Chart of Accounts

Chart of Accounts

Account

 

An Account is a required field that is used to classify the nature of a financial transaction.

UCF Financials uses five account types:

  • A – Asset
  • L – Liability
  • Q – Equity
  • R – Revenue
  • E – Expense

The Account field contains six digits. The first digit represents the type of account.

* Creation of UCF ChartFields generally adheres to the logic and naming conventions presented in this training course, but limited exceptions do exist.

Account 
Account CodeDescriptions
112000Cash in Bank
141000Pooled Inv with State Treasurer
722501 Postage
726101Travel in State