MODULE 1 - FastFund Orientation
MODULE 2: User and Company Configuration
MODULE 3: Core Fund Accounting Principles
MODULE 4: Entity Management
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Lesson 3.3: Activity

Practical Activity: Defining the Account Structure

Objective: Configure the “skeleton” of your Chart of Accounts by defining segment lengths and labels.

1. Access Accounting Settings: From the Main Menu, click the Gear icon to access Administration. Under Company Setup, select Accounting Settings (or Account Definition depending on your version view).

2. Define Segment Lengths: Set the Fund length to “2” digits. Set the Object Code length to “4” digits.

3. Label Cost Centers: Under the Cost Center segment area, click the label dropdown. Select “Program” for the first cost center and set its length to “3”. If you do not need a second or third cost center, leave those lengths at “0”. Click Save.