Expenditure Type
About Expenditure Type
The University's assets, liabilities, revenues, expenses, and fund balances are divided into more specific categories called expenditure types.
Examples include:
- office supplies
- tuition
- faculty salaries
Each expenditure type has a 6-digit number.
Expenditure Type Attributes
Each expenditure type must have:
- a name assigned by General Accounting. Can have up to 30 alphanumeric characters. The first 6 digits are the expenditure type number.
- a start date.
- an A21 allowability and includability flag that specifies whether the expenditure type is allowable and/or includable for federal indirect cost purposes as defined in OMB Circular A-21.
- a fringe benefit flag that indicates whether a salary or wage expenditure type is subject to fringe benefit assessment.
Expenditure Form
Last Updated: June 29, 2009 (jp).
