Creating a Chart of Accounts is the first step. This customized coding structure is comprised of Task, Option and Project (TOP) codes. Once a department creates a Chart of Accounts, Project Cost Accounting will allow that department the ability to maintain its entire coding structure in FIN.

(T)ask Code

  • Three-character code that can have any combination of UPPERCASE letters and numbers
  • Designed to be independent of the project and option codes
  • Only one level of Task codes may be entered and maintained in FIN

(O)ption Code

  • Three-character code that can have any combination of UPPERCASE letters and numbers
  • Designed to be independent of the project and task codes
  • Only one level of Option codes may be entered and maintained in FIN

(P)roject Code

  • Six-character code that can have any combination of UPPERCASE letters and numbers
  • Designed to be independent of the task and option codes
  • There are six hierarchical levels of projects available in FIN
  • Your department may enter from one to six levels of project codes, however, only the lowest level code as established in FIN can be attached to transactions.
  • Each higher level in the hierarchy is intended for use on departmental systems when summarizing all lower level projects associated with that higher level project.
  • Click here to learn more about establishing a Chart of Accounts that includes a hierarchical coding structure. (This is optional and NOT required in order to use Project Cost Accounting)

The following resources are available to assist you with the Chart of Accounts development process: