|
Allow Doubtful Acct - Student Loan |
Asset |
1680 |
A current asset used when bad debt expense is recorded prior to knowing the specific student loan accounts that will be uncollectible. Use: Helps distribute cost of loan write off over many years and normalizes fund balance activity. |
|
Cash Offset |
Asset |
1000 |
Cash offset entries are generated for most transactions, thereby balancing the account (debits equal credits), independent of any other account. Use: Most of the entries you create will automatically generate a cash offset entry. These are automatic. |
|
Equipment Software |
Asset |
1884 |
Asset, balance represents capitalized acquisition value of university's software systems Use: Used periods 1-13, auto generated entry when certain capital acquisition objects (level CAPA) are used on PREQs, FP docs or feed files |
|
Allow Doubtful Acct - Student AR |
Asset |
1685 |
A current asset used when bad debt expense is recorded prior to knowing the specific student accounts receivable that will be uncollectible. Use: Helps distribute cost of student A/R write off over many years and normalizes fund balance activity. |
|
Cash - Petty Cash |
Asset |
1100 |
Minimal amount of cash kept on hand to pay for small expenditure items ($25 and under) when a procurement card cannot be used. Use: See policy 3.21 |
|
Accum Depr - Software |
Asset |
1885 |
Contra-asset, balance represents accumulated value of depreciation recorded for university's software systems Use: Used periods 1-12, auto generated once per month when the depreciation batch job is run. System determines amount of transaction based on records in the CAM Module |
|
Investments - Cash Offset |
Asset |
1700 |
Investment balance for interim and year end closes by account type. Central use only. |
|
Cash Drawer |
Asset |
1101 |
Specific amount of cash used to make change in retail operations. (register drawer or vault) Use: Reconciliation of cash drawers should be done every day the drawer is used and periodically if the drawer is not used regularly |
|
Equipment - Capital Lease |
Asset |
1891 |
Asset, balance represents capitalized acquisition value for capital equipment leases excluding vehicles and computers. Used periods 1-13, auto generated entry when certain capital acquisition object codes (level CAPA) are used. |
|
Investments - Subsidiary |
Asset |
1710 |
Use: Limited to the Division of Financial Affairs. |
|
Cash In Bank |
Asset |
1110 |
Represents the actual cash deposited in Cornell's bank accounts. Use: Automatically populated by KFS when an advance deposit (AD) is completed. |
|
Real Estate - Capital Lease |
Asset |
1893 |
Asset, balance represents capitalized acquisition value for capital real estate leases. Used periods 1-13, auto generated entry when certain capital acquisition object codes (level CAPA) are used. |
|
Investments - PLIF |
Asset |
1720 |
Use: Limited to the Division of Financial Affairs. |
|
Cash Equivalents |
Asset |
1130 |
Marketable assets that are very close to their maturity dates. Use: Use limited to the Division of Financial Affairs. |
|
Accum Depr - RE Capital Leases |
Asset |
1894 |
Contra-asset, balance represents accumulated value of depreciation recorded for university's software systems Use: Used periods 1-12, auto generated once per month when the depreciation batch job is run. System determines amount of transaction based on records in the CAM Module |
|
Prizes - Graduate |
Expense |
8150 |
Payment of prizes or awards for CU graduate students. A prize is awarded in conjunction with a competition in which one voluntarily initiate participation and are judged by a designated committee, faculty/staff, student organization, college, or department. An award is given in recognition of outstanding religious, charitable, scientific, educational, artistic, literary, or civic performance or achievement and are not part of a student's financial aid package. Use: graduate student prizes. |
|
Capital Acq - Improvements Non Bldg |
Expense |
3720 |
Used when acquiring or recording the completion of improvements that exceed the capital threshold. Will generate capitalization entries on asset object code. Will result in a capital asset record in CAM. |
|
Purchase Services - Accounting Firms |
Expense |
6622 |
Expenditures for external accounting firms for audit or tax services - e.g., Pricewaterhouse Coopers LLP, KPMG LLP. Use not limited. |
|
Supplies - Office |
Expense |
6550 |
Expenditures for office supplies and materials, including staplers, pencils, paper, pens, calculators, toner cartridge and writing tablets. Use: not limited |
|
Extension/Vet Assistant, Grad (EA/VA) |
Expense |
5520 |
Salary for Graduate Extension/Vet Assistant positions only (job profile code 11034). Zero fringe rate |
