Chart of Accounts
FUND E-Z offers two different chart of accounts structures to choose from:
- Standard chart of accounts
- Custom chart of accounts (requires FUND E-Z Pro)
The standard chart of accounts accommodates most nonprofits. More complex
organizations can create a custom chart of accounts. Both contain funds and
cost center segments to track programs, projects, grants, funding sources,
restrictions, departments, locations, etc.
Standard Chart of Accounts (fixed segments):
|
Segment
|
Financial Statements Provided |
Max Length |
| Fund Level |
Balance Sheet /
Revenue and Expense |
4 |
| Account Level |
Financial Statement Line Items |
6 |
| Cost Center 1 |
Revenue and Expense |
4 |
| Cost Center 2 |
Revenue and Expense |
4 |
| Cost Center 3 |
Revenue and Expense |
4 |
|
Total: |
22 |
Custom Chart of Accounts (variable segments):
|
Segment
|
Financial Statements Provided |
Max Length |
| Fund Level |
Balance Sheet /
Revenue and Expense |
10 |
| Account Level |
Financial Statement Line Items |
10 |
| Cost Center 1 |
Balance Sheet (optional) /
Revenue and Expense |
10 |
| Cost Center 2 |
Balance Sheet (optional) /
Revenue and Expense |
10 |
| Cost Center 3 |
Balance Sheet (optional) /
Revenue and Expense |
10 |
| Cost Center 4 |
Balance Sheet (optional) /
Revenue and Expense |
10 |
| Cost Center 5 |
Balance Sheet (optional) /
Revenue and Expense |
10 |
| Cost Center 6 |
Balance Sheet (optional) /
Revenue and Expense |
10 |
| Cost Center 7 |
Balance Sheet (optional) /
Revenue and Expense |
10 |
| Cost Center 8 |
Balance Sheet (optional) /
Revenue and Expense |
10 |
|
Total: |
100 |
|