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Cornell University
Division of Financial Services
Accounting
  • About
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  • Chart of Accounts
    • Transaction String
    • Accounts
      • Sub-Accounts
    • Object Codes
      • Sub-Object Codes
      • Revenue Object Codes
    • Function Codes
    • Fund Groups
    • Charts
    • Organizations
    • Using Sub-Accounts and Sub-Object Codes for Activity Tracking
    • Managing Accounts
  • Topics
    • Abandoned Property
    • Accounts Payable
      • AP Payment Schedule
      • Direct Deposit for Reimbursements
      • Check and Electronic Payments
      • Foreign Currency Payments
      • Help for Payees
      • Help for BSCs
    • Accounts Receivable
      • Interdepartmental Billings
        • Authorized Direct Charge Processors
      • Registering Cornell in an External Entity’s Payment System
      • Writing Off Uncollectable Receivables
    • Deposits
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    • Gift Funds
      • Indirect Cost on Gifts
      • Receiving Gifts
      • Gift Restrictions
      • Managing Restricted Gift Accounts
    • Interdepartmental Activity
    • Inventory Accounting Guidelines
    • Lease Classification
    • Petty Cash and Cash Drawers
    • Plant Construction Funds
    • Reconciliation Guidelines
      • Reconciling Asset and Liability Object Codes
      • Monitoring Operating Activity
      • Object Code Reviews
      • Correcting Unknown Variances
    • Reserve Accounts
    • Revenue Classification
      • Tuition and Student Fees
      • Government Appropriations
      • Grant and Contract
      • Gifts and Contributions
      • Medical Services
      • Investment Earnings
      • Auxiliary Enterprises
      • Educational Activities
      • Other Sales and Services
      • Interdepartmental Revenues
      • External Organization Income
      • Accounts Receivable
      • Allowance for Doubtful Accounts and Bad Debt Expenses
      • Accruals/Deferred Revenue
      • Revenue vs. Expense Reimbursement
      • Revenue Matrix
    • Transferring Funds
    • Travel Advances and Prepaid Expenses
    • WCM Accounts
      • Processing Entries to WCM
  • Invested Funds
    • Current-Year Long-Term Investment Pool Rates
    • Prior-Year Long-Term Investment Pool Rates
    • Investing in the Long-Term Investment Pool
    • Investment Glossary
  • Year-End
    • Account Reversion
    • KFS Payment Processing E-docs (DV, PREQ, PCDO)
    • Cash Deposits at Year-End
    • Revenue and Expense Year-End Accruals
    • Deadlines
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In this section

  • Transaction String
  • Accounts
    • Sub-Accounts
  • Object Codes
    • Sub-Object Codes
    • Revenue Object Codes
  • Function Codes
  • Fund Groups
  • Charts
  • Organizations
  • Using Sub-Accounts and Sub-Object Codes for Activity Tracking
  • Managing Accounts

Transaction String

The KFS accounting string consists of seven elements:

  1. chart code (two characters)
  2. account (seven characters)
  3. sub-account (optional, up to five characters)
  4. object code (four characters)
  5. sub-object code (optional, up to three characters)
  6. project code (optional, used for foreign activity and e-Builder)
  7. org ref ID (This is an optional, free-form field, using up to eight characters.)

The illustration below shows accounting string. Required attributes are shown in orange, and optional attributes in yellow.

Sub-account numbers in KFS can be used to further break down accounts.

For a thorough discussion of KFS accounts and their attributes, visit the Accounts and Sub-Account pages.

For a thorough discussion of KFS object codes and their attributes, visit the Object Codes and Sub-Object pages.

For a discussion of how sub-accounts and sub-object codes will be used to track activity in KFS, visit the Using Sub-Accounts and Sub-Object Codes for Activity Tracking page.

Division of Financial Services

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