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Chartfields are the mechanism for categorizing and tracking all University financial transactions. A series of chartfields makes up a chartfield string, which is required on every transaction. A chartfield string answers several questions, including:

  • Where is the money coming from?
  • What is the general purpose for the funds?
  • Who is spending the funds?

Understanding the chartfield structure helps you identify valid chartfield combinations for transactions. Incorrect chartfield values will result in processing delays and inaccurate data.

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