This policy provides a brief overview of the standard chart of accounts structure as it exists on the accounting system.
According to this policy, the system permits accounting information to be entered into the general ledger at three levels of detail, defined as GL Major/GL Minor/Dept. In addition, a structure consists of multiple points: (1) Data points represent the actual values in a column. These can be the values you want to analyze, report on, and secure. (2) Summary points reflect the way you want to summarize data for analysis and reporting. A structure can have multiple levels of summary points. (3) Reference points link one structure to another.