Chapter 23. Funding Sources

Table of Contents

Create a funding source
Allocate credits to funding sources
Allocate credits to funds
Track debits and credits

Funding sources allow you to specify the sources that contribute monies to your fund(s). You can create as few or as many funding sources as you need. These can be used to track exact amounts for accounts in your general ledger. You can then use funds to track spending and purchases for specific collections.

Create a funding source

  1. To create a new funding source, click Admin → Server Administration → Acquisitions → Funding Source.
  2. Enter a funding source name. No limits exist on the number of characters that can be entered in this field.
  3. Select an owner from the drop-down menu. The owner indicates the organizational unit(s) whose staff can use this funding source. This menu is populated with the shortnames that you created for your libraries in the organizational units tree (See Admin → Server Administration → Organizational Units).

    Note

    The rule of parental inheritance applies to this list. For example, if a system is made the owner of a funding source, then users with appropriate permissions at the branches within the system could also use the funding source.

  4. Create a code for the source. No limits exist on the number of characters that can be entered in this field.
  5. Select a currency from the drop-down menu. This menu is populated from the choices in the Currency Types interface.
  6. Click Save.