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Financial and Organizational Structures

Users should familiarize themselves with the financial and organizational structures used in Oracle Cloud, particularly if they will create and/or submit expense reports, make purchases, manage grants and/or analyze financial data.

• °Õ³ó±ðÌýChart of Accounts (COA), which is used in all areas to track financial activity in our general ledger and subledgers;Ìý
• °¿³Ü°ùÌýOrganizational Structure, which is used to identify our work areas; and
• Project information (i.e., POET), which is used to gather data and report specifically on financial activity for the following project types:
  • Grants and Contracts;
  • Faculty Funds and Student Organizations;
  • Gifts and Endowments;
  • Cores; and
  • Capital Projects.

Training

Click to open and complete theÌýOracle Cloud: Introduction to our Financial and Organizational StructuresÌýtraining course in Oracle Learning.

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Transaction Review and Approval

Transactions are generally reviewed first within the area that created the transaction and then routed to central Finance or Human Resources.ÌýFor example, transactions such as the following are typically reviewed by the following roles within the business unit:

• Time and absenceÌýtransactions are reviewed by the employee'sÌýLine Manager;
• Purchasing and expenseÌýtransactions are reviewed by theÌýFinancial Unit Manager(s)Ìýof the related financial unit(s) and, if greater than $10,000, by theÌýBusiness Unit/Entity Approver(s); and
• Human ResourcesÌýtransactions are reviewed by theÌýBusiness Unit/Entity ApproverÌýof the related business unit.

Instructions for identifying your local resources are available here.

Additional Resources

Additional informationÌýabout the COA, including the current list of segment values, is available on the of the Finance website, and reference materials are also availableÌýwithin Oracle Cloud in the Help Center.

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