Over/Short - Inventory |
Expense |
6405 |
Adjustments to inventory levels. Use: Use to reconcile physical inventory to GL |
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 |
Recruitment - Employee |
Expense |
6340 |
Expenditures incurred during the interview process for potential employees. Use: Employee recruitment- Travel, Hosted Meals, Lodging, Advertising |
Depreciation - Moveable Equip |
Expense |
6303 |
Allowable decrease in value of property or equipment. Use: Use limited to the Division of Financial Affairs. |
Taxes - Other |
Expense |
6145 |
Expenditures for state and federal taxes owed by the University. Use: Sales taxes paid as part of purchase should be charged to the initial expense. |
Redistribution-Allocated Maintenance Exp |
Expense |
9451 |
Departmental redistribution of Allocated Maintenance expense. Object code must net to zero within entry. Use: not limited. |
Services - Publications Cost |
Expense |
6641 |
Expenditures for publishing. Use: Page charges |
Cost of Benefits - Retirement |
Expense |
5902 |
Used for payroll generated entries for the university's expense for contribution to the Endowed employees' retirement plan. Also used to record vendor expenses, such as consulting, related to retirement plans. DFS/HR use only. |
Budget - Professorial SIP |
Expense |
5492 |
Budget use only. |
Interdept - Utilities - Electrical |
Expense |
6870 |
Interdepartmental expense for electricity Use: Electric provided by Cornell generating dept. |
Loan - Cancelled/Forgiven |
Expense |
8320 |
Used to record student loans cancelled/forgiven, use restricted to Bursar and Law School. |
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. |
Nonexempt - Academic Min Rate |
Expense |
5311 |
Salary for short term, non benefit-eligible general non-exempt academic positions not otherwise categorized. Min fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
Svc-Advance Spons Sub over $25K |
Expense |
6651 |
Amounts advanced for subawards where sponsor billing is allowed. This code is excluded from the calculation of MTDC indirect costs. The first $25,000 advanced on a subcontract is recorded with object code 6661. Use: For use in fund CG accounts only. Subaward agreement through OSP is needed. |
Capital Construction - Planning |
Expense |
3920 |
For use only in accounts with a sub-fund group code of PLCIP or PLSUCF. Used to record construction project Planning costs. |
Unleaded & Diesel Fuel |
Expense |
6415 |
External expenses for Fuel. Use: Fuel for vehicles and equipment. Payment of gas cards (Mobil, Sunoco, Kwik Fill, etc.) |
Budget Only - Employee Recruitment |
Expense |
6341 |
Budget object code for employee recruitment Use: Budget code only |
Depreciation - Art Collection |
Expense |
6300 |
Allowable decrease in value of property or equipment. Use: Use limited to the Division of Financial Affairs. |
UBIT- Unrelated Business Income Tax |
Expense |
6146 |
Expenditures for Unrelated Business Income Tax. Use: Unrelated Business Income Tax. DFS Use Only |
BM-Stewardship Maint Assessment Expense |
Expense |
9452 |
IPP allocation of Stewardship Maintenance Assessment Model expense. This object code must net with 4952. IPP use only. |