Common Elements Used in Contracts for Government Contracting

Account

ChartField that identifies the nature of a transaction for corporate accounts.

Accounting Date

Date for accounting entries for an activity.

Activity ID

PeopleSoft Project Costing activity identifier assigned to a task within a project.

Bill To Customer

Customer receiving the invoice.

Billing Business Unit

PeopleSoft Billing business unit representing a grouping of customer invoices.

Business Unit

Identification code that represents a high-level organization of business information. Use a business unit to define regional or departmental units within a larger organization.

Budget Reference

ChartField that identifies unique control budgets when individual budgets share budget keys and overlapping budget periods.

Class Field

ChartField that identifies a particular appropriation when you combine it with a Fund, DeptID (department ID), Program Code, and Budget Reference ChartField. This field is not applicable to government contracts.

Contract or Contract Number

Displays the unique identifier for a contract that can be assigned by the system or the user.

Contract Type

Enables you to categorize your contracts for reporting purposes.

Currency

Code that identifies the currency for an amount, such as USD or EUR.

Fund Code

ChartField that represents structural units for education and government accounting. Can also represent a divisional breakdown in your organization.

Fund Affiliate

ChartField that is used to correlate transactions between funds when using a single intraunit account.

Line

Displays the contract line number associated with the product after it has been added to the contact.

Operating Unit Affiliate

ChartField that is used to correlate transactions between operating units when using a single intraunit account.

Process Monitor

Click this link to view the status of submitted process requests.

Program Code

ChartField that identifies groups of related activities, cost centers, revenue centers, responsibility centers, and academic programs. Tracks revenue and expenditures for programs.

Report Manager

Click this link to view report content, check the status of a report, and view content detail messages.

Run

Click this button to specify the location where a process or job runs and the process output format.

Run Control ID

Identification code that identifies the run parameters for a report or process.

SetID

Identification code that represents a set of control table information or tablesets. A tableset is a group of tables (records) necessary to define your company's structure and processing options.

Sold To or Sold To Customer

Customer buying the products and services specified on the contract.