{"id":226,"date":"2022-09-27T11:41:51","date_gmt":"2022-09-27T16:41:51","guid":{"rendered":"https:\/\/uwm.edu\/business-financial-services\/?page_id=226"},"modified":"2023-06-05T11:35:47","modified_gmt":"2023-06-05T16:35:47","slug":"accounting-system","status":"publish","type":"page","link":"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/","title":{"rendered":"Accounting Systems"},"content":{"rendered":"\n

Shared Financial System Overview<\/h3>\n\n\n\n

On July 1, 2000, 51ÁÔÆæ began using the UWS Shared Financial System (SFS) for our Accounting System.<\/p>\n\n\n\n

    \n
  1. SFS Term Descriptions\n
      \n
    1. Business Unit:<\/strong> An organizational entity that maintains its own business activity. Our business unit is 51ÁÔÆæIL.<\/li>\n\n\n\n
    2. Budget Period:<\/strong> Same as fiscal year.<\/li>\n\n\n\n
    3. Fund<\/strong><\/li>\n\n\n\n
    4. Program:<\/strong> The program designates the function or purpose for which revenues and expenditures are incurred.<\/li>\n\n\n\n
    5. Dept. ID:<\/strong>Used to designate the organization or entity. The first two digits represent the school\/college\/division or other comparable entity. the third and fourth digits designate the academic department or other comparable unit. The fifth and sixth digits are a further breakdown of the department.\n
        \n
      • Example: 021020<\/li>\n\n\n\n
      • 02 = Administrative Affairs<\/li>\n\n\n\n
      • 10 = Business & Financial Services<\/li>\n\n\n\n
      • 20 = Controller\u2019s office<\/li>\n<\/ul>\n<\/li>\n\n\n\n
      • Account:<\/strong> The account is the key to accounting transactions. The account types used in SFS are assets, liabilities, equity, expenses, and revenues.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n\n\n\n

        Examples:<\/p>\n\n\n\n

          \n
        1. 3100 = Supplies<\/li>\n\n\n\n
        2. 6166 = Travel Advance \u2013 Single<\/li>\n\n\n\n
        3. 4604 = Equipment<\/li>\n\n\n\n
        4. Project Grant:<\/strong> Designates the four digit project or grant number assigned by the Graduate School for funds 133 and 144 preceded by the project number (i.e., AB12 becomes PRJAB12). This field can also be used to assign revenues and expenses to a specific project. Projects could be established for the various summer camps run by the Athletic Department.<\/li>\n\n\n\n
        5. Class:<\/strong> The subclass can be used to further define an account.<\/li>\n<\/ol>\n\n\n\n

          For questions regarding the SFS structure, contact the Controller\u2019s office (x6652).<\/p>\n","protected":false},"excerpt":{"rendered":"

          Shared Financial System Overview On July 1, 2000, 51ÁÔÆæ began using the UWS Shared Financial System (SFS) for our Accounting System. Examples: For questions regarding the SFS structure, contact the Controller\u2019s office (x6652).<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":93,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","uwm_wg_additional_authors":[]},"class_list":["post-226","page","type-page","status-publish","hentry"],"yoast_head":"\nBusiness & Financial Services<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Accounting Systems\" \/>\n<meta property=\"og:description\" content=\"Shared Financial System Overview On July 1, 2000, 51ÁÔÆæ began using the UWS Shared Financial System (SFS) for our Accounting System. Examples: For questions regarding the SFS structure, contact the Controller\u2019s office (x6652).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/\" \/>\n<meta property=\"og:site_name\" content=\"Business & Financial Services\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-05T16:35:47+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/accounting\\\/accounting-system\\\/\",\"url\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/accounting\\\/accounting-system\\\/\",\"name\":\"Accounting Systems - Business & Financial Services\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/#website\"},\"datePublished\":\"2022-09-27T16:41:51+00:00\",\"dateModified\":\"2023-06-05T16:35:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/accounting\\\/accounting-system\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/accounting\\\/accounting-system\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/accounting\\\/accounting-system\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Accounting Services\",\"item\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/accounting\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Accounting Systems\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/#website\",\"url\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/\",\"name\":\"Business & Financial Services\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/#organization\",\"name\":\"University of Wisconsin - Milwaukee\",\"url\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/uwm.edu\\\/0template-webid2\\\/wp-content\\\/uploads\\\/sites\\\/541\\\/2020\\\/11\\\/uwm-seo-logo.jpg\",\"contentUrl\":\"https:\\\/\\\/uwm.edu\\\/0template-webid2\\\/wp-content\\\/uploads\\\/sites\\\/541\\\/2020\\\/11\\\/uwm-seo-logo.jpg\",\"width\":225,\"height\":224,\"caption\":\"University of Wisconsin - Milwaukee\"},\"image\":{\"@id\":\"https:\\\/\\\/uwm.edu\\\/business-financial-services\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Business & Financial Services","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/","og_locale":"en_US","og_type":"article","og_title":"Accounting Systems","og_description":"Shared Financial System Overview On July 1, 2000, 51ÁÔÆæ began using the UWS Shared Financial System (SFS) for our Accounting System. Examples: For questions regarding the SFS structure, contact the Controller\u2019s office (x6652).","og_url":"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/","og_site_name":"Business & Financial Services","article_modified_time":"2023-06-05T16:35:47+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/","url":"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/","name":"Accounting Systems - Business & Financial Services","isPartOf":{"@id":"https:\/\/uwm.edu\/business-financial-services\/#website"},"datePublished":"2022-09-27T16:41:51+00:00","dateModified":"2023-06-05T16:35:47+00:00","breadcrumb":{"@id":"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/uwm.edu\/business-financial-services\/accounting\/accounting-system\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uwm.edu\/business-financial-services\/"},{"@type":"ListItem","position":2,"name":"Accounting Services","item":"https:\/\/uwm.edu\/business-financial-services\/accounting\/"},{"@type":"ListItem","position":3,"name":"Accounting Systems"}]},{"@type":"WebSite","@id":"https:\/\/uwm.edu\/business-financial-services\/#website","url":"https:\/\/uwm.edu\/business-financial-services\/","name":"Business & Financial Services","description":"","publisher":{"@id":"https:\/\/uwm.edu\/business-financial-services\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uwm.edu\/business-financial-services\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uwm.edu\/business-financial-services\/#organization","name":"University of Wisconsin - Milwaukee","url":"https:\/\/uwm.edu\/business-financial-services\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uwm.edu\/business-financial-services\/#\/schema\/logo\/image\/","url":"https:\/\/uwm.edu\/0template-webid2\/wp-content\/uploads\/sites\/541\/2020\/11\/uwm-seo-logo.jpg","contentUrl":"https:\/\/uwm.edu\/0template-webid2\/wp-content\/uploads\/sites\/541\/2020\/11\/uwm-seo-logo.jpg","width":225,"height":224,"caption":"University of Wisconsin - Milwaukee"},"image":{"@id":"https:\/\/uwm.edu\/business-financial-services\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/pages\/226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/comments?post=226"}],"version-history":[{"count":6,"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/pages\/226\/revisions"}],"predecessor-version":[{"id":838,"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/pages\/226\/revisions\/838"}],"up":[{"embeddable":true,"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/pages\/93"}],"wp:attachment":[{"href":"https:\/\/uwm.edu\/business-financial-services\/wp-json\/wp\/v2\/media?parent=226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}