To the right is an example of a hierarchy for a Federal fund. Organization is a six character code describing the department or office of the University. Organization codes are arranged in hierarchies of up to eight levels by Vice Chancellor area. These are the organization codes that are used for a department's academic activities. The last three digits of the Medical Center organization codes generally represent cost centers.
Account is a six character code that describes the basic accounting classifications.
System Control 4. Fund Balance Operating Ledger 5. Transfer Account Codes are organized in a hierarchy for each account type. The hierarchy has four levels and the lowest level is the recording level. The highest level, Level 1, is used as a sorting criteria, in the Operating Ledger report.