Find answers to common questions about the Chart of Accounts below.

• What is the Chart of Accounts?
• The Chart of Accounts, or CoA, is the basic structure that UC Davis uses to record and organize financial transactions to facilitate financial reporting. The Chart of Accounts: 
  > Organizes UC Davis finances by separating assets, liabilities, net position, expenses and revenues to provide a clear understanding of the university’s financial status.  
  > Organizes and report data out of the financial system. 
  > Supports financial and management reporting by serving as the basis for the fiscal administration of UC Davis funds, programs, projects, organizations and activities. 
  > Serves as the common language for financial transactions whether they are created directly in the financial system, generated in another major university system, or created through a local third-party application.
• Why are there so many chart segments in the Chart of Accounts?
• The use of nine chart segments allows greater flexibility in how we use the Chart of Accounts to support our business and reporting needs.   
  
  Each segment has a single use with a clear and consistent definition, and when combined, these segments tell the unique story of each individual transaction.