Transcript Document
Compare UF’s master data codes currently used in FLAIR to… The new ChartFields required by PeopleSoft starting July 2004 Make up the backbone of UF’s new accounting system Provide a common language for identifying transactions Take the place of the master codes currently used in FLAIR FLAIR—the Florida Accounting Information Resource System—was developed to handle governmental accounting for all state of Florida agencies Based on standard codes used to classify organizational structure, budget entities, object codes, etc. As a result of the elimination of the Board of Regents (January 2003), UF now functions autonomously from other state agencies As a public corporation with local employer status Instead of using FLAIR, UF will begin using our own accounting system based on PeopleSoft software Starting in June 2004 In anticipation of … July 1, 2004 “go live” Like FLAIR, PeopleSoft also uses standardized numbers— called “ChartFields” So, let’s review our current master codes Then compare them to what will be used in PeopleSoft UF’s current organizational code is an 11-digit number containing five levels L1 L2 L3 49 Two digits 10 Two digits Two digits Two digits Three indicating indicating digits assigned to used to all designate universities “UF” by the state of Florida your college L4 your department L5 indicating an additional subdivision in your department FLAIR also requires 6-digit category and object codes that classify budget, revenue, or expenditure by category Object Code For example, 110000 Description For example, Salary and Wages Category Code For example, 010000 Description For example, Salaries Expansion options (EOs) describe the source of revenue and the function of the expenditure First Digit Second Digit Indicates the source of revenue— Usually indicates the function— For example, 0 = E& G General Revenue, or state money For example, 1 = instruction Above, the EO is 01 for General Revenue Instruction FLAIR relies on screens like this where master codes (organizational codes, object codes and expansion options) are entered 6SI2 6S-ENC. SUBSIDIARY LEDGER - SINGLE INQUIRY EN-NO LINE MBI F L1 L2 L3 L4 L5 EO VR OBJECT PPI E I68133 0001 B 98 10 54 06 001 01 01 380004 ..LINE AMOUNT. 5.00 EN-GL 94100 VENDOR-ID 982083301174890080010 EN-EGL SUB-VENDOR-ID BF-CAT 001903 BF-YR 00 VENDOR NAME TEST TRUST ..QUANTITY.. PID EN-DT RCV-DT 06/16/1992 CAT YR CF NCF GL EGL EOB ECAT 040000 00 71100 GF SF FID BE IBI 10 8 000210 48900100 10 MC 06/22/2001 08:45:50 DESCRIPTION OFFICE SUPPLIES EP GRANT EF STATE-PROGRAM 0302010001 000000 GY AC-DT 06/16/199 CNTRT CY PROJECT ID OCA AU B0690 01 RVL BF-ORG BF-EO BF-OB 98105401251 63 010002 NEXT: TYPE SEL L1 L2 L3 L4 L5 EN-NO LINE PPI CAT VENDOR-ID BF-ORG BF-EO 98 10 Enter-PF1---PF2---PF3---PF4---PF5---PF6---PF7---PF8---PF9---PF10--PF11--PF12-CONT MINI MAIN RFRSH TOP FWD You’ll use ChartFields in PeopleSoft for all of your financial transactions, such as: Requisitions Purchase and change orders Travel and expense Accounts payable/Vouchers Payroll distributions PCards Budget Revenue transactions Using the following ChartFields instead: Business Unit SetID Department ID Fund Code Program Code Account Source of Funds Budget Reference Dept Flex Project EmplID CRIS Using screens that look like this: Notice the term “ChartFields” Or a screen like this … In this case, the actual ChartField, “Business Unit,” is named You can easily find the right ChartField value to use … By clicking on the magnifying glass “view icon,” which will be provided on most PeopleSoft screens By visiting www.bridges.ufl.edu/transition/ Or by using PeopleSoft’s “Tree Manager” functionality Whenever a magnifying glass is provided in PeopleSoft, you may “click” on this “view icon” for a list of options/values from which to choose After clicking on the magnifying glass icon, a list of available values will be provided In this case, the only value available to choose for this “Business Unit” ChartField is “UFLOR.” To select it, you would “click” on “UFLOR” In other cases, a list of values would be provided from which to choose Look for the “Tree Viewer” function under “Tree Manager” on your PeopleSoft menu Rollup trees, available under “Tree Manager,” also will be a useful place for you to view values. Here, department IDs are listed. Other “trees” also are available Values used in your required ChartFields will vary based on: What’s assigned to your department as well as … The fiscal activity So, given that, what do these ChartFields represent? Business Unit SetID Department ID Fund Code Program Code Account Source of Funds Let’s start by Budget Reference discussing these two Dept Flex Project EmplID CRIS The following two ChartFields typically work together to designate the