US Equivalent of Canadian GIFI?

[Phil Longstaff]

On February 17, 2009 12:50:13 pm Brenden Walker wrote:
> On Tue, 17 Feb 2009 03:10:28 -0800 Don Quixote de la Mancha 
<quixote at dulcineatech.com> wrote:
> > I'm setting up the GnuCash accounts for my new business, and would
> > like to know if there are any kind of standard account numbers for use
> > when filing United States and California taxes.
> >
> > Canada Revenue Agency publishes the General Index of Financial
> > Information (GIFI), which has the official numeric designations for
> > Canadian corporations to use on their financial statements:
> >
> > http://www.cra-arc.gc.ca/E/pub/tg/rc4088/README.html
> >
> > For example, GIFI item 1000 is Cash and deposits, 1002 is Deposits in
> > Canadian banks in Canadian currency, and 1003 is Deposits in Canadian
> > banks in foreign currency.
> >
> > If the US has any kind of equivalent to the GIFI codes, I think I
> > should use them, but Google doesn't turn up anything.
>
> I do not believe we have anything like that in the U.S. or any States I'm
> familiar with.  I presume they do that to make auditing easier or
> something?
>
> I could be wrong, but I'm sure that there's nothing like this in Ohio or
> Florida.  Haven't lived in California for over 10 years so I can't be 100%
> sure on that. _______________________________________________

It also provides standardized codes for electronic information filing for tax 
purposes.

Phil