Create a fund code

A fund code is a six-digit code that identifies a source of funding. The most commonly requested fund codes are Designated, Endowment, Restricted, and Plant.

Solution 1: Create a Designated Fund code

Designated Funds are commonly called Ledger 3 funds and are classified as unrestricted funds. They are designated by a department or college, or are given to Northeastern with contractual obligations that are not related to federal requirements.
- Step 1
  
  Complete the Create a Designated Fund Questionnaire.
- Step 2
  
  Complete the Create a Designed Fund Form.
- Step 3
  
  Email the completed questionnaire and form to the Accounting Office at accounting@northeastern.edu. You will receive an email notification when the fund has been created.
Solution 2: Create an Endowment Fund code

Endowment Funds are commonly called Ledger 4 funds. They are funds that a donor or the Board of Trustees has said must be invested, and the earned income can only be spent for a specific purpose.
- Step 1
  
  Complete the Create an Endowment Fund Form.
- Step 2
  
  Email the completed form to the Accounting Office at accounting@northeastern.edu. You will receive an email notification when the fund has been created.
Solution 3: Create a Restricted Fund code

Restricted Fund codes are commonly called Ledger 6 funds. They are pledges or gifts made by a donor with restrictions on how the money should be spent. Northeastern’s Donor Relations office and development officers create a Memorandum of Understanding (MOU) that is signed by new donors and outlines the gift restrictions. Donor Relations then works with each college or department to assign a six-digit organization code to the Restricted Fund.
- Step 1
  
  Complete the Create a Restricted Fund Form.
- Step 2
  
  Email the completed form to the Accounting Office at accounting@northeastern.edu. Please include the MOU and designated organization code. You will receive an email notification when the fund has been created.
Solution 4: Create a Plant Fund code

Plant Fund codes are commonly called Ledger 7 funds. They are related to capital projects and startup funding for new classrooms or laboratories at Northeastern. Plant Fund requests originate in the Facilities Department (for capital projects) and the Provost’s Office (for startup funds).
- Step 1
  
  Complete the Create a Plant Fund Form.
- Step 2
  
  Email the completed form to the Accounting Office at accounting@northeastern.edu. You will receive an email notification when the fund has been created.

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Junnie Ngan
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Create a fund code

Solution 1: Create a Designated Fund code

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Step 2

Step 3

Solution 2: Create an Endowment Fund code

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Step 2

Solution 3: Create a Restricted Fund code

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Solution 4: Create a Plant Fund code

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We Are Here to Help

Buy/Pay for Goods or Services

Pay Northeastern

Plan Travel or Prepare an Expense Report

Find Vendor Information

Manage Funds: Budgets, Accounting, and Taxes

Create a fund code

checkSolution 1: Create a Designated Fund code

Step 1

Step 2

Step 3

checkSolution 2: Create an Endowment Fund code

Step 1

Step 2

checkSolution 3: Create a Restricted Fund code

Step 1

Step 2

checkSolution 4: Create a Plant Fund code

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Step 2

Related Tasks

We Are Here to Help

Solution 1: Create a Designated Fund code

Solution 2: Create an Endowment Fund code

Solution 3: Create a Restricted Fund code

Solution 4: Create a Plant Fund code