|
Library On-Line Annual Subscription |
Expense |
6155 |
Expenditures for on-line, cataloged, library materials for which access expires within one year if not renewed (non-capital). Use limited to university libraries. |
|
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. |
|
Liabilities - Tax |
Liability |
2025 |
To record sales tax liabilities Use: Record sales tax collected on the sale of goods. |
|
Liabilities - External-Other Debt |
Liability |
2130 |
To record liability related to other miscellaneous debt on the Bonds and Notes Payable Financial Statements Use: Bonds and Notes Payable Debt Only |
|
Leasehold Improvements |
Asset |
1821 |
Asset, balance represents capitalized acquisition value of university's leasehold improvements Use: Used periods 1-13, auto generated entry when certain capital acquisition objects (level CAPA) are used on PREQs, FP docs or feed files |
|
Lease -Copiers & Multi-Function Printers |
Expense |
6215 |
Lease expenditures for copiers & multi-function printers with a signed lease agreement term of one year or greater. Maintenance agreements on purchased copiers should be charged to 6475.
For more information refer to https://www.finance.cornell.edu/accounting/topics/lease-classification. |
|
Lease - Vehicle |
Expense |
6240 |
Lease expenditures for automobiles, tractors, trailers and buses with a signed lease agreement term of one year or greater.
Not to be used for travel related auto rental.
For more information refer to https://www.finance.cornell.edu/accounting/topics/lease-classification. |
|
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. |
|
Lease - Equipment |
Expense |
6220 |
Lease expenditures on equipment with a signed lease agreement term of one year or greater. Any leased equipment including research and lab equipment. Any security deposits should be booked to 1630 and reversed at the end of the lease.
For more information refer to https://www.finance.cornell.edu/accounting/topics/lease-classification. |
|
Lease - Computers |
Expense |
6210 |
Lease expenditures for computers, audio visual and peripheral equipment with a signed lease agreement term of one year or greater. Use: Operating leases of computer, audio visual equipment, etc. from external vendors. For more information refer to https://www.finance.cornell.edu/accounting/topics/lease-classification. |
|
Land |
Asset |
1800 |
Asset, balance represents value of university's land holdings Use: Used periods 1-13, auto generated entry when certain capital acquisition objects (level CAPA) are used on PREQs, FP docs or feed files |
|
Investments - Subsidiary |
Asset |
1710 |
Use: Limited to the Division of Financial Services (DFS). |
|
Investments - SI Gift Annuity |
Asset |
1740 |
Use: Limited to the Division of Financial Services (DFS). |
|
Investments - Separately Invested |
Asset |
1745 |
Use: Limited to the Division of Financial Affairs. |
|
Investments - Other |
Asset |
1755 |
Use: Limited to the Division of Financial Affairs. |
|
Investments - MTP Contra |
Asset |
1735 |
Use: Limited to the Division of Financial Services (DFS). |
|
Investments - Master Trust Plan |
Asset |
1730 |
Use: Limited to the Division of Financial Services (DFS). |
|
Investments - DASNY |
Asset |
1750 |
Use: Limited to the Division of Financial Affairs. |
|
Investments - Cash Equivalent Restate |
Asset |
1756 |
Use: Limited to the Division of Financial Affairs. Reclass entry to restate Investments & Cash Eq. |
