Summary
In order to create a new fund in a fiscal year, you must first create the fund header in that fiscal year. The fund header is the description of the fund and is set up for each fiscal year. If you have a uniform chart of accounts (GL> Utilities> Setup> General tab> Uniform chart of accounts toggle), the fund header is created using the Section Maintenance window (GL> Maintenance> Section). If you do not have a uniform chart of accounts, use the Account Header One (GL> Maintenance> Acct Header One) to create a new fund header.
Once the fund header has been created, create a fund balance account in the new fund.
Related Links
Click here for information on Section Maintenance.
Click here for information on Account Header One Maintenance.
Click here for information on the GL module setup.
Step by Step
to create a
new fund header. Enter the new fund number in the Fund field and
enter a description of the fund in the Description field.
when complete.
to populate the window. to create the new fund header. to save the fund header.
to create the new GL account. to save the new GL
account. If you receive an error message that the fund header has not been
created, return to the Section Maintenance or Account Header One window and
make sure you created the fund header in the correct fiscal year.
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