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Finance Update: New Project Accounts For Professional Development.

Posted on: Sep 24, 2020

The Finance department has slightly changed the process of Professional Development accounts. With our new upgrade to Financial Edge NXT there is a more efficient and effective way to keep track of expenses. 

New Changes:

  • We will no longer be using GL accounts for individual PD accounts but instead will be transitioning to Project Codes. 
  • The PD project code will be your 6-digit employee ID number  and used to track your PD expenses. If your employee ID is 3 digits, lead with 3 zeroes (e.g 000123), if you employee ID is 4 digits, lead with 2 zeroes (e.g 001234). 
  • When submitting  claims for PD you will reference your PD project code and a universal corresponding GL account.

                            Faculty and ASO           10-5260-8310

                            AO                                    10-5260-8610

*No changes to the process for Staff Officer’s and Support Staff*

Also, with our upgrade to Financial Edge NXT individuals will be granted access to view their Project PD accounts to see details including expenses and remaining balances. 

The Finance office is in the process of rolling out access to everyone with a PD project account but in the meantime we ask that you please familiarize yourself with the new process by watching the training video linked below.  The training video will also be available on Alfresco under the Finance folder. 

How to view your Professional Development Project Account on Financial Edge NXT: https://documents.concordia.ab.ca/page/site/employee-resources/document-details?nodeRef=workspace://SpacesStore/d4fd884a-9ac3-4fc8-896b-7c848290ed45

Professional Development Policy:https://documents.concordia.ab.ca/s/mQAbaeIYSUerybzSgaJdIg

Feel free to email Finance@Concordia.ab.ca or complete our anonymous Google Form if you have any questions, concerns, suggestions, comments, etc.