NCFS Chart of Accounts Sortable by Type

To account for county appropriations that are restricted for capital purposes – to purchase, construct, or renovate capital assets owned by the agency and associated with a specific program. This is considered other revenues shown below nonoperating revenue for proprietary accounting. For proprietary funds, these accounts roll to Capital contributions (shown below nonoperating revenue), caption Capital grants.

To account for research grants and other contracts and grants from cities, towns, and other local governments that  are exchange or exchange-like transactions. This is considered operating revenue for proprietary accounting. For proprietary funds, these accounts roll to Capital contributions (shown below nonoperating revenue), caption Capital grants.

To account for city, town, or other local grants/contracts that are restricted for capital purposes – to purchase, construct, or renovate capital assets owned by the agency and associated with a specific program. This is considered other revenues shown below nonoperating revenue for proprietary accounting. Exclude grants that may be used for either operating or capital purposes at the discretion of the agency. Also, exclude grants distributed to other governments to acquire/construct capital assets owned by other governments.

To account for private/nongovernmental grants/contracts that are restricted for capital purposes – to purchase, construct, or renovate capital assets owned by the agency and associated with a specific program. This is considered other revenues shown below nonoperating revenue for proprietary accounting. Exclude grants that may be used for either operating or capital purposes at the discretion of the agency. Also, exclude grants distributed to other governments to acquire/construct capital assets owned by other governments.

To account for out-of-state grants/contracts that are restricted for capital purposes – to purchase, construct, or renovate capital assets owned by the agency and associated with a specific program. This is considered other revenues shown below nonoperating revenue for proprietary accounting. Exclude grants that may be used for either operating or capital purposes at the discretion of the agency. Also, exclude grants distributed to other governments to acquire/construct capital assets owned by other governments.

Account is used only by universities to record state aid from the State Capital and Infrastructure Fund received from the Office of State Budget and Management as established in G.S. 143C-4-3.1.  This account is NOT valid for primary government state agencies.

This account is invalid for proprietary funds.

Used by proprietary funds to record nonoperating interest/dividend income.

Used to record interest income on bond proceeds. This account is invalid for proprietary funds.

This account is invalid for proprietary funds.

Used to record interest income on bond proceeds. This account is invalid for proprietary funds.

Used to record the monthly interest earned on investments in the Short Term Investment Fund. This account is invalid for proprietary funds.

Used by proprietary funds to record nonoperating monthly interest earned on funds invested in the Short Term Investment Fund.

Used to record the monthly interest earned on investments in the Short Term Investment Fund. This account is invalid for proprietary funds.

Used to record the monthly interest earned on investments in the Equity Index Fund.

Used by proprietary funds to record nonoperating monthly interest earned on funds invested in the Equity Index Fund.

Used to record the monthly interest earned on investments in the Equity Index Fund.

Used to record the monthly interest earned on investments in the Long Term Investment Fund. This account is invalid for proprietary funds.

Used by proprietary funds to record nonoperating monthly interest earned on funds invested in the Long Term Investment Fund.

Used to record the monthly interest earned on investments in the Long Term Investment Fund. This account is invalid for proprietary funds.

Used to record the monthly interest earned on investments in the Bond Index Fund. This account is invalid for proprietary funds.

Used by proprietary funds to record nonoperating monthly interest earned on funds invested in the Bond Index Fund.

Used to record the monthly interest earned on investments in the Bond Index Fund. This account is invalid for proprietary funds.

This account is invalid for proprietary funds.

This account is invalid for proprietary funds.