This accounting key consists of the Account String and the Object Code. Each of its six segments capture a different element (who, what, where, when, and how) of the transaction.

The illustration below shows accounting string. Required attributes are shown in orange, and optional attributes in yellow. Sub-account numbers in KFS can be used to further break down accounts. For a …

Created list of accounts, funds, and departments used by a business entity to define and organize how money is received (revenue) or spent (expense) in it’s general ledger Governed by US GAAP …

The COA structure is a string of informational fields that identifies, segregates, and categorizes transactional and budget data. The COA is comprised of individual chart fields or segments that, …

The example accounting strings in the table below follow the structure Fund.Department.Account Number provides a standardized method for categorizing and tracking financial transactions within …

The Line Item is seven digits, and it is the primary classification of activity for accounting and budgeting purposes. Captures assets, liabilities, fund balance, revenues, and expenditures at the lowest level …

Apr 24, 2025 · Discover what General Ledger (GL) codes are, their importance in financial accounting, and how to use them effectively. Explore best practices for organizing your financial data and …

In PeopleSoft, chartfields are specific data fields that make up the accounting string. They are used to categorize and track financial transactions for reporting purposes.

In KFS, the account string consists of the chart, account, sub-account, object code, sub-object code, project code, org ref ID and amount, sometimes referred to the "transaction string".

GL String and the PTAEO You will classify funds in the General Ledger with the six (6. segments of the GL String. The preceding graphic identifies each segment and illustrates how many characters are.