FAU
The Full Accounting Unit (FAU) is the mechanism currently used at UC Davis to classify the type, purpose and funding entered into KFS. The FAU will be replaced by the new Chart of Accounts on July 1, 2023*.
The FAU is comprised of three required elements and three optional elements, for a total of up to 30 characters.
The three required elements are:
- Chart (1)
- Account (7)
- Object (4)
The three optional elements are:
- Sub Account (5)
- Sub Object (3)
- Project (1-10)
*All UC locations are required to report financial transactions on the new Common Chart of Accounts beginning July 1, 2023. From July through December 2023, units will continue to transact in KFS using the FAU, while UC Davis central offices will translate KFS FAU data to the new CoA for reporting.
On January 1, 2024, UC Davis will fully adopt the new Chart of Accounts. KFS users will transition to the Aggie Enterprise system and begin transacting with CoA values.