• If the Reports to Chart Code value is not the highest chart level, the reports to object code, fiscal year, and chart code combination must exist in the Object Code Table.
• If the Object Code belongs to the highest level chart, it must report to itself.
• If a Next Year Object Code value is entered, then the current fiscal year, chart code, and next year object code combination must exist in the Object Code Table.
Institutional Reporting:
Kuali Financials provides for various fields available for
institutional reporting. You can, for example, define a top level chart that
consolidates activity for reporting purpose. After the top level chart is
defined, the Statement of Net Assets and Statement of Revenues, Expenses and
Changes in Net Assets can be designed, using 'Reports To' chart and object code
and the sub-totals by the object code levels and consolidations on the top
chart. Or, you may design responsibility center reports using the organization
roll-up of accounts. For more information about the capabilities of the
organization within the Chart of Accounts, refer to Organization and Organization Type.
More: