Since ISA accounts have the same 8 digit appropriation account number for both the seller (child) and the buyer (parent), does the seller account follow the Chart of Accounts methodology of the buyer?
The seller account takes on the same attributes that the buyer account has. The seller account is required to have all of the Chart of Account elements that the buyer has. However, seller department may also code their various transactions (e.g. encumbrances, payments, payroll) with attributes that are valid and unique to them in any given fiscal year except for appropriation account number, fund, sub fund, program code, major program code. For example, a seller department could code an encumbrance document in the fund accounting section with a unit that is unique to them and that they want to track encumbering or spending by, or an activity code in the detail accounting section.
