/financialservices/taxonomy/term/115/all en /financialservices/channels/news/reminder-year-end-fund-and-org-type-changes-296680 <p><i>This message is sent out on behalf of Ani Kotchounian, Senior Finance Officer, Financial Reporting, Financial Services</i></p> <p><b>***YEAR END FUND AND ORG TYPE CHANGES***</b></p> <p>Dear Colleagues,</p> <p>In anticipation of our year-end procedures and to ensure an efficient closing process, please refrain from processing the following changes <b><u>effective April 30<sup>th </sup>until May 31<sup>st</sup> 2019:</u></b></p> Wed, 01 May 2019 13:45:09 +0000 lisa.vawer@mcgill.ca 17661 at /financialservices /financialservices/channels/news/reminder-year-end-fund-and-org-type-changes-295431 <p><i>This message is sent out on behalf of Ani Kotchounian, Senior Finance Officer, Financial Reporting, Financial Services</i></p> <p><b>***YEAR END FUND AND ORG TYPE CHANGES***</b></p> <p>Dear Colleagues,</p> <p>In anticipation of our year-end procedures and to ensure an efficient closing process, please refrain from processing the following changes <b><u>effective April 30<sup>th </sup>until May 31<sup>st</sup> 2019:</u></b></p> Fri, 15 Mar 2019 13:23:32 +0000 lisa.vawer@mcgill.ca 17581 at /financialservices /financialservices/gfm/foapal/fund-codes <h2><strong><u>F</u></strong>OAPAL: F = FUND</h2> <ul> <li>A fund code consists of six numeric characters.</li> <li>The FUND code describes the source of money and any restriction by the contributor of the money as to how it can be spent.</li></ul> Tue, 19 Dec 2017 16:40:25 +0000 katya.lazarova@mcgill.ca 17395 at /financialservices /financialservices/gfm/foapal <h2>Chart of Accounts (FOAPAL)</h2> <h2>OVERVIEW of Æ»¹ûÒùÔº's Chart of Accounts</h2> <p>The Chart of Accounts (CoA) is the coding structure consisting of elements used to classify, record, budget and report financial transactions. There are six independent elements comprising the Chart of Accounts and the order in which they fall create the acronym "FOAPAL": An overview of each element is given in the table below.</p> <table> <thead> <tr> <th>Letter</th> <th> <p>Element</p></th></tr></thead></table> Tue, 19 Dec 2017 16:28:38 +0000 katya.lazarova@mcgill.ca 17394 at /financialservices /financialservices/channels/news/fund-balances-and-profile-report-pisffms-new-tool-manage-all-your-funds-232002 <p>Dear Colleagues,</p> <p>In collaboration with the Æ»¹ûÒùÔº Tri-Agency Response Implementation Group (TRIG), Advisory Committee, the Research Administration Network (RAN) community and the Financial Services Teams (FST), Financial Services has made great progress towards addressing the need for a comprehensive financial summary of all funding sources (research/non research) tailored specifically for Principal Investigators (PIs) and Fund Financial Managers (FFM).</p> Tue, 10 Dec 2013 19:31:30 +0000 kathleen.szeto@mcgill.ca 16981 at /financialservices