What is an OAKS FIN Account Code?

OAKS FIN Account Codes are uniquely structured numbers to identify account properties necessary in reporting and controlling financial activities for the State of Ohio. OAKS FIN Account Codes consist of six numbers and every number (or segment of numbers) breaks down the financial transaction entered into OAKS FIN.

The first digit of the Account Code represent the Type (e.g., Account Codes starting with a "4" are Revenue Account Codes and Account Codes starting with a "5" are Expense Account Codes).

The first 3 digits of the Account Code (together) represent the Category Segment. Listed below are the expense categories:

• 500 Personal services - Payroll

• 510 Contract services - Purchased personal services and Other

• 520 Supplies and maintenance

• 530 Equipment

• 540 PCard/EDI Transactions

• 550 Subsidies and shared revenue

• 560 Goods and services for resale

• 570 Capital Items

• 590 Judgments,Settlements and Bonds

• 591 Debt Service

• 595 Transfers and non-expense items

• "7" in the fourth digit represents an ISTV expense account.