FINANCE TRAINING OVERVIEW
CHART OF ACCOUNTS
The Chart of Accounts consists of 4 elements - Fund, Organization, Account and Program (the FOAP).
- Fund: Funds segregate autonomous pieces of business from general university operations. General university business is conducted in fund 100000.
- Organization (Org): Org codes attribute items to specific departments or units.
- Account: Account codes designate the type of transaction that is being conducted.
- Program: Program codes specify the function to which the transaction relates
FINANCE SYSTEM ACCESS
The Finance Access Form grants access to Banner SSB, Banner INB, Cognos Reporting and ePrint Report Repository
BANNER INB (INTERNET NATIVE BANNER)
Banner INB is the official system of record for Illinois Tech. Use Banner INB to process transactions and query budget and transaction information. Online requisitioning is one of the most common transactions performed in INB.
BANNER SSB (SELF SERVICE BANNER)
Banner SSB allows you to perform a limited set of functions and access certain information through the myIIT portal. It is more user-friendly and accessible than INB. Common functions performed in self-service include basic budget queries, document approval and inter-fund budget transfers.
Financial operations, payroll and research reports available to run on demand.
Banner Budget to Actual and Labor Distribution reports archived monthly.
Reports run by the Controller's Office and emailed to financial managers monthly. To change the designated recipient for your department contact the Controller's Office email@example.com
TIME AND EFFORT REPORTING
WEB TIME ENTRY
Questions or concerns about Web Time entry submissions and approvals should be directed to Ali Baldwin (312.567.3334) in the Controller’s Office.