What is Funding Entry / Position Funding about?
The Funding Entry or Position Funding module in UCPath is critical for assigning and maintaining funding for positions. Position funding directly impacts payroll accuracy, budget alignment, and financial reporting, making it an important component of UCPath operations.
The Position Funding training empowers Initiators and Approvers to effectively set up, update, and approve funding details for positions in UCPath. Through a hybrid learning approach, this course combines foundational knowledge with hands-on practice to ensure confidence in managing position funding transactions while maintaining compliance and meeting key payroll deadlines. Over time, as you become familiar with the system, you’ll begin to recognize patterns and think about how these transactions fit into the bigger picture.
Terminology
Funding in UCPath can also be referred to as a Full Accounting Unit (FAU) or a Chartstring.
