Fund Accounting Elements

Fund accounting reflects measures concerning funds and general ledger accounts.  It is the basic one of four elements that must be defined for fund accounting to work properly:  Fund, Revenue, Object, and Balance Sheet Account.  These four elements enable each fund of a government to have a self-balancing set of accounts sufficient to capture all the reported attributes of a portion of the government’s activities and resources.  When all of the funds and their ledger accounts are summarized, a complete picture of a government’s financial situation is produced.  

 

Name

Length

Key#1

Key#2

Key#3

Fund

Code

Fund

4

Fiscal Year

 

 

Sub

Sub Fund

4

Fiscal Year

Fund

 

Rollup 1

Fund Class

3

 

 

 

Rollup 2

Fund Category

4

 

 

 

Rollup 3

Fund Type

4

 

 

 

Rollup 4

Fund Group

4

 

 

 

Rollup 5

CAFR Fund Group

4

 

 

 

Rollup 6

CAFR Fund Type

4

 

 

 

Object

Code

Object

4

Fiscal Year

 

 

Sub

Sub Object

4

Fiscal Year

Object

 

Rollup 1

Object Class

4

 

 

 

Rollup 2

Object Category

4

 

 

 

Rollup 3

Object Type

4

 

 

 

Rollup 4

Object Group

4

 

 

 

Rollup 5

CAFR Major Expense Type

4

 

 

 

Rollup 6

CAFR Minor Expense Type

4

 

 

 

Revenue Source

Code

Revenue Source

4

Fiscal Year

 

 

Sub

Sub Revenue

4

Fiscal Year

Revenue Source

 

Rollup 1

Revenue Source Class

4

 

 

 

Rollup 2

Revenue Source Category

4

 

 

 

Rollup 3

Revenue Source Type

4

 

 

 

Rollup 4

Revenue Source Group

4

 

 

 

Rollup 5

CAFR Major Revenue Type

4

 

 

 

Rollup 6

CAFR Minor Revenue Type

4

 

 

 

Balance Sheet Account

Code

Balance Sheet Account

4

Fiscal Year

 

 

Sub

Sub Balance Sheet Account

4

Fiscal Year

BSA

 

Rollup 1

Balance Sheet Class

4

 

 

 

Rollup 2

Balance Sheet Category

4

 

 

 

Rollup 3

Balance Sheet Type

4

 

 

 

Rollup 4

Balance Sheet Group

4

 

 

 

Rollup 5

CAFR Major BSA Group

4

 

 

 

Rollup 6

CAFR Minor BSA Group

4

 

 

 

 

This section of the user guide includes the following areas: