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MAC codes: Usage and control point impact

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Summary

Learn how MAC codes are organized by account level, and which control points and analytics they impact.


Usage and control point impact

The following is a list of MAC codes used in MindBridge. 

Level 1 (L1) codes

MAC code

Financial group or subgroup

Control points

11000 Assets (Non-for-profit entities)
21000 Liabilities N/A
31000 Equity N/A
41000 Revenues N/A
51000 Expenses Fund Expense Flurry Control Point (Non-for-profit entities)
L1 codes All

Level 2 (L2) codes

No specific L2 codes are used in our analytics.

Level 3 (L3) codes

MAC code

Financial group or subgroup

Control points
13002 Cash & Equivalents
L3 codes Assets, Liabilities, Equity, Revenues and Expenses

Level 4 (L4) codes

MAC code

Financial group or subgroup

Control Points

24029 Bank overdraft
24036 Cheques and other items in transit
24031 Credit card loans
54075 Bad Debts
L4 expense-related codes Expenses Fund Expense Flurry Control Point (Non-for-profit entities)
L4 codes All

 

While the lists above comprise the MAC codes as well as the control points they impact, the following are two specific control points that are based on all MAC codes at all levels:

  • Rare flows control point builds a model of expected traffic between accounts, based on all MAC codes at all levels.
  • Unusual amount control point determines whether a dollar value is unusual, based on all MAC codes that this dollar value appears in (i.e.; unusual amount control point uses all mapped MAC codes)


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