Embedded Files
Module 3: Chart of Accounts
Module 3: Chart of Accounts
In this module, participants will gain a deeper understanding of examples of commonly established SAF accounts. In any accounting system, the chart of accounts systematically categorizes the listing for all accounts. In SAF, the chart of accounts includes data elements of Category Name, Category Number, and Category Umbrella. Sub-category names and numbers may also be used. Category Numbers 1000 through 5999 have been assigned, in sets of 1,000, to each of the following Category Series: Administration, Grade/Graduating Class, Student Activity, Club, and Sport Team. Category Umbrellas are used to group Categories for administration and reporting purposes, for Regular Activities and Special Activities.
Please click on the Student Activity Fund Quizzes link below to access the SAF Quizzes (Modules 2-13). You will receive a confirmation email once you are registered in Canvas LMS with instructions on how to access the system.
The objectives of this learning module include:
The objectives of this learning module include:
Know how to assign a new Category or Sub-Category to a series, umbrella, and activity
Know how to request the establishment of a new Category or Sub-Category
Know when to close an inactive Category, and how to do it
Know how to inform the officers of a graduating class about the options for disposition of a balance left in the class’s Category after graduation
Know what to do with the SAF balance for a class which has already graduated
Know what kinds of expenditures are allowable from General School Categories and related Sub-Categories
Know what to do with funds left over from last year’s grade in elementary and middle or intermediate schools.
Related SPs for Learning Module 2: SAF Overview, Bank Accounts, Login:
Related SPs for Learning Module 2: SAF Overview, Bank Accounts, Login:
Important Forms Discussed in this Module:
Important Forms Discussed in this Module:
Other Related Forms:
Other Related Forms:
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