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- The first set of numbers is called the fund number. This set indicates the account type.
- The middle number is called the department number. This number indicates the department.
- The last set of numbers is called the object code. This indicates the type of object that may be purchased under that object code. The appropriate object code may be used as long as there is money in the pool.
There are six commonly used funds in the College of Arts & Sciences:
- Operating Cost: 10…
- Endowments: 20…
- Scholarship: 21…
- Restricted: 23…
- Grant: 25…
- Grant: 26…
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II. Types of Spend
Detailed information for the three types of spend may be found on the Procurement Services website along with instructions for the Colleague Purchasing modules.
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