Concordia's Chart of Accounts
Overview
Banner's accounting string consists of six elements referred to as the FOAPAL (Fund, Organization, Account, Program, Activity, and Location). The Each element is brisfly defined below:
- The Fund Code represents the source of funding. Where is the money coming from?
- The Organization Code is the departmental/budgetary subdivision involved. Who is spending/receiving money?
- The Account Code represents the asset, liability, equity, revenue, expenditure and/or transfer account classification. What is money being spent on or received for?
- The Program Code represents further detail on the type of fund or organization involved in a transaction. Program Codes will be used by the General Accounting department to produce Financial Statements.
- The Activity Code is optional and is used to offer futher detail on the reasons for a transaction.
- The Location Code is also optional and is used to track the location of assets and will only be used with the Fixed Assets module.
For a more detailed explanation of Banner's accounting string, please click here.
Concordia's Chart of Accounts
Click on the following links to view elements of Concordia's new Chart of Accounts.
Translation table from CUFS to Banner
Want a quick way to translate an old CUFS accounting string into a Banner FOAPAL string? Please click HERE...
Back to the Concordia SCT Home Page
Back to Concordia Univesity's Home Page
This page last updated on December 19, 2000