Layout For
Standardized Account Code Structure

To understand the relationship between fields of the Standardized Account Code Structure, consider the following questions when classifying a transaction such as an expenditure.

FUND/GROUP:     Which account is used to administer education expenditures?

RESOURCE               Where have the funds come from?  What is the categorical
(Project/Reporting):    project or restricted revenue source?

PROGRAM                Why was the expenditure made?  What broad purpose does it serve?

FUNCTION       How will the expenditure be used?  On what activities or services 
(Activity):     will funds be spent?
OBJECT:         What specifically is being purchased?  On what particular items will 
               the funds be spent?

SCHOOL:                Where will the funds be spent?  What location benefits from the

Excerpted from a document distributed by the California Department of Education