|
Revenue-Testing Agreements |
Income |
4062 |
Revenue from product testing performed for external entities pursuant to an authorized agreement. Example: an agreement for Cornell to test the suitability of certain seeds in various locations in NYS. |
|
Gifts of Cash |
Income |
4340 |
Donors' gifts of cash. Limited to Office of Alumni Affairs and the Division of Financial Affairs. |
|
Revenue - Student Insurance Premiums |
Income |
4065 |
Revenue code for Student Health Insurance Premiums. Use limited to Gannett Health Services. |
|
Transfer In-Provost-Subvention-Limited |
Income |
7096 |
BUDGET OFFICE USE ONLY. For distribution of the Provost subvention for limited commitments. Units may budget on this object code. Must be used with 8096. |
|
Alumni Class Dues |
Income |
4345 |
Class Dues received via AA&D gift feed. USE LIMITED TO AA&D. |
|
Revenue - Real Estate Rental |
Income |
4070 |
Rents paid by external customers for the use of rooms, facilities, university-owned housing, etc. Cornell's Real Estate Department should be involved in rental of any university-owned or university-leased real estate. Use not limited |
|
Distribution of Gift Funds |
Income |
4349 |
For distribution of gift funds from original account receiving the gift to other accounts that will be used to manage expenditures. The accounts receiving the gift distributions MUST be used for the same purpose and have the same subfund - can only distribute from RGGIFT to another RGGIFT (for TR gifts), or from GNDEPT to another GNDEPT (for UR gifts). This code can only be used on a Transfer of Funds edoc, and must always net to zero. Edoc explanation must reference the original gift account (which has the donor restriction documentation). |
|
Revenue - Fees/Dues |
Income |
4075 |
Misc. Fee income other than fees for conference registration. Use: Any fees collected for Campus to Campus cancellation fees, membership fees/dues, etc. Use not limited |
|
Gift In Kind - Contribution |
Income |
4350 |
Donors' gifts of tangible personal property that does not qualify as capital (books, art, equipment, etc.). Limited to Office of Alumni Affairs |
|
Revenue - Commission |
Income |
4080 |
Revenue from external parties, generally based on sales price of property sold or gross receipts from an event. Some examples are brokerage commissions for sale of real property; commissions paid to Athletics from athletic events at other locations, etc. Use not limited. |
|
Liability - Living Trust |
Liability |
2540 |
Use: Limited to the Division of Financial Affairs. |
|
Liability - Gift Annuity |
Liability |
2550 |
Use: Limited to the Division of Financial Affairs. |
|
Refundable Grants - U. S. Govt |
Liability |
2600 |
Use for activity related to the Perkins loan fund. Limited to the Division of Financial Services and Bursar Office. |
|
Travel Application Payable - LIMITED USE |
Liability |
2640 |
Concur travel amounts due employee. Use: Limited to system generated Concur transactions. |
|
NON-QUAL DEFERRED COMP NO FRINGE |
Liability |
5445 |
Deferred compensation for specific employees. Zero fringe rate % |
|
Accounts Payable Offset |
Liability |
2900 |
Accounts payable offset entries are generated for disbursement vouchers, payment requests, credit memos and department feeds creating a liability until the payment is disbursed. Use: When the payment is made object code 2900 is reversed and replaced with 1000. This is automatic. |
|
Accounts Payable |
Liability |
2000 |
A current liability representing money owed by Cornell to outside sources. Use: Fringe Benefits (pension, insurances), taxes, garnishments, |
|
Accrued Expenses |
Liability |
2010 |
Accrued expenses are expenses that have been incurred but are not yet invoiced. Therefore they will not appear on the financial statements unless an adjusting entry is entered prior to month end. Use: Used to properly record expenses within an accounting period. |
|
Year End-Accrued Expense |
Liability |
2999 |
A current liability used to record expenses incurred or received in the current fiscal year that are not paid until after 6/30.
Use: This object code is intended to be used from June 1 to July 31 and is the offset to an expense object code when doing an accrual. The entry must be reversed in the following fiscal year (by July 31).
Credit - 2999
Debit - Expense |
|
Accounts Payable Other |
Liability |
2020 |
A current liability representing money owed by Cornell to outside sources. Anything not recorded on object code 2000. Use: Fringe Benefits (pension, insurances) |
