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 |
Revenue - Campus Store Enterprise |
Income |
4013 |
Sale of goods and/or services provided by CU Store to external customers. Limited to Campus Store |
Transfer In-from Capital Reserve |
Income |
7041 |
Used in the capital project (PLCIP) account receiving funds from a Capital Reserve (RVCAPT) account. |
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 |
Healthcare Contractual Allowance |
Income |
4015 |
Reduction to health care fees and services based on contractual agreements with insurance companies. Limited to Cornell Health use only. |
Finance Lease Liability Real Estate |
Liability |
2260 |
Used to record Finance Lease Real Estate activity. DFS Use Only. |
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. |
Finance Lease Liability Equipment |
Liability |
2261 |
Used to record Financial Lease Equipment activity. DFS Use Only. |
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) |
Interdepart - Deferred Revenues |
Liability |
2280 |
This interdepartmental code represents advance payments or unearned revenue from another department or division at Cornell. Must be used with another interdepartmental code as the other side of the transaction. Use: Use should be limited as Cornell should not owe itself money. Revenue received for an event occurring in the following fiscal year. |
Liabilities - Tax |
Liability |
2025 |
To record sales tax liabilities Use: Record sales tax collected on the sale of goods. |
Due To WCMC |
Liability |
2320 |
Use for activity in the WCMC due to/from accounts only (C7910xx). The department side of the transaction should be income or expense. Use: Record movement of funds to/from WCMC. |
Internal Loan Payable - Capital |
Liability |
2030 |
Liability related to internal department loans, capital projects. Use: Restricted for DFS Use Only |
Operating Loan Payable |
Liability |
2032 |
Liability related to internal operating loans. Use: Restricted for DFS Use Only |
Due To Other |
Liability |
2330 |
Use: Limited to the Division of Financial Affairs. |
Non Resident Alien Fed Tax Withholding |
Liability |
2045 |
Payroll tax withholding Use: Payroll tax withholding for non resident aliens. |
Due To Qatar |
Liability |
2340 |
Use: Limited to the Division of Financial Affairs. |
Retainage - Liability |
Liability |
2070 |
FACILITIES and DFS USE ONLY. A portion of the agreed upon contract price deliberately withheld until the work is substantially complete to assure that contractor or subcontractor will satisfy its obligations and complete a construction project. |
Funds Held In Trust For Others |
Liability |
2410 |
Use: Limited to the Division of Financial Affairs. |