What is it?
The Location Code is the sixth element of the FOAPAL. It is used to identify the physical location of the item or service giving rise to the financial transaction.
Why is it important?
Location Codes are not currently used in Carleton’s Chart of Accounts.
Where do I find more information?
- Read the ‘Tips from a Financial Services Insider’ post about Location Codes.
- For questions regarding FOAPAL elements, please contact the Controller’s Office or Research Accounting.