A fund is a self-balancing set of accounts. Use funds to separate accounts into groups specific to certain activities, donor-imposed restrictions, or objectives.

Tip: When you define your account structure, the fund code is by default the first segment of an account number, but you can move it into any position.

The fund record displays information about a fund, such as fund ID, description, and transaction requirements. From the fund, you can lock beginning balances. You can also add notes and alerts to the fund, and view fund history.

You can add and edit funds, and lock beginning balances under General ledger, Settings, GL setup, Funds.