University of Florida as our “business unit”—just like “L2” did under FLAIR’s organizational code Business Unit SetID In this case, the value for both is UFLOR ChartField Name Description Use This! Business Unit University of Florida UFLOR University of Florida UFLOR Established at UF as one legal entity for reporting and auditing purposes SetID Defines accounting structure and rules used in PeopleSoft Default value for General Ledger and Accounts Payable transactions. Purchasing will use a different value. Another default value For Purchasing transactions, the Business Unit ChartField is handled differently Business Unit = The first four digits of your Department ID (DeptID) But SetID is still the same SetID = UFLOR ChartField Name Description Business Unit University of UFLOR For Purchasing transactions, thefor Default value Florida Established at UF as one legal entity for reporting and auditing purposes Use This! General Ledger and Business Unit ChartField should Payable be populated by the Accounts first four digits transactions. of your department ID, or “DeptID” Purchasing will use a different value. SetID Defines accounting structure and rules used in PeopleSoft University of Florida UFLOR Another default For Purchasing transactions, the value Set ID ChartField will still be UFLOR Remember: Whenever a magnifying glass is provided in PeopleSoft, you may “click” on this “view icon” for a list of options/values from which to choose After doing so, a list of available values will be provided. For example, here’s a list of values to use in the “Business Unit” ChartField related to Purchasing transactions Note: You won’t always have to select a value using this process. In many cases the “right” value will be listed by default on your screen based on your security Let’s review the remaining ChartFields, starting with “Department ID,” or DeptID that we’ve already introduced DeptIDs have eight digits They are required for PeopleSoft transactions They’re used to identify your organizational structure Department IDs identify which department is “responsible” for the fiscal activity Your dean, director, or department chair worked with the UF Bridges Office to determine the department IDs to be used by your area ChartField Name Dept ID College or Department Eight Digit Code Indicate the major department within a college or unit Used to represent organization structure and to designate the accountable unit—For example, the Department of History or Finance and Accounting First four digits 99999999 It is similar to L3 in FLAIR For Purchasing transactions, you’ll use these first four digits in the Business Unit ChartField to identify your department Next, let’s review the threedigit “Fund Code” ChartField. It’s a required field in PeopleSoft It answers the question “From where does your department’s money come?” There are 65 Fund Codes from which to choose ChartField Name Description Use This! Fund Code Three Digits —For example, state, auxiliary, agency, sponsored research —For example, 101—E&G General Revenue, Main Campus 201—C&G Federal Restricted Select the correct Fund Code From the list provided in PeopleSoft or see www.bridges.ufl.edu/ transition The four-digit “Program” ChartField also is required for Revenue and Expense accounts This ChartField answers the question “Why are you doing the action?” It identifies a function: For example: Instruction, Research, or Public Service ChartField Name Program Code Four Digit Code Select from the list provided in PeopleSoft Follows expense classifications provided by NACUBO National Association of College and University Business Officers First Two Digits Represent the program as reported externally 9999 The six-digit “Account” ChartField answers the question “What are you doing?” It, too, is a required ChartField It is similar in function to the Object Code in FLAIR ChartField Name First Digit Account Indicates account type Six digits used to represent classification of activities— not originating source or purpose of activity Select from the list provided in PeopleSoft 1. Assets 2. Liabilities 3. Fund Equity 4. Revenue, Operating 5. Revenue, Non-Operating 6. Expenses, Personnel Operating 7. Expenses, Other Operating 8. Expenses, Non-Operating 9. Statistics & Self-Balancing Now, let’s look at the “Source of Funds” ChartField It is required for grant-funded transactions or for transfers from Direct Support Organizations It answers the question, “Who’s filling your ‘funding bucket’?” The “Source of Funds” ChartField identifies the outside funding source It will be used to provide accountability to donor agencies ChartField Name Description Source of Funds Used for UF Foundation funds, grants, DSOs Seven-digit alpha-numeric field used to identify outside