It combines an integrated financial database with powerful general ledger accounting, budgeting, inquiry and reporting features. Their will be some changes in the terminology that you currently use and what is used in the Shared Financial System. In SFS, the individual fields in the accounting structure are called Chartfields. The chartfields in SFS are essentially the same as the accounting codes used in the legacy system.
New terminology is used for some of the chartfields.
Some of the legacy system object class codes have been combined into one SFS Account. If more detail tracking is needed, a new field called Sub Classification can be used at the discretion of each campus. As mentioned above, what we now call Object Class or Class Code will be called Account. Not only is the name changing, but most of the numbering that you are used to will change. You can see a table showing the changes to the class codes here.