UAFR - C-FOAPAL Quick Guide
C – Chart:
A one-digit code for a University or major accounting entity used to facilitate financial reporting.
1 = Urbana/Champaign
2 = Chicago
4 = Springfield
9 = System Offices
F – Fund:
A Fund maintains a Fund balance and a cumulative record of the sources and uses of monies.
O – Organization:
A segment of the C-FOAPAL accounting string used to identify a functional reporting unit (such as a school, college, or department) with discrete financial activities.
Level 1: University
Level 2: Administrative Rollup
Level 3: College
Level 4: School/Sub-College
Level 5: Department Rollup
Level 6: Department / Sub-Org
Level 7: Sub-Org User Defined
Level 8: Sub-Org User Defined
A – Account:
A code representing revenue, expenditures, asset, liability, equity, and transfers.
Account Types
|
Lev 1 |
Description |
|---|---|
|
1 |
Expenditures |
|
2 |
Labor |
|
3 |
Revenue |
|
4 |
Transfers |
|
5 |
Assets |
|
6 |
Liabilities |
|
7 |
Fund Balance |
|
8 |
Control Accounts |
P – Program:
A segment of the C-FOAPAL accounting string that determines the use of monies at the expenditure level. Program designates NACUBO functional classifications such as instruction, research, public service, institutional support and sub-classifications. Also, Program codes can be used by units to group similar activities that are ongoing or span more than one year.
A – Activity (Optional):
A C-FOAPAL segment for use in tracking non-budget control financial activities. The activity is usually short in duration.
Units may request that certain activity codes be established or use one of the predefined generic codes: EVNT1, PROF1, PROF2.
L – Location (Optional):
A segment of the C-FOAPAL string primarily used with, but not limited to, the Fixed Asset module to designate physical places or sites, such as building and room number.