Define Accounting Segments
Define the accounting segments for your ledger. This structure determines your chart of accounts. This includes the number and order of individual segments as well as the value sets assignment for the segments.
When you define the chart of accounts, you must map the chart of account segments to these segment labels:
Segment |
Segment Label |
Segment Length |
Segment Required For |
---|---|---|---|
Fund |
Balancing Segment |
Agency determined |
|
Natural Account |
Natural Account Segment |
Agency determined (typically 8; 6 for the USSGL, plus 2 for sub accounts) |
|
Budget Fiscal Year |
Budget Fiscal Year Segment |
4 |
Required to determine if a transaction generates prior year adjustment accounting. |
Year of Budget Authority |
Year of Budget Authority Segment |
4 |
Required to determine if budget authority is for the current or a previous fiscal year for GTAS reporting. |
Cohort Year (optional) |
Cohort Year Segment |
4 |
Needed for GTAS reporting. |