Basic Accounting Category

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The basic accounting category code groups the object type codes into the basic accounting categories for reporting purposes.

Note

For more details about the object type code, see Object Type.

The Basic Accounting Category document includes the Edit Basic Accounting Category tab. The system automatically enters data into both the Old and New sections. Selected data fields are available for editing.

Edit Basic Accounting Category Code tab definition

Title

Description

Basic Accounting Category Code

A code for the basic accounting category that groups the object type codes for reporting purposes.

Basic Accounting Category Description

Required. The name that describes a basic accounting category code

Basic Accounting Category Short Name

Required. An abbreviated name for a basic accounting category code to be used for reporting where space is limited

Financial Reporting Sort Code

Required. A financial reporting sort code to place fund groups in a particular sequence on reports

Active Indicator

Indicates whether this basic accounting category code is active or inactive. Remove the check mark to deactivate a code.

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