blog posts

• UAFR Weekly Tips

  Jan 13, 2021 7:30 amAccounting and BudgetingFY 21

  Did you know that UAFR must verify certain conditions are met before a FOAPAL code can be terminated?  For example, before terminating a self-supporting fund, UAFR must verify:

  • No open encumbrances remain on the fund;
     
  • No active payroll appointments or job positions remain on the fund;
     
  • No active detail codes remain tied to the fund;
     
  • No P-Cards or T-Cards use the fund as a part of their default C-FOP;
     
  • A plan is in place to terminate any non-generic program code associated with the fund (such as a default program code assigned to the fund in FZMFUND of Banner), unless there is a legitimate reason that it remains active; and

  • A plan is in place to address any balance or deficit remaining on the fund prior to termination.

  While this is a somewhat complex process, UAFR can help provide guidance if needed to ensure your request is handled efficiently and effectively once it has been submitted.

  Contact
  For further details on the FOAPAL segment termination process, refer to UAFR's Terminating FOAPAL Segments FAQs. Also, feel free to reach out to UAFR at (217) 333-4568 or refer to our Who to Ask list if you have additional questions.