Did you know that any equipment used in self-supporting fund activities should have an applicable entity code assigned to its equipment record within Banner? See below for details:
- From an equipment management standpoint, an entity code is a four-digit code that identifies the type of self-supporting fund for which a piece of equipment is used.
- The funding source used to purchase the equipment is not relevant when determining the correct entity code to assign to the equipment. Instead, the focus should be on the self-supporting activity which is using the equipment.
- The entity code of the self-supporting fund that is using the equipment is the entity code that should be assigned to the related equipment record in Banner.
- A self-supporting fund’s entity code can typically be found within the Predecessor Fund field of Banner page FZMFUND.
- Banner page FTIFNDH can also be used to view a self-supporting fund’s hierarchy within Banner. The self-supporting fund’s entity is embedded within this hierarchy and is listed in the Fund Level 3 field within this page.
For further details, refer to Section 12.2.4, Maintain Entity Codes for Self-Supporting Activities, from the Business and Financial Policies and Procedures.
Contact
For further questions on this topic, refer to the applicable subject matter experts within either the: (1) Self-Supporting Funds section of UAFR’s Who to Ask list, or (2) the Equipment Management Who to Ask list.
In addition, for any questions regarding how this affects rate calculations within your 3E self-supporting fund service centers, contact the applicable subject matter experts within Government Costing.
