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Changes to Michigan Uniform Chart of Accounts Timeline released

September 27, 2019 Article 1 min read
David Helisek Britni McDole Kari Shea
The Michigan Department of Treasury has released information on the revisions to the Michigan Uniform Chart of Accounts. Local units should determine what changes will be necessary to implement, including any budgetary changes, and set up a plan to comply.
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The State has considered all feedback received on the current version of the Chart of Accounts, and intends to release a revised Chart of Accounts on Dec. 31, 2019. The most significant change will be to the expenditure accounts 700-999. The State plans to revert to the older approach of allowing the use of various numbers within certain numeric ranges.


On Oct. 31, 2019, the State will issue a frequently asked questions document, which will continue to be updated as common questions arise. In addition, they’ll also issue a separate document explaining what accounts should be used to implement GASB 84, Fiduciary Activities.

Starting in November 2019, and periodically thereafter, the State will publish designated times when members of their Lansing office staff will be available solely to answer questions on the Chart of Accounts during “chart chats.”

The new Chart of Accounts must be implemented for fiscal years ending Sept. 30, 2021, and thereafter. Early implementation, after the reviewed Chart of Accounts is issued on Dec. 31, 2019, will be allowed and encouraged.

Going forward, when future revisions are made (other than minor updates), Treasury will issue three documents: the reviewed chart, the marked-up version of the chart showing the changes, and a summary of the revisions made. Small revisions will be issued periodically as the need arises, and are projected to be biannually.


Local units should begin evaluating this new Chart of Accounts to determine what changes will be necessary, including any budgetary changes, and set up a plan to comply. Some accounting software vendors have already been working with some local units on an automated remapping solution. The current Chart of Accounts can be found here.

If you have questions, please reach out to us.

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