NCFS Chart of Accounts Sortable by Type
| Title | Description |
|---|---|
| 21270000 Due to Agency/Institution Component Units | This account is used to record payables to discretely presented component units of an agency or institution. Universities and colleges will use this account to record amounts due to their component unit foundations. |
| 21310000 Obligation Under Reverse Purchase Agreement | This account consists of payables that arise from a reverse purchase agreement. A reverse purchase agreement is an agreement in which a broker-dealer or financial institution (buyer-lender) transfers cash to a government entity (seller-borrower); the government entity transfers securities to the broker-dealer or financial institution and promises to repay the cash plus interest in exchange for the same securities or different securities. |
| 21315000 Obligation Under Securities Lending Transaction | Obligation Under Securities Lending Transaction |
| 21320000 Notes From Direct Borrowing-Current (previously Notes Payable) | This account represents the current portion of long-term debts or obligations due within the current year or within one year of the reporting date. Direct borrowings have terms negotiated directly with a lender and are not offered for public sale. Bank loans and Guaranteed Energy Savings contracts should be classified as notes from direct borrowings. This account is invalid for governmental funds. |
| 2138XXXX Payables Clearing Accounts | To record clearing account activity that results in a payable transaction. . The flexibility in this account must not be used to replace any existing statewide account. |
| 21410000 Lease Liability | This account represents the current portion of lease obligations due within the current year or within one year of the reporting date. This account is invalid for governmental funds. |
| 21420000 Subscription (SBITA) Liability | This account represents the current portion of subscription-based IT arrangement obligations due within the current year or within one year of the reporting date. This account is invalid for governmental funds. |
| 21430000 PPP Liability | This account represents the current portion of an operator’s PPP liability under GASB Statement 94 for installment payments and is the amount due within the current year or within one year of the reporting date. This account is invalid for governmental funds. |
| 21511000 Pension Benefits Payable | This account is for benefits to be paid to authorized or designated retirees within the current fiscal year. |
| 21512000 State Retirement System Payable | This account is for benefits to be paid to authorized or designated retirees within the current fiscal year. |
| 21521000 Medical Claims Payable | Medical Claims Payable |
| 21522000 Unemployment Claims Payable | This account is invalid for governmental funds. |
| 21523000 Escheats Refunds Payable (Used by State Treasurer only) | This account rolls to Accounts payable & accrued liabilities on the ACFR 11G. |
| 21529000 Other Assistance Claims Payable | This account rolls to Accounts payable & accrued liabilities on the ACFR 11G. |
| 21529100 Liability Insurance Trust Fund Payable - Current | Liability Insurance Trust Fund Payable - Current |
| 21610000 Revenue Bonds Payable | This account is used to record the principal payment related to revenue bond indebtedness which has matured or will mature within one year. (See account 22610100 for General Obligation Bonds payable.) |
| 21610300 Grant Anticipation Revenue Bonds Payable-current (GARVEE bonds) | This account is invalid for governmental funds. |
| 21610400 Direct Placements-Current | This account is used to record the outstanding principal related to direct placement indebtedness which has matured or will mature within one year of the balance sheet date. Direct placements have terms negotiated directly with an investor and are not offered for public sale. Issuing a debt security directly to an investor, such as the sale of a new debt security issue to a limited number of buyers rather than to the general public is a direct placement. Bonds payable that are not offered for public sale should be classified as direct placements. |
| 21610500 Certificates of Participation Payable | This account is invalid for governmental funds. |
| 21610600 Limited Obligation Bonds Payable - Current | This account is invalid for governmental funds. |
| 21621000 Matured Interest Payable | This account is used to record unpaid interest on bonds that have reached or passed their maturity date. |
| 21622000 Accrued Interest Payable | This account is used to record interest costs that have been incurred but is not due until a later date. |
| 21711000 Contract Retainage | This account is used to record the amounts retained from contractors' estimates pending final acceptance. |
| 21712000 Federal Government | Federal Government |
| 21713000 N.C. Funds and Government Units | N.C. Funds and Government Units |