Ledger Class X5 Transaction

The budget/object field of the account number is used for the following purposes in LC X5 transactions:

“R” indicates the net asset addition (or deduction) is reported as operating revenue in the University Statement of Activities. “E” indicates the net asset deduction (or addition) is reported as operating expense. “N” indicates the net asset addition or deduction is reported as non-operating revenue or expense in the University Statement of Activities.

“T” indicates a transfer between net assets. If the transaction is transferring funds from one LC X5 account to another LC X5 account, the transfer code should be in the 7x range and indicate the fund category of the other side of the transaction.

ADDITIONS

00 N Gain on Unit Retirements
10 R Endowments
14 R Endowments – Capital Pool
16 R Plowback – Regular Endowment
17 R Plowback – Quasi Endowment
20 R Agency Accounts
21 R/N Gifts – Private Sources – may be Permanent (N), Temporary (R) or Unrestricted (R)
22 R Grants – Government
23 R Loan Awards – Government
24 R Gifts – Life Income – Temporarily Restricted (new for FY 98)
25 N Gifts – Life Income – Permanently Restricted (new for FY 98)
30 R Investment Revenue
40 Retirement of Indebtedness
41 R Interest on Notes
42 R Collections on Notes Written Off; Payment on Loan Interest – Mandatory
50 N Gain on Disposition of Investments – U. S. Bonds
51 N Gain on Disposition of Investments – Convertible Bonds
52 N Gain on Disposition of Investments – Convertible Preferred Stock
53 N Gain on Disposition of Investments – Preferred Stock
54 N Gain on Disposition of Investments – Common Stock
56 N Gain on Disposition of Investments – Real Estate
58 N Gain on Disposition of Investments – Futures Contracts
59 N Gain on Disposition of Investments – Other
60 E Internal Interest Expense Offset
70 T Transfers from Current Unrestricted Reserves (LC 15)
71 T Transfers from Current Restricted Reserves (LC 25), except FAD (67xxx) funds
72 T Transfers from Current Suspense (FAD) Funds (LC 25 fund 67xxx series)
73 T Transfers from Student Loans (LC 35)
74 T Transfers from Endowment Principal (LC 45)
75 T Transfers from Plant Unexpended (LC 55)
76 T Transfers from Plant Retirement of Indebtedness (LC 65)
77 T Transfers from Invested in Plant (LC 75)
78 T Transfers from Suspense Funds
79 T Transfers from Agency Funds
81 Land, Buildings, Equipment – Additions
83 Borrowings Utilized
84 Retirement of Indebtedness
85 Withdrawal of Appreciation; Distribution of Realized & Unrealized Gains/(Losses)
89 Plant Other
90 R Underdistributed Pooled Income
91 R Sponsored Research – Gov’t Contracts
92 R Sponsored Research – Private Contracts
93 R Accumulation of Income to Principal (not fund 20/25xxx); Investment Revenue (fund 20/25xxx)
94 R Life Tenants
95 Notes and Bonds Payable and Advances
96 Interest Payable
97 R Sales of Art Objects
98 R Sales of Land, Buildings and Equipment
99 R Other Additions

DEDUCTIONS

00 N Loss on Unit Retirements
20 E/na Education & General Expenditures (not LC X5) (E); Fixed Asset Additions (LC X5)
26 E Collection Costs
27 E Peace Corps
28 E Vista
29 E Cancel Small Balances
30 E Litigation Costs
31 E Loss on Notes Written Off
32 E Teacher Cancellations
33 E Employment Cancellations
34 E Death Cancellations
35 E Disability Cancellations
36 E Collection Agency
37 E Administrative Expenses/Writeoffs
38 E Bankruptcy
39 E Military Cancellations
40 Payment on Loan Principal – Mandatory
41 Payment on Loan Principal – Nonmandatory
42 Payment on Loan Interest – Mandatory
43 E Payment on Loan Interest – Nonmandatory
50 N Loss on Disposition of Investments – U. S. Bonds
51 N Loss on Disposition of Investments – Convertible Bonds
52 N Loss on Disposition of Investments – Convertible Preferred Stock
53 N Loss on Disposition of Investments – Preferred Stock
54 N Loss on Disposition of Investments – Common Stock
56 N Loss on Disposition of Investments – Real Estate
58 N Loss on Disposition of Investments – Futures Contracts
59 N Loss on Disposition of Investments – Other
70 T Transfers to Current Unrestricted Reserves (LC 15)
71 T Transfers to Current Restricted Reserves (LC 25), except FAD (67xxx) funds
72 T Transfers to Current Suspense (FAD) Funds (LC 25 fund 67xxx series)
73 T Transfers to Student Loans (LC 35)
74 T Transfers to Endowment Principal (LC 45)
75 T Transfers to Plant Unexpended (LC 55)
76 T Transfers to Plant Retirement of Indebtedness (LC 65)
77 T Transfers to Invested in Plant (LC 75)
78 T Transfers to Suspense Funds
79 T Transfers to Agency Funds
81 Land, Buildings, Equipment – Disposal
82 E Depreciation
83 Borrowings Utilized
84 Retirement of Indebtedness
85 W/D of Appreciation; Distribution of Realized & Unrealized Gains/(Losses)
90 E Underdistributed Pooled Income
91 E Returned to Donor
92 E Payment of Income to Affiliated Hospital
93 Paid to Annuitants
94 Paid to Life Tenants
95 E Repayments Returned to Government
96 E Partial Refund of Underwriting Deposit
97 E Payment of Investment Income Earned on U.S. Government Grants
98 E Transfer Taxes, Shipping Costs – Slaes of Securities
99 E Other Deductions