There are three types of fund records:
Each campus can set up a financial structure that mirrors their local budget structure. The fund hierarchy should be as simple as possible to streamline ordering; additional information can be included in POLs using the order reporting codes.
Example 1: Budget is separated by schools or departments, then subject areas
Example 2: Fund structure is based on funding sources
To find fund records:
What's in a fund/ledger record?
With just a few clicks you can see a large number of related records within the Acquisitions infrastructure.
You can also do this sequence in reverse, starting with an invoice and following the funds path back up to the ledger. It's a convenient way to see the impact of any single purchase on a budget.
For Allocated Funds
For Summary Funds and Ledgers
You can not add money to Summary Funds or Ledgers. Instead, you move the necessary Allocated Funds to the desired Summary Funds or Ledger.
After the initial set-up or migration, adding additional ledgers and funds is straightforward. Make sure you have all the information you'll need to enter available to you before you begin.