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- If you need details for transactions that span numerous object codes and only a few accounts, Sub-Accounts may be a handy alternative to opening new accounts.
- If the type of income or expense is limited to a few object codes but spans several accounts, use Sub-Object Codes.
- If spanning multiple accounts across multiple organizations and activity is not limited within those accounts, use Project Codes.
Sub-Object Codes
Pros
- Create finer distinctions within a particular object code Object Code within an account.
- Different accounts/organizations can have different Sub-Object Codes for the same Object Code.
Cons
- Transactions originating from other systems, including Service Billers, may not beĀ
Attributes
- Specific to account and fiscal year.
- Take on most attributes of Object Code they are listed under.
- Sub-Object Code is alpha-numeric up to 3 characters.