What is a chart string?

Chartstring – is a combination of data segments that provides necessary information for financial management and budgeting. The different segments provide necessary information for strategic financial management and budgeting.

What is a funding string?

A funding string is a collection of several Chartfields that are used to record and classify a transaction.

What is a CoA string?

Projects COA string Current account string (in BobcatBUY, Concur, PEDS, etc. The current ‘Project’ segment reflects sub-organizations, activities, internal awards, and gifts/endowments limiting the ability to clearly track.

What is chart of accounts in Oracle?

Chart of Accounts (CoA) is used to record transactions in a company’s general ledger. As part of the accounting cycle, the CoA is used in the journaling process (i.e., performing journal entries) and also serves as the title for each ledger. CoA is set-up at the company level in OIPA.

How much money does UW Madison have?

UW– Madison has an overall annual economic impact of $30 billion. As would be true with any public or private institution with more than $3 billion in annual revenues, our budget is very complex.

What is a chartfield string?

A chartfield string is a series of numbers that gives relevant financial accounting information when placing an order. A chartfield string is important for placing orders because it contains information related to grants and funding. Each of the listed fields are required in a chartfield string.

What does poet stand for in Oracle?

From existing data perspective that lies in Oracle (GL, AP, FA etc) we need to projectise that data. From that perspective, existing PO distribution needs to be updated with project information (POET – Project#, Organization, Expenditure Type, Task).