Chart of Accounts (COA)

COA is a list of the accounts used by an organisation. The list can be numerical, alphabetic, or alpha-numeric. Each nominal ledger account is unique to allow its ledger to be located. The list is typically arranged in the order of the customary appearance of accounts in the financial statements, profit and loss accounts followed by balance sheet accounts.

In KFS, Char of Account maintenance documents can be classified into two groups.

  1. In one group are documents used to modify specific Chart of Account tables. These documents are Account, Global Account, Sub-Account, Object Code, Sub-Object Code, Organization and Project.
  2. The other group is made up of documents used to establish and maintain the use of transaction processing routing. These documents are FIS User, Account Delegate, Global Account Delegate, Review Hierarchy, and Workgroup. Most COA maintenance documents function in the same way, with a document header (document id/no., initiator, created date, org refrence, status, & desc) and two sections in the body labeled Current & New.

COA is a list of the accounts used by an organisation. The list can be numerical, alphabetic, or alpha-numeric. Each nominal ledger account is unique to allow its ledger to be located. The list is typically arranged in the order of the customary appearance of accounts in the financial statements, profit and loss accounts followed…

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