Interdept - Accounts Receivable |
Asset |
1280 |
An asset created from sales activity between Cornell departments. An interdepartmental income code must be used on the other side of the transaction. Use: Used by departments to record income when the customers account can't be charged an expense due to the period end (month or year). |
Deposits in Transit/CC Receivable |
Asset |
1290 |
Used to temporarily hold credit card receivables. Should not be used for most credit card transactions as they are considered income as soon as they are received and should be booked to a revenue object code. |
Accum Depr - Fixed Equip |
Asset |
1845 |
Contra-asset, balance represents accumulated value of depreciation recorded for university's fixed equipment. |
Accounts Receivable - Contract Grant |
Asset |
1300 |
A current asset representing an amount due Cornell as a result of invoicing Contract & Grant agreements or Federal Appropriations. Use: Restricted for DFS use only. |
Books |
Asset |
1850 |
Asset, balance represents capitalized acquisition value of university's cataloged library books Use: Used periods 1-13, auto generated entry when certain capital acquisition objects (level CAPA) are used on PREQs, FP docs or feed files |
Allowance for C&G Reserves |
Asset |
1320 |
Contra Asset associated with Contract & Grant Receivables. Use: Restricted for DFS use only. |
Accum Depr - Books |
Asset |
1855 |
Contra-asset, balance represents accumulated value of depreciation recorded for university's catalogued library books Use: Used by central DFS staff 3 times per year (Dec, Mar, Jun). |
Accounts Receivable - Extension Assoc. |
Asset |
1390 |
An asset is created by cooperative extension activity. Use: Cornell cooperative extension activity that is billed to individual counties monthly. |
Art & Collections |
Asset |
1860 |
Asset, balance represents capitalized acquisition value of university's artworks at the Johnson Museum Use: Used periods 1-13, auto generated entry when certain capital acquisition objects (level CAPA) are used on PREQs, FP docs or feed files |
Accounts Receivable - Travel Advance |
Asset |
1400 |
An asset created to cover travel expenses for an employee. Use: An advance to an employee or designee for travel at a future date. This receivable is relieved when the travel reimbursement and/or an advance deposit is processed. |
Accum Depr - Art & Collect |
Asset |
1865 |
Contra-asset, balance represents value of depreciation recorded for university's museum artworks 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 |
Inventories |
Asset |
1600 |
A current asset whose ending balance should represent the cost of an authorized department's products awaiting to be sold. Use: Record items purchased for resale including all costs associated with the product (i. e. shipping). |
Equipment - Moveable |
Asset |
1870 |
Asset, balance represents capitalized acquisition value of university's moveable equipment Use: Used periods 1-13, auto generated entry when certain capital acquisition objects (level CAPA) are used on PREQs, FP docs or feed files |
Work In Progress |
Asset |
1601 |
A current asset whose ending balance should represent the goods that are on the factory floor. The manufacturing of these goods has begun but has not yet been completed. Use: Used as a temporary holding area prior to completion of a manufactured product. Once production is complete cost must be moved to OC 1600. |
Accum Depr- Moveable Equipment |
Asset |
1875 |
Contra-asset, balance represents value of depreciation recorded for university's moveable equipment 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 |
Supplies - Lab/Project |
Expense |
6540 |
Expenditures for laboratory supplies and materials, including animals required for laboratory use, food for these animals, related chemicals, and related glassware Use: Not limited. |
Compensation - Other Bonus Full Bene |
Expense |
5420 |
Work-related or other additional bonus compensation. Max fringe rate -- see KFS Labor Distribution Table Labor Benefits Calculation table for fringe rate % |
Intersession - Athletics Expenses |
Expense |
6380 |
Expenditures for meals, for participants in a sponsored Athletics activity. Use: Use limited to the Athletics Department. |
Cost Share - Trsfr of Fds - Supplies |
Expense |
9940 |
Cost Share object code for SMAT level. System use only. |
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. |