Balance Sheet Class List

Use the MI Balance Sheet Class List page to add, edit, and delete balance sheet classes.

On the start page, choose Fund Accounting, then State.
Choose Balance Sheet Class List.
Filter records using the filter criteria. To specify filter criteria, choose an option from the list, select an operator and a value, then click Add.
To add a record, click Add Record. Refer to Field Descriptions and enter valid information in the required fields. Click Save, then Yes.
To edit a record, click the ellipsis in the Actions column, then select Edit.
To delete a record, click the ellipsis in the Actions column, select Delete, then click Yes.

Field Descriptions

The following table lists the fields, data type, length, and a description of the purpose of the data in the MI Balance Sheet Class List.

Fields	Data Type	Length	Description
Class Code	Character	3	Major class code for balance sheet accounts as defined by the state
Description	Character	100	Description of the major class code (not required)
Indicator	Character	1	Indicates the account type. Valid values: A - Asset accounts B - Fund balance accounts L - Liability accounts
X-Factor	Numeric	1	Indicates whether the amount should be a credit or debit: A negative number (such as -1) indicates accounts where the major class amount is expected to be a credit. A positive number (such as 1) indicates accounts where the major class amount is expected to be a debit.