How do I Read the "Account String" (What the different segments represent)

Ex = Example

When reading financial reports the account string will look like 11-54006-1-40100

Below is further information related to the accounting string:

Segment 1 - Fund (2 digits)

XX-xxxxx-x-xxxxx-xxxxx

11

Current Unrestricted

 

 

 

 

12

Unrestricted Projects

 

 

 

 

14

Endowment Unrestricted

 

 

 

 

16

Plant Unrestricted

 

 

 

 

21

Temporarily Restricted (project accounts with specific donations)

 

 

24

Endowment Temporarily Restricted

 

 

 

26

Plant Temporarily Restricted

 

 

 

34

Endowment Permanently Restricted

Segment 2 - Main Account (5 digits)

xx-XXXXX-x-xxxxx-xxxxx

First number of the segment determines main account type

1

Assets

 

 

 

 

 

2

Liabilities

 

 

 

 

 

3

Fund Balance/Net Assets

 

 

 

 

4

Income

 

 

 

 

 

5

Expense

Segment 3 - Location (1 digit)

xx-xxxxx-X-xxxxx-xxxxx

1

Yankton

 

 

 

 

 

2

Watertown

 

 

 

 

 

3

Sioux Falls

 

 

 

 

 

4

Federal Prison Camp

Segment 4 - Department (5 digits)

xx-xxxxx-x-XXXXX-xxxxx

First number of the segment determines functional area

1

Academics

 

 

 

 

 

2

Academic Support & Academic Projects

 

 

 

3

Student Affairs & Athletics

 

 

 

 

4

Institutional Support & Advancement

 

 

 

5

Facilities

 

 

 

 

 

6

Fund Sources

 

 

 

 

7

Fund Sources

 

 

 

 

8

Auxiliary Sales and Service

Segment 5 - Mission (5 digits)

xx-xxxxx-x-xxxxx-XXXXX

First number of the segment represents a function

1

Student Clubs

 

 

 

 

2

Athletics

 

 

 

 

 

3

MMU Projects/Clubs

 

 

 

 

4

MMU Projects/Clubs

 

 

 

 

5

MMU Events

 

 

 

 

 

6

OPEN

 

 

 

 

 

7

Annual Scholarships

 

 

 

 

8

Endowed Scholarships

 

 

 

 

9

Fund Sources (Private, State, Federal)

 

 

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