Other Important Fields

Although not considered chartfields, you should also understand the following fields:
SetID
Purpose: Designates the top level of an accounting structure. UCF is using only one General Ledger SetID: UCF01.
Field Length: 5 alphanumeric characters
Definition: University of Central Florida
Value: UCF01

Business Unit
Purpose:

Used to break down an accounting structure (designated by SetID) into numerous business entities. UCF is using one General Ledger Business Unit under one SetID.

When you see a field with "Unit" in the name of the field, that field is referring to Business Unit.

Field Length: 5 alphanumeric characters
Definition: University of Central Florida
Value: UCF01

Currency Code
Purpose: Specifies dollar currency used.
Field Length: 3 characters
Definition: United States Dollar
Value: USD