Supplies - Other |
Expense |
6555 |
Expenditures for any other supplies not included in 65xx descriptions. Use: Any other supplies that can't be classified in any other supplies category. |
Finance Lease -Real Estate |
Expense |
3735 |
Used when acquiring or recording real estate leases that exceed the capital threshold. Will generate capitalization entries on asset object code. Will result in a capital asset record in CAM. |
Cost of Benefits - FICA |
Expense |
5900 |
Used for payroll generated entries for the University's expense related to Medicare and OASDI taxes. DFS use only. |
Over/Short - Inventory |
Expense |
6405 |
Adjustments to inventory levels. Use: Use to reconcile physical inventory to GL |
Extension Association - Housekeeping |
Expense |
5259 |
CORNELL COOPERATIVE EXTENSION USE ONLY. Salary for NYS Extension Association Housekeeping staff (camp kitchen and maintenance, etc.). Max fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
Cost Share - Trsfr of Fds - Grad Support |
Expense |
9926 |
Cost Share object code for GRAD level. System use only. |
Redistribution- Allocated Costs |
Expense |
9051 |
Departmental redistribution of University Allocation Costs (OC 9050) to departments . Activity on this object code must net to zero. |
Recruitment - Employee |
Expense |
6340 |
Expenditures incurred during the interview process for potential employees. Use: Employee recruitment- Travel, Hosted Meals, Lodging, Advertising |
Insurance Claims Adjustment Expense |
Expense |
6331 |
Estimated amount Cornell Health is not going to receive when insurance claims are adjudicated by insurance payer.
Use: Student Health insurance claims ONLY. |
Services - Publications Cost |
Expense |
6641 |
Expenditures for publishing. Use: Page charges |
Employee Benefits - Endowed Full Rate |
Expense |
5600 |
Endowed College maximum fringe rate benefit charges. see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
Transfer Out - to Contingency |
Expense |
8056 |
Used to move contingency funds to non-operating contingency sub-fund program, part of strategic initiatives sub-fund. |
Interdept - Utilities - Electrical |
Expense |
6870 |
Interdepartmental expense for electricity Use: Electric provided by Cornell generating dept. |
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. |
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. |
Additional Comp Min Benefits |
Expense |
5450 |
Additional compensation (severance, work separate from duties) and other items. Min fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
Finance Lease -Vehicles |
Expense |
3745 |
Used when acquiring or recording vehicle leases that exceed the capital threshold. Will generate capitalization entries on asset object code. Will result in a capital asset record in CAM. |
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. |
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 |
Extension Association - Skilled Trades |
Expense |
5260 |
CORNELL COOPERATIVE EXTENSION USE ONLY. Salary for NYS Extension Association skilled trades (printing, farm workers). Max fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |