Internal Transaction Initiator (ITI) Document Type

Purpose

The Internal Transaction Initiator (ITI) Document Code exists to collect information for just one party involved in an internal purchase or transfer.  It allows that party to set the one or more funding distributions (COA combinations) desired, the amount(s), basic accounting model, and optionally set the Fiscal Year, Accounting Period, and Budget Fiscal Year.  One or more parties will then complete the internal purchase or transfer by referencing the ITI with an Internal Transaction Agreement (ITA), which will be discussed next.

The ITI does not perform any accounting or budget updates.  Those will come with completion of one or more ITA documents.

Structure

The ITI Document Code is comprised of just three document sections containing many fields common to accounting documents along with several that support the business functions of the ITI.

The ITI contains the following sections:

Related Topic(s):