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- If you need details for transactions that span numerous object codes and only a few accounts, Sub-Accounts may be a handy alternative to opening new accounts.
- If the type of income or expense is limited to a few object codes but spans several accounts, use Sub-Object Codes.
- If spanning multiple accounts across multiple organizations and activity is not limited within those accounts, use Project Codes.
KFS Project Codes
Pros
- Allow you to assign an identifier to particular transactions that may span multiple accounts.
- Are not particular to any account.
- Can be used by any account/user in the University.
- Each project has a Project Manager.
- No routing attached to Project Manager.
- Can be used as a tool for Reporting.
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