ACCOUNTS (Chart of Accounts)

Each Account is unique and the program will not allow you put in a duplicate Account number. The terms "Account" and "Account number" mean exactly the same thing. For purposes of school/department budgets, an Account number is comprised of 9 fields (The Budget Year field plus 8 SACS fields). Each Account will have: 1) Budget Year Example: 97-98 or 1997-98, etc. You may use letters or numbers to designate the Budget Year. You MUST be consistent. If you have a Budget Year of 97-98 for an Account and then you use Budget Year 1997-98 (note the extra 19) for another Account, you have actually created 2 separate budgets. You may track as many separate budgets as you wish, however, each separate account within a budget MUST have identical Budget Years. Budget Years may be letters or numbers up to 7 digits. 2) Fund Example: 01, 02, etc. The actual Fund numbers are the numbers used by your district. Some types of Funds are General-Unrestricted, General-Restricted, Lottery, Donations, etc. Your specific Fund numbers are supplied by your District Office or County Accounting Departments. Fund numbers may be letters or numbers up to 2 digits. 3) Resource Example: 1000, 2000, etc. The actual Resource numbers are the numbers used by your district. Some types of Resources are Instructional Program, School Administration, Chapter I, etc. Your specific Resource numbers are supplied by your District Office or County Accounting Departments. Resource numbers may be letters or numbers up to 4 digits. 4) Project Year Example: 0, 1, etc. 5) Goal Example: 1000, 2000, etc. The actual Goal numbers are the numbers used by your district. Some types of Goals are Instructional Program, School Administration, Chapter I, etc. Your specific Goal numbers are supplied by your District Office or County Accounting Departments. Goal numbers may be letters or numbers up to 4 digits. 6) Function Example: 1000, 2000, etc. The actual Function numbers are the numbers used by your district. Some types of Functions are Instructional Program, School Administration, Chapter I, etc. Your specific Function numbers are supplied by your District Office or County Accounting Departments. Function numbers may be letters or numbers up to 4 digits. 7) Object Example: 4110 or 4311, etc. The actual Object numbers are the numbers used by your district. Some types of Objects are Office Supplies, Textbooks, Travel & Conference, etc. Your specific Object numbers are supplied by your District Office or County Accounting Departments. Object numbers may be letters or numbers up to 4 digits. 8) School Example: 001, 002, etc. The actual School numbers are the numbers used by your district. Your specific School numbers are supplied by your District Office or County Accounting Departments. School numbers may be letters or numbers up to 3 digits. 9) Management Example: 1000, 9999, etc. The actual Management numbers are the numbers used by your district. Your specific Management numbers are supplied by your District Office or County Accounting Departments. Management numbers may be letters or numbers up to 4 digits. Examples of unique Account numbers might be: 98-99 01 1100 0 1110 1000 4110 175 1000 98-99 01 1100 0 1110 1000 4311 175 1000 Although the only difference is the Object number (4110 vs 4311), these are unique account #'s. Globally, PowerBudget can accommodate any combination of the 8 SACS fields: (Fund, Resource, Project Year, Goal, Function, Object, School, Management). Some examples of Accounts with allocated money: Approp $ refers to the amount of money allocated (also known as the Original Appropriation $). *************************************************************** Year 98-99 Fund 01 = General-unrestricted Resource 1100 = Lottery Project Year 0 Goal 1110 = Regular Education K-12 Function 1000 = Instruction Object 4110 = Textbooks School 175 = Any School/Department Management 1000 = Management code Approp $ 40,000 *************************************************************** Year 98-99 Fund 01 = General - unrestricted Resource 1100 = Lottery Project Year 0 Goal 1110 = Regular Education K-12 Function 1000 = Instruction Object 4311 = Other Instr. Matls School 175 = Any School/Department Management 1000 = Management code Approp $ 10,000 ***************************************************************

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