Chart of Accounts-Standard Classification and Glossary of Expenditures

Expenditures identify the various natural usages of monies in supporting the diverse programs and operations of the institution, and are classified by account class, major account, minor account and subsidiary account. In this standardized chart of accounts the broadest standard classification of expenditures is by account class, e.g., SUPPLIES. Account classes are divided into major accounts, e.g., Office Supplies. Some major accounts are divided into minor accounts. Conversely, minor accounts summarize into major accounts, and major accounts summarize into account classes.

The standardized coding system is designed to accommodate nonstandard divisions of minor accounts into subsidiary accounts. This design is achieved by not committing to standardized usage for the fifth digit of the numerical codes which represent accounts. Individual institutions may utilize that digit at their discretion. However, several standardized subsidiary accounts exist under major account 73100 Travel. Only those classifications and codes which comprise the state wide standardized chart of accounts will appear on budgets and budget expenditure reports.

Minor accounts are available for local usage where minor accounts are not standardized and, concurrently, where no other minor account exists under a major account. For example, minor accounts 73210 through 73290 are available for institutional usage, but minor accounts 71440, 71480, and 71490 are not available. "Vacant" major accounts are not available for local usage. Also, the standardized expenditure account codes and titles are not subject to alteration.

The chart which follows identifies the numerical classification code for each data element, the classification titles, the glossary of classification titles, and the hierarchy and ordering of the data elements. The definition of an account class is applicable to each of its constituent major accounts, and the definition of a major account is applicable to each of its constituent minor accounts.

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N.C. A&T to Conduct Siren Test Wednesday, May 30

A siren test will be conducted at North Carolina Agricultural and Technical State University at 10 a.m. Wednesday, May 30. This is a university-wide siren test, conducted by the university's emergency management team for the purpose of system maintenance. The test will last approximately 10 minutes.

N.C. A&T and UNCG Expand Joint Social Work Program to Offer Ph.D. 

North Carolina Agricultural and Technical State University’s joint social work program with the University of North Carolina at Greensboro will now include a Ph.D. degree in addition to the existing master’s degree. The UNC System Board of Governors approved the request and expansion at its meeting today. 

STEM Early College at N.C. A&T Earns National Recognition from Two Top Sources

GREENSBORO, N.C. (May 23, 2018) – The STEM Early College at North Carolina Agricultural and Technical State University has earned prominent national recognition in two different evaluations of school quality and character across the country.