Chart of Accounts & General Ledger
Chart of Accounts: A Chart of Accounts (COA) is the governing structure for all financial transactions. Indiana University generates thousands of financial transactions on a daily basis. IU's COA drives the university's external compliance, internal and external reporting and organizes all financial data in the general ledger. This section details the main COA attributes and how they are used to organize financial data.
General Ledger: The general ledger (GL) is the repository of all financial and budget information for IU. The GL provides a record of each financial transaction that takes place during the life of all departments within IU. This section will outline key concepts and definitions needed to understand and read the GL.