funding source and to provide accountability to donor agencies Select from the list provided in PeopleSoft For example, G000010—NIH G000030—USDA “Budget Reference” is a default ChartField It will be populated as a result of the information you’ve provided, but you can change it as needed It answers the question “When is the activity happening?” ChartField Name Budget Reference Description Use This! Current CRRNT Default value on all Identifies components transactions and of state appropriations represents the current year state appropriation budget Carry Forward Those amounts encumbered on state funds in prior years and brought forward into the current year CYFWD ChartField Name Budget Reference, continued Identifies components of state appropriations budget Description Use This! Prior Year Encumbrance PYENC Represents those amounts encumbered on state funds in the prior year and brought forward into the current year (the new fiscal year) until the transactions are complete There are some ChartFields in PeopleSoft that are “optional” Dept-Flex Can be used by your department for your own reporting/budgeting requirements There are some ChartFields in PeopleSoft that are “optional” Employee ID (EmplId) While required for some transactions, this ChartField is optional for others For example, as an option, you also may track fiscal activity by employee if you want ChartField Name Dept Flex Ten digits for departmental use First Four Digits Last Six Digits Represent the higher level Department Number Should classify the unique departmental activity May use digits or letters EmplID Eight digit numeric field Corresponds to the UFID Lastly, some ChartFields are used under some specific circumstances CRIS (Current Research Information System) Will be required by IFAS for research and extension transactions Lastly, some ChartFields are used under some specific circumstances Project Is used in conjunction with grant funding and construction ChartField Name CRIS Required for IFAS, optional for Veterinary Medicine, unavailable to all others Project Eight digit alpha-numeric field Definition Designed to meet the unique federal reporting requirements for these units that cross funds, departments, and projects Allows for segregation and tracking of project and grant activity not tied to the fiscal year ChartFields: Make up the backbone of UF’s new accounting system Provide common language for Now, a let’s take an identifying transactions “At a Glance” Review Take the place of the master codes currently used in FLAIR Chartfield Length Format Chartfield Structure Description Required/Not Business Unit/SetID 5 Alpha/ Numeric Required (Default) University of Florida (UFLOR)* *Except for purchasing transactions. The Business Unit for these transactions will be the first four digits of your DeptID Department ID (Dept ID) 8 Numeric Required (Input) Accountable Unit (Ex: Department of History Or Finance & Accounting) Fund 3 Numeric Required (Input) State, Auxiliary, Agency, Sponsored Research, etc. Program 4 Numeric Required (Input) Functional Expense Classification (Ex: Instruction, Research, Admin) Account 6 Numeric Required (Input) Classification of Activity (Similar to FLAIR Object Code) Source of Funds 8 Alpha/ Numeric Required for Sponsored Programs, MG&G, Agency, and Student Fin Aid Identifies Outside Funding Source Used to Provide Accountability to Donor Agencies There are more … Chartfield Structure Chartfield Length Format Required/Not Description Budget Reference 5 Alpha/ Numeric Required (Default) Differentiates Current from Other Dept Flex 10 Alpha/ Numeric Optional (Required for Student Financial Aid Funds) Use Defined by Accountable Unit Used to Provide Further Classification of Activity Employee ID 8 Numeric Required for Some Transactions/ Optional for Others Corresponds to UF ID Provides Ability to Track by Person CRIS 6 Alpha/ Numeric IFAS Only For Research and Extension Transactions Project 8 Alpha/ Numeric Required for Sponsored Research & Construction Activity Not Tied to Fiscal Year (Ex: Sponsored Research Grant or Construction Project) True or False? PeopleSoft will replace FLAIR at UF True False I have no idea Which of the following is a PeopleSoft ChartField? Account Program Fund Department ID All of the above None of the above “Carry-forward” budget will be identified by which PeopleSoft ChartField? Fund Project ID Department ID Budget Reference Program Which ChartFields are required on all transactions in PeopleSoft? Source of Funds Account Program Project ID Fund Department ID Budget Reference Today we reviewed our current master codes Then compared them to what will be used in PeopleSoft You’ll learn more about ChartFields in hands-on training For more information, visit www.bridges.ufl.edu