Procurement
This section provides a centralised resource for understanding the key elements of Rhodes University’s financial Chart of Accounts structure in FinCore.
Below you will be able to find the various lists of available values for the different segments within the Chart of Accounts flexfield string:
|
Segment |
Description |
|
|---|---|---|
|
Fund Class |
Categorizes the type of funding for a transaction. |
Link |
|
Fund Source |
Identifies the specific source of the funds. |
Link |
|
Activity |
Represents specific business activities. |
Link |
|
Cost Centre |
Identifies the department or unit responsible for the transaction. |
Link |
|
Natural Account |
Defines the nature of the transaction (revenue, expense, asset, liability). |
Link |
Below are links to reference guides illustrating the structure of the Chart of Accounts together with how account validation and security is enforced within FinCore:
|
Feature |
Description |
|
|---|---|---|
|
Reference Guide to CoA |
A quick reference guide to the Chart of Accounts structure. |
Link |
|
Comparison of Protea and FinCore CoA segments |
Illustration of the mapping between Protea Chart of Accounts and FinCore Chart of Account segments. |
Link |
|
SVS and CVR |
Use cases and explanations of how these validation rules ensure data consistency. |
Link |
The table below reflects the information pertinent to links while utilising the Projects module within FinCore:
|
Feature |
Description |
|
|---|---|---|
|
Expenditure Type Mapping Explanation |
Explanation and difference between expenditure types and natural accounts within the Projects and General Ledger modules respectively. |
Link |
|
Expenditure Type Mapping |
Linking expenditure types to natural accounts for accuracy and compliance. |
Link |
|
Reference Guide for the POET |
An illustrative quick reference guide to the Project specific segment structure. |
Link |
|
Reference Guide on Research Projects |
An illustrative quick reference guide on Research related Projects information required when opening new accounts |
Link |
Last Modified: Wed, 14 May 2025 14:59:45 SAST