Fund Management Overview

Budgetary funds are established for purchase of new acquisitions for the information centre.

Funds are created for a specific period of time, usually the current financial year.

Only currently active funds are available when placing orders and allocating costs.

Establishing a Start Date and End Date for each fund is important to ensure only currently active funds are available when placing orders and allocating costs.

Funds established in a previous financial year (or other time period) are archived by the system. All funds can be accessed by searching for the fund record under SEARCH>Budget.

FIRST also allows you to create funds for individual patrons. A view of a patron’s funds is available on the PATRON>Financial tab screen.