Budget Reporting for Administrators
In order to provide you a better understanding of your budget and the financial information you have been authorized to oversee, please visit read the information below about our Chart of Accounts:
- Our Chart of Accounts structure and what it means in terms of processing reports.
- Management reports made easily accessible from the Bear Finance reporting page.
- Other budget query capabilities available through Self- Service Banner (SSB).
Our Chart of Accounts
All budget, revenue, expense, and transfer transactions are recorded by Fund, Organization,
Account, and Program. Funds identify a set of self-balancing accounts and include
hierarchical ownership by Cost Center. Organizations identify a unit of responsibility
and are also hierarchical by Cost Center. Accounts classify the type of transaction.
Programs classify the function or purpose of the transaction. These elements make
up what is often called a FOAP.
For reporting purposes, we have five general categories of funds: Springfield Campus
Operating Fund; West Plains Campus Operating Fund; Non-Operating Funds; Grants and
Projects Funds; and Foundation Funds.
Organizations identify a unit of responsibility and are also hierarchical by Cost
Center.
Accounts classify the type of transaction.
Programs classify the function or purpose of the transaction.
