Account Components

22.4 and later.

To comply with the requirements of the Uniform Chart of Accounts as defined by the certain states, some districts need to define two components for an account, for example. the account type and the object/account, and set titles for the values of these components. The labels for the account components are defined in the translation table.

If the Full Account Format option is enabled in the Fund Accounting profile and the Budget or Fund Accounting translation table contains two account components, then:

• If a new account is added, the account components exist in the account components table. However, if the account components do not exist, then the components are added based on the new account that the user created.

• The link to the Account Components page appears in the Action Bar of the Account List page. The user can use the account components page to define a code and title for the two account components. The user can also update and delete an account component.

Menu Path

From the Fund Accounting menu, select Reference Tables. From the Account List menu, select Account Components.

Add an Account Component

1. Select Add New.

2. Select the level from the drop-down list.

3. Enter a unique Code

4. Enter a Title.

5. Select OK to save the record.

Update an Account Component

You can only change the title of an account component.

1. Specify the required search criteria.

2. Select the relevant account component and update the title as required.

3. Select OK to save the record.

Delete an Account Component

You can delete an account component only if it is not used by an account code.

1. Specify the required search criteria.

2. Select the relevant account component from the search results.

3. Select Delete.