Adding or Modifying a Fund Type Code

What we’ll cover:

• How to manually create a Fund Type Code
• How to manually modify a Fund Type Code

Applicable Roles:

• Generally only FM Global Admin but can be added to another role if needed

Before getting started, please note:

If you use the upload template script for updates, you must add a column for Parent Fund Type Code to the template and script code specifying the selection for each Fund Type (Sponsored or Non-Sponsored) or your manual changes will revert back.

Prior to adding a new Fund, you will need to make sure a Fund Type Code has already been created. 

If you need to create a new Fund Type Code, this can be done manually, or using the upload template script.

Manually Creating a Fund Type Code

1. Click on the settings wheel in the top right corner of the screen, and then click on Codes.
   
   
2. Under Shared Codes, click on Fund Types.
   
   
3. In the top right-hand corner, click on the +Add button.

4. Complete the Fund Type Code Fields and then click on Create.
   

Code Fields

• Code: Limited to eight characters, can be both alphanumeric and mixed case.
• Name: Helps define the Code purpose and indicates funding source.
• Parent Fund Type: Can be Sponsored or Non-Sponsored Fund Type.
• Status: Active or Terminated.

Manually Modifying a Fund Type Code

1. To modify an existing Fund Type Code from Non-Sponsored to Sponsored or vice versa, click on the desired Fund Type in the Parent Fund Type column for the item you would like to modify.

2. Click Continue to confirm you would like to modify the Fund Type Code.

3. The Fund Type Code will automatically update to reflect the change in the Parent Fund Type column.

Please note: A Parent Fund Type of Sponsored will display the financial detail in the Sponsored Funds tab.

Likewise, a Parent Fund Type of Non-Sponsored will display the financial detail in the Non-Sponsored Funds tab.