Ledger 0 Blocking
Ledger 0: Current Unrestricted Funds
Unrestricted Budget—Assets, Liabilities, and Fund Balance
General Ledger Range: 0-16500/19499
Applicable Account Controls: 1100/9640
Definition:
The unrestricted budget encompasses the activities of the University’s academic areas (the College, the Divisions, the Professional Schools), the administrative offices serving those areas (Office of the President, Office of the Comptroller, etc.), and the operations and maintenance of campus buildings and grounds.
Unrestricted budget assets are resources; liabilities are obligations; and fund balance (also called net assets) is the residual interest in the assets after liabilities have been paid.
| CLASSIFICATION | GENERAL LEDGER | |
| FUND BALANCES (For Indirect Updating Only) | 0-16500/16999 | |
| ASSETS: | ||
| Petty cash and working funds | 0-17000/17299 | |
| Investments | 0-17300/17399 | |
| Accounts receivable | 0-17400/17699 | |
| Student | 0-17400/17499 | |
| Other | 0-17500/17599 | |
| Allowance for uncollectable accounts | 0-17600/17699 | |
| Notes receivable | 0-17700/17749 | |
| Inventories | 0-17750/17799 | |
| Deferred charges/prepaid expenses | 0-17800/17849 | |
| Accrued income | 0-17850/17859 | |
| Due from other funds | 0-17900/17949 | |
| LIABILITIES: | ||
| Accounts payable | 0-18300/18399 | |
| Payroll deductions | 0-18400/18599 | |
| Accrued expenses | 0-18800/18899 | |
| Deferred revenue/advances/deposits | 0-18900/19099 | |
| Due to other funds | 0-19100/19149 | |
| Suspense and clearing | 0-19350/19499 | |