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Finance 101 for WCC

Author: Jessica Woolley
Across
"F" in FOAP
The Enterprise Resource Planning (ERP) software we use; used by 1,400 institutions in 40 countries.
Identifies the school/college/division and/or department and designed to reflect the current University organization structure
"O" in FOAP
Where you can look in the phase to see the date when charges hit the phase account (two words)
This AiM funding method looks at the property account set up
"A" in FOAP
This AiM funding method looks at the phase shop account set up
Down
Has 6 digits
Identifies the type of transaction activity, such as revenue and expense; example is "repair & maintenance," or "office supplies"
This field in the phase will "lock up" funds in the phase account; not actual charges
"P" in FOAP
Has 5 digits; some people call this "department"
a general ledger on-line look-up tool that can be accessed via insideND. Glez is intended to provide easy access to financial information by offering a single source for all account information.
Automatic process that takes financial information from AiM and puts it in Banner/the GL.
the acronym representing each element of the Chart of Account
This AiM funding method looks at the phase account set up