Chapter 2. Accounting Services
2.3. Account Classifications and Descriptions
General Information
The chart of accounts contained in this section is not intended to be all-inclusive for reporting and/or control purposes within the University. Accounts presented are those main control accounts used; there may be a number of additional accounts subsidiary to these, depending on internal reporting and/or control requirements.
Within the account structure for the University, the first character always represents the fund group to which an account is assigned:
- A - General Fund (current year operations)
- D - Designated Fund
- E - Expendable Restricted Fund
- F - Auxiliary Activities Fund (operations under trust agreements)
- H - Auxiliary Activities Fund (operations not under trust agreements)
- L - Student Loan Fund
- P - Plant Fund
- S - Agency Fund
| History | ||
| Adopted: | 11/13/2001 |
Revised: 03/26/2013 - To reflect current University titles and practice, the email
address for questions is now hbwebmaster.
http://www.admin.mtu.edu/admin/procman/ch2/ch2p11.htm
Copyright © 2013. Michigan Technological University. All Rights Reserved.
Address questions to: hbwebmaster@mtu.edu.
address for questions is now hbwebmaster.
http://www.admin.mtu.edu/admin/procman/ch2/ch2p11.htm
Copyright © 2013. Michigan Technological University. All Rights Reserved.
Address questions to: hbwebmaster@mtu.edu.