#  Companion Account 

 



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 A companion account is an account that shares the same sponsored activity and subactivity value with a non-sponsored fund value in the [Harvard Chart of Accounts](https://oc.finance.harvard.edu/how-to/financial-accounting-and-reporting/chart-of-accounts). By transacting to a companion account, users can track and access the related financial expenditures in the GL that are not posted to the sponsored award. Companion accounts are used for University contributions to costs sharing and to capture over-the-cap salary for effort reporting purposes.

 Example: The 33-digit sponsored account string is set up in GMAS and the general ledger, using sponsored fund 123456. To track cost sharing, expenses are posted to a Companion Account using a non-sponsored fund and the sponsored activity-subactivity combination.

- Sponsored Account String: 520.45312.123456.376612.0001.66498
- Non-Sponsored Account String: 520.45312.000001.376612.0001.66498

 Please note, a companion account can be transacted against, as soon as the sponsored activity-subactivity combination is available in the GL. There is not a separate account setup process for the companion account.