|
Compensation- Defer&Disability - No Bene |
Liability |
5440 |
Central use only -- not directly used for payroll expense. |
|
Operating Loan Payable |
Liability |
2032 |
Liability related to internal operating loans. Use: Restricted for DFA Use Only |
|
Deferred Revenues |
Liability |
2240 |
Advance payments or unearned revenue. Revenue that is received but not earned in the current fiscal period. Use: Summer sessions; tuition is collected for the summer but not earned until the expense is recognized in a following period. |
|
NON-QUAL DEFERRED COMP NO FRINGE |
Liability |
5445 |
Deferred compensation for specific employees. Zero fringe rate % |
|
Non Resident Alien Fed Tax Withholding |
Liability |
2045 |
Payroll tax withholding Use: Payroll tax withholding for non resident aliens. |
|
Deferred Deposits |
Liability |
2250 |
Deposits received but not used in the current fiscal period. Use: Deposits collected for hosted events for catering, space, etc. Cornell Cooperative Ext. deposits from counties. |
|
Retainage - Liability |
Liability |
2070 |
FACILITIES and DFA 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. |
|
Finance Lease Liability Real Estate |
Liability |
2260 |
Used to record Finance Lease Real Estate activity. DFA Use Only. |
|
Tips Non-student |
Liability |
5298 |
Special code used by Statler Hotel to hold tips for non-students. This acts like a payroll code so it can be used by the payroll system. Use: Tips earned at Statler Hotel. Min fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate %. |
|
Finance Lease Liability Equipment |
Liability |
2261 |
Used to record Financel Lease Equipment activity. DFA Use Only. |
|
Tips Student |
Liability |
5299 |
Special code used by Statler Hotel to hold tips for students. This acts like a payroll code so it can be used by the payroll system. Use: Tips earned at Statler Hotel. Zero fringe rate. |
|
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. |
|
Due To WCM |
Liability |
2320 |
Use for activity in the WCM due to/from accounts only (C7910xx). The department side of the transaction should be income or expense. Use: Record movement of funds to/from WCM. |
|
Due To Other |
Liability |
2330 |
Use: Limited to the Division of Financial Affairs. |
