What This Process Does


  • This process is used to create new balance sheet codes and year masters for a new fund in mass.
  • The Chart of Accounts is also updated with the:
    • Fund Number
    • Name
    • Description


Create New Fund with Standard Balance Sheet Codes


  1. Finance → Financial Management → Setup → Financial Management Setup → Create New Fund w/ Standard B/S Codes
  2. Populate the fiscal year, name and description of the fund being created.
  3. Range appropriately if necessary.
  4. Click Write to Database to create the fund.


FIELDSOpt.Rec.Req.Description
Fiscal Year——♦The fiscal year where the fund will be created
Fund——♦The numerical character assigned to the fund
Fund Description♦——The description of the fund being created
Range Criteria♦——Range accordingly if necessary
Opt. = Optional  Rec. = Recommended  Req. = Required


Fund Reporting


  • In order to run and view the G/L by Fund Report and G/L by Group Report the new fund must have a group that its associated with and a definition assigned.