Chart of Accounts - Chart U
Identifies a unit of responsibility within the Institution. It defines “who” spends the money. It is the organizational unit responsible for financial activity within the fund. Cost Centers have departments and an “Org” is your department. Example: College of Arts & Letters and the Art and Design Department
Identifies a function and enables the institution to establish a method of classifying transactions across organizations and accounts. It reflects the major purpose of a transaction. Program codes accumulate expenditure information into major categories such as instruction, research, and academic support.
Primarily used within the Fixed Asset Module to signify the physical location of an asset being purchased. Location codes are optional and in addition to the Fixed Asset module are only assigned for specific University Grant transactions.
Used to further define an object of expenditure for a specific event or major activity and may vary in nature. Activity codes are optional and are currently assigned only to transactions related to specific University Grant activities.