Chart of Accounts (COA), Finance

Chart of Accounts (COA), Finance

Organization

About Organization

An organization is an entity with a defined business objective, an organized group of employees, an established budget, and fiscal oversight by an assigned individual. Organizations provide governance over projects, tasks and awards.

The Fiscal Oversight Hierarchy shows the organizational structure of Yale University.

Organization Attributes

Each organization must have:

  • a name that must be unique. Can use up to 65 characters. Each division, department, sub-department and organization is assigned a unique 3- to 6-character descriptive prefix, followed by the organization name.
  • a functional classification that groups organizations by program to support analysis and reporting by mission.
  • an A21 classification that groups organizations to facilitate calculation of indirect costs (see Departmental Indirect Cost Survey procedure).
  • an individual with fiscal responsibility, typically a business manager.
  • an administrator, who is the individual responsible for the overall activity of the organization, typically a dean, Director, or chair.
  • a start date that is the effective date for transactions to be valid for this organization.

Organization Form

Click for Organization form.

Last Updated: June 30, 2009 (jp).