Glossary of Terms

Z Level DeptID
Predetermined grouping of one or more deptIDs that represents a budget level within a RRC whose aggregate total by fund is used as the level at which deficits are monitored by the fiscal monitor and RRC Manager. (See DeptID tree).
Zero Balance Accounts
University established Domestic bank accounts for which the sole purpose is to make subject payments. This payment option is rare and utilized when it has been proven that no other means of payment is feasible.