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Administrative Procedure 8.611 Administrative Procedure 8.611



Title

Account Code

Header

Administrative Procedure Chapter 8, Business and Finance
Administrative Procedure AP 8.611, Account Code
Effective Date:  May 2016
Prior Dates Amended:  December 2001, July 1987
Responsible Office:  Office of the Vice President for Budget and Finance/Chief Financial Officer
Governing Board and/or Executive Policy: EP 1.102, Authority to Manage and Control the Operations of the Campus
Review Date:  August 2018

I. Purpose

To describe the structure and purpose of the University’s account code.

II. Definitions

No policy specific or unique definitions apply.

III. Administrative Procedure

A.    Account Code – The account code is a unique seven (7) digit number representing a functional unit established for the specific purpose with one individual having primary responsibility for it. It monitors the financial activities for a functional unit.  There are two (2) types of data maintained for an account, attribute and dollar data. 

    1.    Attribute Data – Non-dollar descriptive information associated with an account allowing reporting flexibility.

    2.    Dollar Data – Dollar values associated with an account providing the financial information.

The account code ranges in the Kuali Financial System (KFS) are listed in Attachment 1.

B.    Attributes – Non-dollar descriptive data associated with an account of the functional unit for which transactions originate.  Attribute information can be viewed through the lookup and maintenance screens in KFS.  See the Chart of Accounts (COA) Attributes Table for descriptions of each attribute in Attachment 2.

C.    Payroll Accounts – Processing transactions through the KFS requires a thirteen (13) digit code which consists of the seven (7) digit account code and four (4) digit object code and two (2) digit chart code.  However, processing payroll transactions through the State Payroll System requires a twelve (12) digit account code structure as shown in Attachment 3.

IV. Delegation of Authority

There is no administrative specific delegation of authority.

V. Contact Information

    
General Accounting and Loan Collection, 956-8278, or uhgalc@hawaii.edu
Website:  http://www.fmo.hawaii.edu/general_accouting/index.html

VI. References

•    Link to superseded Executive Policies in old format https://www.hawaii.edu/policy/archives/ep/
•    Link to Administrative Procedures in old format https://www.hawaii.edu/policy/archives/apm/sysap.php

VII. Exhibits and Appendices

Attachment 1:  KFS Account Code Ranges
Attachment 2:    Chart of Account Attributes
Attachment 3:    Payroll Twelve Digit Account Code Structure

Approved

    Signed    
    Kalbert Young    
    May 20, 2016    
    Date    
    Vice President for Budget and Finance/Chief Financial Officer

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