{"id":603,"date":"2013-10-04T10:20:15","date_gmt":"2013-10-04T14:20:15","guid":{"rendered":"http:\/\/carleton.ca\/facts\/?page_id=603"},"modified":"2023-01-13T16:43:40","modified_gmt":"2023-01-13T21:43:40","slug":"foapal","status":"publish","type":"page","link":"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/","title":{"rendered":"FOAPAL"},"content":{"rendered":"<h3>What is it?<\/h3>\n<p>FOAPAL is the backbone of Banner Finance, the financial management system at Carleton. \u00a0FOAPAL is the accounting string used to denote where a revenue or expense item is to be transacted in the <a href=\"https:\/\/carleton.ca\/facts\/glossary\/c\/chart-accounts\/\" target=\"_blank\" rel=\"noopener noreferrer\">chart of accounts<\/a> or <a href=\"https:\/\/carleton.ca\/facts\/glossary\/g\/general-ledger-gl\/\" target=\"_blank\" rel=\"noopener noreferrer\">general ledger<\/a>.\u00a0\u00a0FOAPAL stands for <a href=\"https:\/\/carleton.ca\/facts\/glossary\/f\/fund\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">F<\/span>und<\/a>, <a href=\"https:\/\/carleton.ca\/facts\/glossary\/o\/org-codes\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">O<\/span>rg(anization)<\/a>, <a href=\"https:\/\/carleton.ca\/facts\/glossary\/account-codes\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">A<\/span>ccount<\/a>, <a href=\"https:\/\/carleton.ca\/facts\/glossary\/p\/program-code\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">P<\/span>rogram<\/a>, <a href=\"https:\/\/carleton.ca\/facts\/glossary\/activity-codes\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">A<\/span>ctivity<\/a> and <a href=\"https:\/\/carleton.ca\/facts\/glossary\/l\/location-code\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"text-decoration: underline;\">L<\/span>ocation.<\/a><\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-3309\" src=\"http:\/\/carleton.ca\/facts\/wp-content\/uploads\/FOAPAL1-240x69.gif\" alt=\"FOAPAL\" width=\"438\" height=\"126\" srcset=\"https:\/\/carleton.ca\/facts\/wp-content\/uploads\/FOAPAL1-240x69.gif 240w, https:\/\/carleton.ca\/facts\/wp-content\/uploads\/FOAPAL1-160x46.gif 160w\" sizes=\"(max-width: 438px) 100vw, 438px\" \/><\/p>\n<h3>Why is this important?<\/h3>\n<p>Every financial transaction needs to have the appropriate FOAPAL elements. \u00a0It is important to properly categorize the financial activity on the general ledger to generate <a href=\"https:\/\/carleton.ca\/facts\/glossary\/f\/financial-statements-university\/\" target=\"_blank\" rel=\"noopener noreferrer\">financial statements<\/a> that<\/p>\n<ul>\n<li>are meaningful to the University\u2019s stakeholders,<\/li>\n<li>provide useful information to departmental, Fund and project managers, and<\/li>\n<li>support assessment of the University\u2019s strategic goals.<\/li>\n<\/ul>\n<h3>Where do I find more information?<\/h3>\n<ul>\n<li>Visit <a href=\"http:\/\/carleton.ca\/financialservices\/systems\/banner\/banner-finance\/\" target=\"_blank\" rel=\"noopener noreferrer\">B<\/a><a href=\"http:\/\/carleton.ca\/financialservices\/systems\/banner\/banner-finance\/\" target=\"_blank\" rel=\"noopener noreferrer\">anner Finance<\/a> for further information on FOAPALs.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>What is it? FOAPAL is the backbone of Banner Finance, the financial management system at Carleton. \u00a0FOAPAL is the accounting string used to denote where a revenue or expense item is to be transacted in the chart of accounts or general ledger.\u00a0\u00a0FOAPAL stands for Fund, Org(anization), Account, Program, Activity and Location. Why is this important? [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"parent":61,"menu_order":149,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_mi_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":"","_links_to":"","_links_to_target":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FOAPAL - Financial Administration Community Training &amp; Solutions<\/title>\n<meta name=\"description\" content=\"What is it? FOAPAL is the backbone of Banner Finance, the financial management system at Carleton. \u00a0FOAPAL is the accounting string used to denote where a\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/\",\"url\":\"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/\",\"name\":\"FOAPAL - Financial Administration Community Training &amp; Solutions\",\"isPartOf\":{\"@id\":\"https:\/\/carleton.ca\/facts\/#website\"},\"datePublished\":\"2013-10-04T14:20:15+00:00\",\"dateModified\":\"2023-01-13T21:43:40+00:00\",\"description\":\"What is it? FOAPAL is the backbone of Banner Finance, the financial management system at Carleton. \u00a0FOAPAL is the accounting string used to denote where a\",\"breadcrumb\":{\"@id\":\"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/carleton.ca\/facts\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Glossary\",\"item\":\"https:\/\/carleton.ca\/facts\/glossary\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"F\",\"item\":\"https:\/\/carleton.ca\/facts\/glossary\/f\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"FOAPAL\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/carleton.ca\/facts\/#website\",\"url\":\"https:\/\/carleton.ca\/facts\/\",\"name\":\"Financial Administration Community Training &amp; Solutions\",\"description\":\"Carleton University\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/carleton.ca\/facts\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"FOAPAL - Financial Administration Community Training &amp; Solutions","description":"What is it? FOAPAL is the backbone of Banner Finance, the financial management system at Carleton. \u00a0FOAPAL is the accounting string used to denote where a","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/","url":"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/","name":"FOAPAL - Financial Administration Community Training &amp; Solutions","isPartOf":{"@id":"https:\/\/carleton.ca\/facts\/#website"},"datePublished":"2013-10-04T14:20:15+00:00","dateModified":"2023-01-13T21:43:40+00:00","description":"What is it? FOAPAL is the backbone of Banner Finance, the financial management system at Carleton. \u00a0FOAPAL is the accounting string used to denote where a","breadcrumb":{"@id":"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/carleton.ca\/facts\/glossary\/f\/foapal\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/carleton.ca\/facts\/"},{"@type":"ListItem","position":2,"name":"Glossary","item":"https:\/\/carleton.ca\/facts\/glossary\/"},{"@type":"ListItem","position":3,"name":"F","item":"https:\/\/carleton.ca\/facts\/glossary\/f\/"},{"@type":"ListItem","position":4,"name":"FOAPAL"}]},{"@type":"WebSite","@id":"https:\/\/carleton.ca\/facts\/#website","url":"https:\/\/carleton.ca\/facts\/","name":"Financial Administration Community Training &amp; Solutions","description":"Carleton University","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/carleton.ca\/facts\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"}]}},"acf":{"banner_image_type":"none","banner_button":"no"},"_links":{"self":[{"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/pages\/603"}],"collection":[{"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/comments?post=603"}],"version-history":[{"count":6,"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/pages\/603\/revisions"}],"predecessor-version":[{"id":7521,"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/pages\/603\/revisions\/7521"}],"up":[{"embeddable":true,"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/pages\/61"}],"wp:attachment":[{"href":"https:\/\/carleton.ca\/facts\/wp-json\/wp\/v2\/media?parent=603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}