Skip to main content
This is documentation for an older release that is still maintained. Latest version
Version: 3

Finance Domain - Overview

Key Entities​

This domain contains:

  • An Account entity to represent funding sources and purposes.
  • An AccountCode entity to represent the set of account codes that may be used to define an account.
  • A Budget entity to represent financial allocations and an Actual entity to represent transactions.
  • A Payroll entity to model personnel compensation.
  • Staff and ContractedStaff entities to model personnel.

Key Concepts​

The key concepts include the following:

  • Codes of various classifications (e.g., Object, Function, Fund) specific to the EducationOrganization entity for a fiscal year are represented by the AccountCode entity.
  • This domain is suitable for tracking federal fund allocations and expenses.
  • This domain is suitable for tracking staff and contracted staff actuals.
  • There are no entities or elements that model ledger information.