Organization is required for all revenue and expense transactions. Organization (abbreviated Orgn or Org) is a four digit code that represents who is responsible for managing the resources such as a college or department within a college. Organization codes are used to establish budget responsibility, system security, and to facilitate generation of financial reports. There is a financial manager assigned to each organization code.
In the chart of accounts, Orgns are grouped by the area to which they belong. For example, within the College of Business & Economics all departments are grouped under the roll-up code 4000. This roll-up code gives you the flexibility to run financial reports either for the entire college or each department individually.
The following is a small example of the organization code structure:
Unit | Orgn | Data Entry |
College of Business & Economics (CBE) | 4000 | No |
Business & Economics Gen & Admin | 4010 | Yes |
CBE – Kaiser Chair | 4011 | Yes |
CBE – Ross Chair | 4012 | Yes |
Masters Program | 4015 | Yes |
Accounting Department | 4020 | Yes |
Economics Department | 4030 | Yes |
Economics and Business Research Cen | 4040 | Yes |
Ctr for Excellence in Mgmt Educ | 4041 | Yes |
Center for International Business | 4042 | Yes |
Finance Marketing Decision Sciences | 4060 | Yes |
Decision Sciences | 4061 | Yes |
Finance and Marketing | 4062 | Yes |
Management Department | 4070 | Yes |