Cornerstone Project - Introduction to the New Chart of Accounts

The central finance group is working to implement Hyperion Financial Management (HFM) to consolidate Oracle and Banner general ledger data for external reporting and high-level internal management reporting. The first step in this process would be to redesign the Chart of Accounts (COA) into which both legacy Rutgers and legacy UMDNJ financial data can be mapped. This new COA is being developed with the added intention of being utilized in the new ERP, once it has been implemented.

• Susan Heleno

• Cornerstone WebSite

• Introduction to the New Chart of Accounts

• Commonly Used Terms

• Agenda

• New Chart of Accounts (COA) Structure

• New COA Segment Definitions

• COA Relationship

• Rutgers Chart of Accounts (COA) to New COA Mappings

• RBHS Chart of Accounts (COA) to New COA Mappings

• COA Segment Review – Unit

• COA Segment Review – Division & Organization

• COA Segment Review – Location

• COA Segment Review – Fund Type

• COA Segment Review – Business Line

• Business Lines Categories

• Business Lines Categories Definitions

• Business Lines Quiz

• COA Segment Review – Account

• COA Segment Review – Account Values beginning with:

• COA Segment Review – Activity, Intra-Unit & Future

• Cross Validation Rules (CVRs)

• COA Data Governance Request Forms

  These forms can be downloaded from the University Controller’s Office website.

• Course Summary

• Contact Information