Enter Title

Fiscal Terms

100

This month and day in any given year represent the last day of the fiscal year.

September 30

200

This is the acronym for funds used for salaries and fringe benefits.

PS

300

This is the term for moving funds across account codes or indices for expenditure.

Reprogramming / Budget Transfer

400

This is the term for moving expenditures across account codes, indices, or fund types.

Reclass / Cost Transfer

500

These are the two high-level budget types within the University.

Operating and Capital Budgets

Budget Cycle

100

This is the entity that must approve the University's annual budget proposal prior to submission.

The Board of Trustees

200

This is the quarter within a given fiscal year wherein the University submits its annual budget proposal to the District government.

Q1

300

This is the entity that conducts the University's annual Budget Hearing.

The DC Council / Council Committee of the Whole

400

These types of budget requests are above and beyond expected funds received from the District and submitted by agencies annually as needed.

Enhancement Requests

500

This is the term/acronym for the max ceiling of your base-level local appropriated budget, provided by the Mayor's office to the University at the start of the budget development process.

MARC

Budget Management

100

Funds of this type, which include grants and agreements, have limitations on how you can spend your dollars.

Restricted Funds

200

This is the title of the report showing all personnel and associated data, including salaries.

Schedule A Report

300

When determining expenditures for your budget, you create this type of plan.

Spend Plan

400

This is the form/page in Banner where you can review your overall budget, expenditures, and remaining balances within any given index.

FGIBAVL / BAVL

500

Department heads review this report, typically sent by UDC Accounts Payable, to see POs with remaining balances.

Open Encumbrance Report

Purchasing

100

Individuals who create purchase requests in Banner are known as this.

Requisitioners

200

Creating a requisition without enough funds in your index/account code will produce this error.

NSF / Non-Sufficient Funds Error

300

This purchasing mechanism (1 of 3 at the Univ) allows you to pay for utilities, memberships, conference fees, student travel, and past-year expenses.

440 / Direct Pay Form

400

The individual who is responsible for managing a contract is called this.

Contract Administrator

500

When goods are received, the Warehouse must complete this process before the vendor's invoice will be sent to departments for approval.

Receiving