Financial Services
Report Description
Report Name
Report Number
College/Unit Statement of Operations and Changes to Fund
Balance Report – All Funds
10493D (3xxx)
Report Description/Purpose
This report provides a summary of Chart 1 financial activity across all funds in a
College, School or Unit at the Department level (i.e. 3-level Org), sorted by fund type,
for the queried fiscal period in a comparable format to the operating statement in
FAST. The report also shows the beginning and ending fund balance for each fund
type.
Each unique Department is presented on a separate page and identified in the report
header. Not all fund types are applicable for each Department (i.e. all fund types are
listed on the report regardless if the specific Department has activity in those areas).
By clicking on a revenue or expense title or dollar amount, users of the report can
display the 6-digit fund(s) within which the revenue or expense activity occurred.
The following fund roll-ups (administered by the college/administrative units on behalf of
central administration) are not included in this report:
100 - Operating Reserve
111 - Future employee benefits
101 - Institutional Operating Budget
116 - Subsidiaries
102 - Clearing and Suspense Funds
117 - Reserves and Appropriations
104 - Infrastructure Maintenance
118 - SWAPS – Natural
The final page of the report also provides a summary of the aggregate financial activity,
for all fund types, of University.
Intended Audience
Deans, Executive Directors, Unit Leaders and those individuals who have been
delegated authority to view funds on their behalf.
Report Availability
This report is run at the end of every month and reflects the fiscal year activity to date.
Yearend reports and, effective with the 2014/15 fiscal year, monthly reports will be
retained in history.
Report Elements
The College/Unit and Department to whom the financial activity relates is identified
in the report heading.
This report consolidates all financial activity by fund type, based on the ownership of
the fund rather than on the “organization” codes used to post individual transactions,
which is how information is presented in UniFi FAST.
Financial Services
Report Description
Financial information related to each fund type is summarized as follows:
Revenues – These amounts represent the total activity in revenue account codes
5xxxx.
Expenses – These amounts represent the total activity in expense account codes
6xxxx (salary and benefits) and 7xxxx (all non-salary expenses including Internal Cost
Recoveries).
Interfund Transfers – This amount represents the total net amount for interfund transfers
recorded in account codes 8xxxx.
Net Increase (Decrease) In Fund Balance – This amount is calculated as Total
Revenues minus Total Expenses and represents the net change in the fund balance for
the period queried.
Fund Balance, Beginning of the Period – This amount represents the total fund balance
in account codes 4xxxx (balance sheet) at the beginning of the fiscal period queried.
Fund Balance, End of the Period – This amount is calculated as Net Increase
(Decrease) In Fund Balance plus Fund Balance, Beginning of the Period and represents
the fund balance position at the End of the Period queried.
Additional Notes
For transaction details, users need to query FAST using the fund identified by drilling
down on the individual revenue and expense lines.
Fund details (a listing of funds that make up the balance) on “Fund Balance, Beginning
of the Period” can be obtained from Publisher Report 4992.