In Process Payments section
The information on the In Process Payments tab displays for each asset when an Accounting Line is added and is view only.
In Process Payments section field definitions
Title |
Description |
Account Number |
The account number that paid for or owns the asset. |
Amount |
The portion of the new payment that will be applied to the asset. |
Chart Code |
The chart code for the account that funded the asset or is the owner of the asset. |
Document Number |
The transactional document number that generated the capital expense. |
Document Type Code |
The type of document that generated the capital expense. |
Fiscal Period |
The fiscal period in which the payment was posted to the General Ledger. |
Fiscal Year |
The fiscal year in which the payment was posted to the General Ledger. |
Historical Cost |
The original cost of the asset prior to the application of the new payment, equals Processed Payments. |
Object Code |
This is used to classify the transaction and to identify asset categories such as movable, art and museum, buildings. In addition the object code can be used to identify the type of funding, university, federal, or federally owned. |
New Total |
Sum of Payments(s) Total and Historical Cost. |
Organization Reference Id |
A reference identification number assigned by organization. |
Payments Total |
The sum of in process payments for this asset. |
Posted Date |
The date on which the payment transaction was posted to the General Ledger. |
Project Code |
Used to identify particular transactions that might span multiple accounts. |
Purchase Order Number |
Represents a written authorization for a vendor to ship goods or provide services based on conditions outlined in the purchase order (PO) document. |
Requisition Number |
Represents the document used to order the equipment. |
Sub-Account |
This is an optional element of the accounting string that allows the user to track financial activity within a particular account at a finer level of detail. |
Sub-Object |
An optional element of the accounting string related to the university object code that allows the user to create finer distinctions within a particular object code for a specific account. |
Transfer Payment Code |
A code that specifies whether the payment is eligible for depreciation. |
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