|
Cost of Sales - Food |
Expense |
6000 |
The cost of merchandise sold from food inventory. Use: When using this code in a designated operating account there must be sales revenue corresponding to the cost of sales. |
|
Academic - Assistant Professor |
Expense |
5020 |
Salary for Assistant professors. Max fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
|
Interdept - Utilities - Steam |
Expense |
6800 |
Interdepartmental expense for steam Use: Steam provided by Cornell generating dept. |
|
Services - Publications Cost |
Expense |
6641 |
Expenditures for publishing. Use: Page charges |
|
Capital Acq - Library Books |
Expense |
3600 |
LIBRARY USE ONLY. Used when acquiring cataloged library materials, will generate capitalization entries on asset object code. Other units should use object code 3630 when purchasing books. |
|
Insurance Claims Adjustment Expense |
Expense |
6331 |
Estimated amount Cornell Health is not going to receive when insurance claims are adjudicated by insurance payer.
Use: Student Health insurance claims ONLY. |
|
Supplies - Durable |
Expense |
6560 |
Expenditures for supplies with a useful life of two or more years and cost less than $5,000.00. Use: Chairs, tables, microwave, microscope, whiteboard, safety equipment, etc. Items coded 6560 are not recognized as capital. |
|
Cost Share - Trsfr of Fds-Temp-Non Stdt |
Expense |
9927 |
Cost Share object code for TEMP level. System use only. |
|
Gift In Kind - Non Capital Expense |
Expense |
6410 |
Non Capital expense offset to Gift in Kind income. Use: This code must always be in balance with the gift income object code |
|
Redistribution- Allocated Costs |
Expense |
9051 |
Departmental redistribution of University Allocation Costs (OC 9050) to departments . Activity on this object code must net to zero. |
|
Budget - Professorial SIP |
Expense |
5492 |
Budget use only. |
|
Lease - Real Property |
Expense |
6230 |
Lease expenditures for rental property with a signed lease agreement term of one year or greater. Use: Operating leases real property.
Use 6255 for storage units and containers.
For more information refer to https://www.finance.cornell.edu/accounting/topics/lease-classification. |
|
Startup Investment Expense |
Expense |
6975 |
Start up expenses for Cornell Tech |
|
Transfer Out - Intrafund |
Expense |
8070 |
Used in the account providing funds; accounts on both sides of transfer are in same FUND group (i.e. GN to GN, RG to RG). This object code must always be used with 7070. |
|
Nonexempt - Professional |
Expense |
5315 |
Salary for general non-exempt professional positions not otherwise categorized. Max fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
|
Cost of Sales - Beverage Alcohol |
Expense |
6005 |
The cost of merchandise sold from alcoholic beverage inventory. Use: When using this code in a designated operating account there must be sales revenue corresponding to the cost of sales. |
|
Academic - Special Professor |
Expense |
5025 |
For long term, non-tenure track, benefits-eligible faculty who serve an essential teaching function in a clinical setting. Used in the following job codes: 11311, 11313, 11314, 11461, 11462, 11463, 11656 and 11657.
While faculty members of this rank may have additional research, service, or outreach obligations, teaching is their primary responsibility. The title may not be used for positions whose responsibilities largely replicate those of tenure-track faculty. Max fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate %. |
|
Utilities - Storm Water Outside Vendor |
Expense |
6815 |
Expense for storm water from external vendors. Use: Not limited |
|
Interdept - Copy & Printing Svcs |
Expense |
6642 |
Interdepartmental expenditures for printing and duplicating services. Cornell providers only. Use: Campus Store, CU Printshop, departmental copy charges, etc. |
|
Capital Acq - Rare Books |
Expense |
3605 |
LIBRARY USE ONLY. Used when acquiring cataloged library materials, will generate capitalization entries on asset object code. Other units should use object code 3630 when purchasing books. |
