A sub ledger account number begins with a number between 1-8. A general ledger is a 6 digit account number that contains assets, liabilities and fund balance for the current year as well as all prior years. It is cumulative from when the account began. A general ledger account number always begins with zero and may be used in conjunction with the corresponding sub ledger. The general ledger will also summarize the information from the corresponding sub ledger for budget, revenues and expenses.
Object codes are the last four digits of the ten digit account code.
These codes tell the FRS accounting system what kind of expense or revenue you are incurring. Please see Object Codes on our web site for a complete list of these. The surplus auction does not make a lot of money after the bills are paid. Often times, the money gained from the sale of equipment will not cover these costs. If I tried to determine where every item comes from, there may be a chance that a department would have expenses to cover for this disposal.