Updated List of General Ledger (G/L) Accounts Now Available
The VPF Financial Accounting and Reporting (FAR) team has updated the list of all General Ledger (G/L) Accounts in use at MIT. The full G/L list is available in PDF and Excel formats on the VPF website and serves as a complement to two shorter lists—Frequently Used G/L Accounts and Recommended Revenue G/Ls.
This comprehensive list includes a brief definition of the purpose of each G/L account. Booking expense and revenue items to the right G/Ls drives accurate financial reporting and analysis.
“With MIT staff working remotely, we heard from many of you that you miss the handy G/L list you had highlighted and tacked to a board in your office but perhaps left behind in the rush to leave campus in March,” says John Donnelly, VPF Associate Controller. “We thought this was a good time to update it and offer it in Excel so that you can sort the data to best fit your needs.”
All of the G/L files require an MIT certificate to view or download. We will update this list periodically as new G/Ls are created. If you have questions about G/L accounts, send an email togl-inquiry@mit.edu.