UVA Finance

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For posted journals in the ledger, this is the date and time of an Expense Report approval, Invoice Match on a Supplier Invoice, or the approval…

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This date is inherited from the Accounting Date from the Accounting Journal Header.

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This date is inherited from the date of the originating transaction header (eg: Invoice Date or Expense Report Date) or the Accounting Date from…

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A business process to record after the fact cash deposits or withdrawals, including wire transfers.
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Originating source of award funding

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Workday Period of Performance
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The Original Budget submission is approved by the Board of Visitors and activated in Workday as of July 1. The Original Budget submission is fixed…
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A six digit number that uniquely identifies a project within the Integrated System
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mla3er
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Book Codes are subsections of the ledger where accounting results from original journal entries are stored. Book codes can be combined to form a book…
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A seven digit alpha-numeric field in the University's Integrated System which represents a source of funds owned by a responsible organization.…

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mla3er
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The Workday role assigned to an employee responsible for processing operational transactions. The role can be assigned for all transactions or…

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The process of identifying and assigning payroll-related costs to specific FDM values and worktags. This process does not determine whether or how…

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Defined at the school/unit level, Program captures activities or initiatives that are generally consistent over time (no definite start or end date…
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A six digit number that uniquely identifies a project within the Integrated System
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mla3er
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Describes the nature of the transaction to support all financial and management reporting across the enterprise. Examples of Accounting Worktags…
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A numeric code used in the General Ledger which maps from Expenditure Type in the Grants Accounting module. Object Code is a four digit number that…
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To track internal loans provided by the Internal Bank Usage restricted to Treasury and central finance. Only available for use on manual journal…
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Generate Statement of Net Position (SNP) and Statement of Revenues, Expenses, and Change in Net Position (SRECNP)
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Field identifying the purpose of each award amendment, a way to track those actions necessary to show the history of the award
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Working Budget is the Board-approved budget (whether original or revised) plus or minus any budget amendments.
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The University Financial Model (UFM) is UVA’s budget model, based on Responsibility Center Management (RCM) budget models.  It incorporates…
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Org Research, All Programs, Training, Industry Clinical Trial, Instruction, OSA

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The award is the core concept and function of Workday Grants Management. An award can be created for each notice of award that we receive from the…

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Used as a reporting field to identify when awards are signed
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The financial condition and strategic and administrative plans of an organization that include information on sources, uses, activities, and purposes…
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The business process by which Workday runs and settles payments. You can create, edit, preview, and process settlement runs to settle unpaid open…

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Used to capture terms and conditions as indicated on award
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A supplier of goods and services to UVA. Suppliers must be set up in Workday using the Supplier Request task. Also known as a vendor.
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Cash and cash equivalents include bank accounts, petty cash, and marketable securities with maturities of less than 90 days. At UVA, cash and cash…
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Used to explain the purpose or focus of the award. For example: Applied Research, Basic Research, Instruction, Organized Research, and Other…

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Requisitions have individual line items that capture the item (with quantities and amounts) being requested, we call these Requisition Lines. A…

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A type of compensation that can be setup to pay employees for activities they perform during a fixed period.   Costing allocations for this type…

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Revenues/expenses that are recorded when earned/incurred rather than when cash changes hands. Accruals will be recorded in the financial reporting…
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An invoice that is created without an original purchase order

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Meets UVA’s policy definition of a sponsored program (e.g., federal, state, local and private). Grants are children of awards and belong to an award…
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An external funding source which enters into an agreement with the institution to support research, public service, or other sponsored activities…

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Grant, Contract, Cooperative Agreement, Program Income

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The authorized amended budget on an externally funded program. Amendments may be created due to the receipt of additional funding or OSP/sponsor…
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An invoice that is created without an original purchase order.

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Pledges, outright contributions received from private sources, or activities supported by an external party (i.e., donor). Represent all endowments…
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This delivered dimension identifies and categorizes travel?related expense transactions.
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Facilities and Administrative costs (F&A), commonly known as indirect costs, represent grant expenses that cannot be easily identified with any…
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The authorized budget on an externally funded program.
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A sequence of one or more tasks that accomplishes a desired business objective (i.e. hiring an employee, paying an invoice); they are tasks that you…
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All funds budgeting is a comprehensive framework, structured to present a University-wide view of the allocation of its financial resources. An all…
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Individuals receiving payment from the University for non-procurement related transactions.

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An auto-generated unique identifier for supplier invoices.

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Area that owns a subset of revenues and/or expenses to support management decision making or accountability. Description name will be preceded by…

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The Foundation Data Model (FDM) is the basis for accounting and financial reporting in Workday. The FDM replaces UVA's Oracle EBS Chart of…

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Workday allows the definition of a calendar for an award's particular program year. Award periods are based on quarter and annual intervals that…
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