Creating child accounting units

After you create an accounting unit hierarchy, you can create accounting units within the existing hierarchy.

  1. Select the parent hierarchy and select Actions > Create Child Accounting Unit.
  2. Specify this information:
    Type
    Select whether the accounting unit is a Summary or Posting accounting unit.
    Accounting Unit
    Specify the accounting unit name. You cannot change the name after you save the accounting unit, but you can change the description.

    When you create a summary accounting unit, the structure number and an underscore are adding to the beginning of the summary accounting unit name so that it can be used in multiple structures. For example, if you name the summary accounting unit Facilities, then it displayed as 1_Facilities in the first structure.

    The number of characters available for the summary name is shortened. If a summary is too large for the field size, the characters at the end are removed when the structure number is prepended.

    Description
    Specify a description for the accounting unit.
    Budget Identifier
    If you selected a Summary accounting unit, specify the budget identifier.
    Address Code
    Specify the address that is associated with the accounting entity accounting unit.
    Effective Date
    Select the effective date for the accounting unit.
  3. Click Submit.