Early on in conversion planning, Foundation funds were assigned 6xxxx and 7xxxx fund numbers. It was later decided to change them to alpha-numeric funds (See Understanding Gift Fund Value Structure KBA).
• Note: Past iterations of department mapping may have included the 6xxxx and 7xxxx Foundation funds, which have now been inactivated.
Central Accounting will research and address any balances on these funds.
In addition, Foundation provided a list of allocations that are inactive and should not have been brought over to Aggie Enterprise. In some cases, funds were set up for these allocations using the 6xxxx/7xxxx fund numbering (and then disabled in January). Departments have reported that there are KFS balances as of 12/31 for some of these allocations. Central Accounting will need to research and possibly create a new alpha-numeric fund so the balance can be transferred over.
For departments:
If you come across a balance in a 6XXXX or 7XXXX fund that has been inactivated, please submit a ticket to the Gift & Endowment team. Use the Aggie Enterprise Help Request Form, selecting the following:
• Category: Transaction processing, general policy questions, functional support
• Functional subcategory: Accounting and Financial Reporting
• Topic: Gifts and Endowment Accounting