.
•
Example: 5303 = 53030 in Skyward
The
SubProject
SubProject
component represents the fiscal year of the project. In Skyward,
the subproject number is 5 digits long with the 5
th
digit being a zero.
•
Example:
Example:
In our current system, a project with a “2” in the last digit of the project
number = 20120 in the subproject field in Skyward
For projects that typically have a “0” year code, the subproject will remain all zeros;
however, there are a few projects that have a “0” year code which signifies a 2010
year project, and in Skyward, these projects have been converted to 20100 in the
subproject field.
•
Example:
Example:
In our current system, a project with a “0” in the last digit of the project
number = 00000 in the subproject field in Skyward (20100 for a few select projects).
Presently, the
Program
Program
component will be filled with 5 zeros.
Example 1:
Example 1:
To purchase
supplies
(Object) for a
basic
(Function) fourth grade
classroom from the
regular
operations
(Project) of
Jim
Allen
Elementary
(Facility)…
Example 2:
Example 2:
To purchase a
computer
(Object) with a purchase price over $1,000.00
for a
basic
(Function) kindergarten classroom from Title I (Project) of
Beulah
Elementary
(Facility)…
- Skywards Account Structure Fund Types provide a detailed breakdown of funds, types, objects, facilities, projects, subprojects, functions, and programs in Skyward. The three primary funds used by schools and departments are outlined, along with the alphabetical letter representations for class descriptions. The function areas and major object categories are also explained.
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Presentation Transcript
Skywards Account Structure Fund Type Object Facility Project SubPrj Function Program (4) (5) (5) (4) (1) (4) (4) (5) Number of digits
Skywards Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) The three funds primarily used by schools and departments are: 1110 General Fund 4110 Food Services Fund 4210 Special Revenue Fund There have been no changes made to the Fund component in Skyward.
Skywards Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) Type is the alphabetical letter that represents class description. A = Asset L = Liability Q = Equity R = Revenue E = Expense
Skywards Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) Function is the action or purpose for which a person or thing is used or exists. The one substantive difference in Skyward is that function 6510 is now 6500. A few examples of the major function areas include: Instruction (i.e. 5100, 5200, 5300, 5400, 5500, 5900) Instructional Support (i.e. 6110, 6200, 6400, 6500) General Support (i.e. 7300, 7600, 7730, 7800)
Skywards Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) Object is the service or commodity obtained as the result of a specific expenditure. There have been no changes made to the object component in Skyward. A few examples of major object categories include: Salaries (i.e. 0111, 0131, 0151, 0161) Employee Benefits (i.e. 0210, 0220, 0231, 0240) Purchased Services (i.e. 0310, 0332, 0371, 0394) Materials & Supplies (i.e. 0510, 0520, 0550)
Skywards Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) Facility is the Skyward term for a cost center. It represents schools, departments, building facilities, and outside agencies. A list of facilities is available on the Budgeting department s homepage.
Skywards Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) Project numbers represent the areas where funds are budgeted. A list of project numbers is available on the Budgeting department s homepage. In Skyward, the project number is 5 digits long with the 5th digit being a zero. Example: 5303 = 53030 in Skyward
Skywards Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) The SubProject component represents the fiscal year of the project. In Skyward, the subproject number is 5 digits long with the 5th digit being a zero. Example:In our current system, a project with a 2 in the last digit of the project number = 20120 in the subproject field in Skyward For projects that typically have a 0 year code, the subproject will remain all zeros; however, there are a few projects that have a 0 year code which signifies a 2010 year project, and in Skyward, these projects have been converted to 20100 in the subproject field. Example:In our current system, a project with a 0 in the last digit of the project number = 00000 in the subproject field in Skyward (20100 for a few select projects).
Skywards Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) Presently, the Program component will be filled with 5 zeros.
Example 1: To purchase supplies (Object) for a basic (Function) fourth grade classroom from the regular operations (Project) of Jim Allen Elementary (Facility) Skyward s Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) 5100 00000 1110 E 0510 0031 01080 00000
Example 2: To purchase a computer (Object) with a purchase price over $1,000.00 for a basic (Function) kindergarten classroom from Title I (Project) of Beulah Elementary (Facility) Skyward s Account Structure Fund (4) Type (1) Object (4) Facility (4) Project (5) SubPrj (5) Function (4) Program (5) 5100 20120 4210 E 0643 0941 53030 00000
