A fund is a self-balancing set of accounts. Funds separate accounts into groups specific to certain activities, donor-imposed restrictions, or objectives. 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. You must add funds to General Ledger before you can enter accounts.

For information on adding funds, refer to How to add a fund in The Financial Edge (BB145568).