What is the definition of Natural Account?
  • 02 Jun 2023
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What is the definition of Natural Account?

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Article summary

The  Natural Account is one of the many components of the full General Ledger Account Key. 

Answer:
 The usual components of the full General Ledger Account Key are:
  • Division
  • Class
  • Type
  • Sub-Type
  • Fundid
  • Natural Account Number
  • Functional Expense Code (optional)
For example: In an account number like C00PAhunt  63000dev , the Natural Account is  63000.

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