Transfer Out -From Purchase of Cap Asset |
Expense |
3850 |
Used in the account providing funds when purchasing capital equipment from another Cornell department. For use on a Transfer of Funds doc only. MUST ALWAYS BE USED WITH 4850. |
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. |
University Allocated Costs |
Expense |
9050 |
Used to distribute the University Allocation changed to Units/Colleges. Must always net to zero. Use university Budget Office only . To redistribute allocation to departments use 9051. |
Interdept - CIT CU Print |
Expense |
6606 |
CU Print charge from CIT Use: Use limited to CIT. |
Budget - Benefits - CCTS - Undergraduate |
Expense |
5940 |
Budget use only: Plan for CCTS related to Undergraduate expenses. |
Transfer Out - to Faculty Start-up |
Expense |
8055 |
Used in the operating account (Fund GN or RG) providing funds to another operating account specifically set up hold a faculty member's start-up funding. |
Maintenance Prevention - Equipment |
Expense |
6475 |
Scheduled activities to ensure regulatory compliance, or keep equipment or software operating, or extend the useful life of equipment or software. Preventive maintenance costs should not be capitalized. Use: External providers of preventative maintenance services for equipment, vehicles, owned copiers, etc. |
Budget-Grad Teaching Res Special (GTRS) |
Expense |
5552 |
Budget use only: Plan for GTRS - Grad Teaching Research Special. |
Svc-Advance Spons Sub upto $25K |
Expense |
6661 |
Expenditures for work contracted for research or development only. This code is included in the calculation of MTDC indirect costs. This code is used for the first $25,000. Use: For use in fund CG accounts only. Sub contract agreement through OSP is needed. |
Intern/ Resident |
Expense |
5140 |
Salary for interns/ residents. Max fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
Interdept - Utilities - Chilled Water |
Expense |
6860 |
Interdepartmental expense for chilled water Use: Chilled Water provided by Cornell generating dept. |
Budget - General S&W - Maximum Benefits |
Expense |
5396 |
Budget use only. To budget salary and wages with Maximum benefits. |
Cost Share - EBCT |
Expense |
9957 |
Cost Share object code for EBEN level. System use only. |
Donation From Cornell |
Expense |
6390 |
Use for contributions from Cornell to a outside entity OR used for the movement of funds to Independent Student Organizations on the EO chart. Use: Contributions over $500 must be approved by Community Relations Office. Approval is not needed when funding ISO's (limited to use by Student and Academic Services). Payments in lieu of flowers should be coded to 6420. |
Cost Share - Trsfr of Fds - Grad Support |
Expense |
9926 |
Cost Share object code for GRAD level. System use only. |
Services - Custodial |
Expense |
6720 |
Expenditures for cleaning services. Use: External cleaning services such as Daisy Maid, Bailey Custodial, etc. |
Academic - Professional |
Expense |
5160 |
Salary for academic professionals (President, provosts, deans, fellows, other University officers). Max fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
Capital Retainage Expense |
Expense |
3907 |
DFS (Facilities and Budget) USE ONLY. A portion of the contractors final payment withheld until the project is complete. |
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. |
Redistribution- Allocated Costs |
Expense |
9051 |
Departmental redistribution of University Allocation Costs (OC 9050) to departments . Activity on this object code must net to zero. |