Purpose/Scope To provide an overview of the UTSA Chart of Accounts. Authority UTS142.01 National Association of College and University Business Officers (NACUBO) Financial Accounting and Reporting ...

A chart of accounts is a list of accounts for recording and categorizing transactions in a company’s general ledger. It sorts transactions into groups so that you can run reports on them.

Purpose: To introduce the Account ChartField, explain the different levels and categories of accounts, discuss the debit and credit convention associated with accounts, and outline a method for ...

If you set up your chart of accounts correctly, you can save yourself a lot of time later. While adding and removing accounts is a relatively easy process if you use accounting software, it can be ...

Because your company will hopefully grow, you should use three-digit numbers for each account. It is a good idea to leave room for adding new accounts in the numbering system.

Any activity related to HUH or SCHC on Chart D should be recorded using the new accounts for activities occurring on or after January 1, 2018. Revenue and expenditure activity that was not accrued as ...