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.

The business organization chart is the blueprint for the numbering system in your general ledger, which contains all of the department accounts your business uses. Each general ledger account is ...

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.

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 ...

The first step in selecting the proper account for a particular situation is to determine whether the transaction being recorded is a budget transaction or an actual transaction.For a budget ...

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 ...