What is a Chart of Accounts?
The Chart of Accounts (COA) is the coding structure that defines an organization’s operations in financial terms and serves as the building block of the general ledger and financial reporting. Simply put, it organizes business activities using codes and hierarchies to enable financial analysis and reporting. We use this information to communicate how our transactions support ETSU's educational and research mission. Our COA in Voyager consists of 9 segments – entity, organization, fund, fund type, account, functional class, purpose, activity, and site. These segments allow ETSU to fully meet our regulatory and reporting needs. Additionally, they provide an opportunity for alignment and efficiencies.
Goals:
- Improved Data Accuracy: The new COA reduces errors by standardizing account classifications and ensuring consistent data entry.
- Enhanced Reporting: With a more organized and logical account structure, generating financial reports is faster and more accurate, enabling timely insights for strategic planning.
- Flexibility and Scalability: The multidimensional COA provides greater flexibility in managing financial data, allowing for easy adjustments and scalability as the organization grows or changes.
Chart of Accounts Intro Video
The Chart of Accounts team has been committed to re-imagining Voyager’s Chart of Accounts, expanding the accounting string to enhance ETSU’s ability to utilize more detailed data. This expansion will support more comprehensive and granular reporting for analyzing various campus activities. The redesigned Chart of Accounts will include six required segments, along with three additional segments. An introductory video provides an overview of the design and explains these segments in detail. Questions regarding the chart of accounts can be directed to the Chart of Accounts Team – Ashley McBee, Andrea Jimenez, or Stephanie Fletcher
Chart of Accounts Resources by Segment
Entity
Organization
Fund
Fund Type
Account
Functional Class
Purpose
Activity
Site
Search your Banner Index to confirm the appropriate Voyager GL string.
Quick Reference Guides to Print
| Quick Reference Guide | POETAF Guide | COA Chart |