Administration
Human Resources
Auxiliary Services
■ Campus Police
5XXXXXX – Other Institutional Support
501XXX – Advancement
502XXX – Communication
503XXX – Information Technology
504XXX – Facilities and Capital Planning
■ Facilities and Capital Planning
Housekeeping
■ Grounds
Motor Pool
Safety
6XXXXXX – General University
The Account (ACCT) is a 6-digit code that identifies the nature of the account and defines where it is presented in the financial statements. The first 2-digits identify the Account Type which is used to group the accounts to ensure that financial reporting follows generally accepted accounting principles (GAAP) and other regulatory reporting requirements.
Financial statement line items are bolded.
10 – Assets include current assets, fixed assets, contra assets, and other assets. These are generally reported in order of liquidity.
Current assets are those assets which are available or can be made readily available to meet the cost of operations or to pay current liabilities.
11 – Cash and cash equivalents – each bank account needs a unique account code
1101 – Claim on cash
11XX-Cash in bank
Institutional general bank account
Depository (sweep to general)
Disbursement (sweep to general)
Vendor
Payroll
111X - Change funds
112X – Cash in state accounts
12 – Restricted cash – each bank account needs a unique account code (Account Type 12)
Federal Perkins loan fund
Federal funds clearing