A Speedtype is an index number that identifies an activity in the general ledger. It refers to a unique combination of fund, org, program, project and subclass, which are collectively known as chartfields ("What is a Chartfield?"). Consistent with principles of fund accounting, wherein each activity is tracked separately to demonstrate compliance with various restrictions and purposes, each speedtype is a separate set of self-balancing accounting records having its own balance sheet and income statement. These speedtypes are classified into funds with similar characteristics. The first digit in a speed-type designates the campus (UCD is 6), the second and third digits indicate the fund, and digits four through eight are a sequential number.
For any speed-type questions, contact Derick.Gavidia@UCDenver.edu 303-315-0395.