NCFS Chart of Accounts Sortable by Type

This account includes cash on hand used by the agency for change funds and petty cash funds. It also includes undeposited receipts of the agency at year end.

This account is to be used when an agency has a regular noninterest bearing checking account at a financial institution.

This account includes the following types of accounts:

• Cash in Bank - Interest Bearing Checking Accounts
• Cash in Bank - Savings Accounts
• Cash in Bank - Negotiable Order of Withdrawal Accounts (NOW Accounts)
• Cash in Bank - Money Market Accounts;

This account is to be used by Administrative Office of the Courts (AOC) only. This control represents their pooled trust funds at a financial institution in which funds held in trust are invested in one account and the interest is prorated to the individual trust account in the pool (e.g. Clerk of Court Investment Pools). These accounts are subject to federal insurance.

This account is to be used when an agency has an account at a financial institution and it does not meet the definition of one of the above identified accounts.

This account represents funds on deposit in the State Treasury which are available for expenditures by an agency for authorized purposes. The Office of State Budget and Management authorizes, through quarterly allotments, amounts agencies may expend from appropriations. All balances in the Cash in Allotment Account should revert to the General Fund at year end, except for those balances in the 4XXXX Capital Projects budget code.

This account represents the General Fund cash balance. The use of this account is restricted to agencies that record general fund cash in tax and nontax budget codes (199XX).

This account serves as a clearing account for checks written by agencies. The balance in the account should always be zero. The residual cash balance in the disbursing accounts at the State Treasurer normally represents uncleared checks.

This account represents an agency's share of revenues which have been appropriated from the State's General Fund by the Legislature for capital improvements but have not been released by the Office of State Budget and Management.

This account is used to convert the budgetary bond transactions in the capital projects budget codes to GAAP basis.

This account consists of securities issued by the U.S. Treasury and other U.S. governmental agency, i.e., Federal Home Loan Bank, Federal Loan Bank, Government National Mortgage Association (GNMA), and Federal National Mortgage Association (FNMA). Examples of the types of securities classified within this account would be notes, bonds, or other debt instruments which are issued by these U.S. governmental agencies.

The type of securities reported in this account notes, bonds, or other debt instruments issued by any State or its political subdivision (county, city, etc.).

Securities reported within this account are bonds issued by a U.S. corporation. Some examples of these types of bonds are debentures (unsecured bonds) and convertible debentures (convertible bonds). convertible debenture will be recorded to this account until it is converted to stock.

The types of securities reported in this account usually represent ownership interest possessed by shareholders in a U.S. corporation. Some common examples of these types of securities are common stock, preferred stock, and convertible preferred stock.

An agreement in which a governmental entity (buyer-lender) transfers cash to a broker-dealer or financial institution (seller-borrower); the broker-dealer or financial institution transfers securities to the and promises to repay the cash plus interest in exchange for the same securities. These agreements usually involve federal government obligations and are often executed on an overnight basis.

This instrument is a short-term obligation with a maturity that can range from 2 to 270 days which is issued by banks, corporations, and other borrowers to investors with temporarily idle cash. Such instruments are unsecured and usually discounted, although some are interest bearing. This type of instrument can be issued directly or through a broker. Almost all commercial paper is rated as to credit risk by rating services.

Bankers' acceptances generally are created based on a letter of credit issued in a foreign trade transaction. Bankers' acceptances are short-term, non-interest-bearing notes sold at a discount and redeemed by the accepting banks at maturity for face value.

A form contract sold by life insurance companies that guarantees a fixed or variable payment to the annuitant at some future time usually at retirement.

This account is to be used to record land and all physical property related to it that is owned by state agencies and universities for investment purposes (e.g., endowment fund properties).

The type of securities reported in this account are bonds issued by a corporation whose corporate charter and main corporate headquarters are located outside the United States. Examples of these types of bonds are debentures (unsecured bonds) and convertible debentures (convertible bonds).

The type of securities reported in this account are notes, bonds, or other debt instruments issued by governments outside the United States.

The type of securities reported in this account consists of stocks issued by a corporation whose corporate charter and main corporate headquarters are located outside the United States. Examples of these types of stock are common, preferred, and convertible preferred.

This account consists of all certificates of deposits (CD's) which are either negotiable or non-negotiable.

There are general obligation instruments issued by insurance companies or other companies that are not financial institutions that provide for a guaranteed return on principal over a specified period.

There are general obligation instruments issued by banks or other financial institutions that provide for a guaranteed return on principal over a specified period. The deposits in these contracts are typically subject to federal insurance.