Components of Legacy System Account Codes
Last Updated: October 8, 2021 8:50:53 AM PDT
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Learn about the major components or sub-accounts of the legacy financial system operating ledger account codes.
Legacy System Expenditure account codes
Expenditure account codes are divided into categories based on the type of expenditure. These account classifications are called sub-accounts or, simply, subs. For example, account code 652900 is a sub 5, or travel account.
Legacy System Sub-accounts
The sub-account is an important attribute because it signals which expense transfer procedure(s) to use.
Legacy System Second digit
The second digit of the account indicates the category or sub-account:
| Sub-account code | Sub-account type |
|---|---|
| 60xxxx | Academic salaries |
| 61xxxx | Staff salaries |
| 62xxxx | General assistance (casual and student) |
| 66xxxx | Benefits |
| 63xxxx | Supplies and expenses |
| 64xxxx | Equipment |
| 65xxxx | Travel |
| 68xxxx | Unallocated |
| 69xxxx | Recharge income |
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