Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I re-use an old Speedchart number with a new Fund/DPA combination?

0
Posted

Can I re-use an old Speedchart number with a new Fund/DPA combination?

0

No. Many departments like to “recycle” or reuse Speedchart numbers when funding changes for a project. Since the Speedchart is used to track departmental expenditures, it is essential that the Speedchart be tied to a unique set of chart field string combinations. While a Speedchart may be modified to add Fund Years or additional Fund/DPA combinations, for example, it may not be closed and reused without creating potential audit issues. Instead, if you want to continue using a speedchart for a particular project with a new fund number, modify the speedchart by inactivating the outdated chart field combination line and create a new line with for the new Chartfield combination.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123