Acquisitions > FAQs for the Acquisitions Module > FAQs: Adding a New Fund

FAQs: Adding a New Fund

What default information is included in a new fund?

When a fund is created, a new Fund ID must be provided. If not entered, a default AUTO value may be supplied. The maximum length for this field is 20 characters.

Fund IDs must not contain spaces.

The Budget Cycle information is always created to include the following default values.

Budget Amount is $0.00 (blank)
Percent Encumbrance Allowed is 100%
Percent Expenditure Allowed is 100%
Block Over Encumbrance is cleared
Block Over Expenditure is cleared
Ordering Allowed is selected
Paying Allowed is selected

How do I change the fiscal cycle default while using fund wizards?

These values can only be changed using the Session Settings wizard. You must first use the wizard to change these settings, and then proceed with the other wizards.

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