The University’s financial reporting system FAST, has many financial references that are helpful to know what they represent. The first term to note is when you see a value with a hyphen beside it, ( -250.00), represents a credit to the Fund. when there is an amount displayed without the hyphen, (250.00), this is a debit to the Fund.
Below are some description codes that identify in FAST what type of transaction is being represented. Please note these references made below are referring to transactions displayed when you are reviewing details under ACTUALS.
Under Document Heading
F – followed by a series of numbers represents a payment to an individual through Payroll. The ACCOUNT number for these transactions always start with 6XXXXX. It can also indicate revenue received when cheque deposits are made. the ACCOUNT number for these transactions begins with 5XXXXX.
FJ – refers to internal postage charges
FT – refers to charges billed within the University for long distance, or phone rentals
I – followed by a series of numbers indicates that a cheque payment has been processed through Accounts Payable
J – followed by a series of numbers means that a journal has been processed to move expenses from one Fund to another, or an internal contribution
PC – indicates that the purchase was made using a procurement card
Under Inv. #/Ref. #
If an invoice has been paid to an individual or agency, the invoice number will be displayed.
CB – indicates that an internal charge back has been processed
CR – refers to a cheque requisition
TAR – indicates that a travel advance report was used
TX – means that a travel expense report has been processed
Two letters may also be used followed by a series of numbers under this heading which will refer to an individual who has processed a journal. The reference under the document heading will begin with a J.