7.1.1.1 Account Structure

7.1.1.1

Account Structure

Last Update Approved: November 20, 2013

Edited/Revised: July 8, 2015

Revised Effective: August 7, 2015

Middle Georgia State University utilizes the USG standard chart of accounts. The standard chart of accounts is published in the Section 2.0 of the USG Business Procedures Manual.

The account structure includes multiple account number segments (referred to as Chartfields within the PeopleSoft Financials System). The segments include:

  • Fund Group
  • Function Code (Program)
  • Funding Source Code (Class)
  • Department
  • Project Indicator
  • Account Code
  • Budget Period

The Department and Project Indicator segments are the two segments that are less standardized across the USG and allow for institution specific coding.

Additional information about the segments of the account number can be found in the USG BPM or by contacting the Office of Accounting Services.