Accounting -
| The recording of revenues and expenditures according to generally accepted accounting principles to provide meaningful financial information. |
| Account Coding - | Account coding is the identification on an invoice or deposit record of an account to which a particular transaction is to be charged or credited. |
| Account Number = Folio = General Ledger (G/L) Code/Number = Account Code - | The number assigned to identify a classification of Revenue or Expense item.
St. Paul's R.C.S.S.D. uses the following 12 digit structure for account codes:
| 6 numbers= | 3 numbers= | 3 numbers= |
| Account Number | Facility Number | Classroom/Program/Project Depart. |
|
| Charge against an Account - | The recording of an expense is a charge to an account. |
| Chart of Accounts - | A list of account codes for an accounting entity. |
| Credit to an Account - | The recording of a revenue item to a revenue account is a credit to the Revenue Account. |
| Disbursements - | Payment of amounts owing, for goods and services purchased or consumed, usually by way of cheque. |
| Facility Number - | The number assigned to a particular budget manager. In the majority of cases this is the school's number. |
| Program or Department Number - | The number assigned to a particular classroom, program, project or department within an account. This facilitates the tracking of revenues and expenses at a more detailed level. |