Loyola University Chicago

Financial Services

Chart of Accounts

BALANCE SHEET ACCOUNTS (1000-2999)    
 
REVENUES (3000-4999)
 
EXPENSES (5000-7999)
 
NON-OPERATING 
 
REVENUES 
Tuition & Fees 
3001 UNDERGRADUATE TUITION Revenue from tuition assessed to undergraduate students enrolled in a credit program.
3002 TUITION ALLOCATED Used to allocate School of Nursing tuition revenue. FINANCE USE ONLY.
3010 GRADUATE TUITION Revenue from tuition assessed to graduate students enrolled in a credit program.
3015 PROFESSIONAL TUITION Revenue from tuition assessed to students enrolled in a professional school.
3020 CERTIFICATE TUITION Revenue from tuition charged to participants in the certification programs such as Executive Education.
3025 CONTINUING EDUCATION TUITION Revenue from tuition charged to participants in continuing education programs.
3030 PRIOR YEAR TUITION ADJUSTMENTS Reflects adjustments to prior-year tuition revenue.
3035 SUMMER &/OR INTERSESSION TUITION Revenue from tuition assessed to students enrolled in summer/intersession term classes.
3040 APPLICATION FEES Revenue received from fees charged prospective students for admission to the University.
3041 REGISTRATION FEES Revenue received from fees charged new students upon their acceptance of admission to the University.
3043 COURSE/LAB FEES Revenue received from fees charged to students who are taking courses which require lab work.
3045 DROP/ADD OR LATE FEES Payments received from students for changing classes during a semester/quarter or for late registration processing.
3047 FORFEITED DEPOSITS Revenue realized from admission deposits which have been forfeited by students.
3048 THESIS OR DISSERTATION FEES Revenue received from fees charged to students for thesis or dissertation review and approval.
3060 GRADUATION FEES Fees charged to students applying for graduation.
3061 TRANSCRIPT FEES Revenue received from fees charged to current/prior students for transcripts.
3065 STUDENT ACTIVITY FEES Revenue received from fees charged to students for the provision of certain non-academic student services.
3070 STUDENT DEVELOPMENT ACTIVITY FEES Revenue received from fees charged to students for the provision of certain non-academic student services within the Student Development division.
3071 RESIDENCE HALL FEES Revenue allocated from fees charged to students in residence halls (internal use only).
3081 STUDENT HEALTH FEES Revenue received from fees charged to students for the provision of health insurance coverage.
3090 OTHER FEES Revenue from fees not separately identified.
3610 EXTERNAL PROGRAM TUITION Revenue received from tuition charged for study abroad programs.
Grants & Contracts    
3210 GRANT & CONTRACT REVENUE  Revenue received by the University from governmental and private sponsors, intended for the support of specific University programs and projects.
3220 INDIRECT COST REVENUE          Indirect cost recovery from sponsors at established indirect cost rates for the various types of sponsored programs.
3230 CAPITATION REVENUE Revenue received from the State of Illinois intended for the support of University academic programs.
Academic Support Revenue       
3310 LUMC SUPPORT Represent revenue received from LUMC, based on the affiliation agreement, that is used to provide support for the School of Medicine. SSOM USE ONLY
Gifts    
3410 GIFTS - UNRESTRICTED Contributions received by the University for unrestricted use in daily operations, for which the University has made no commitment of resources or services.
3420 GIFTS-IN-KIND Gift-in-kinds received by the University (less than $100,000) for unrestricted use in daily operations, for which the University has made no commitment of resources or services. 
Interest Income - Operating    
3500 INTEREST INCOME      Investment income receive on the investment of the University's operating cash.
3502 SHORT TERM INVESTMENT POOL INCOME Interest and dividends generated while investing the University's unrestricted short-term investments. FINANCE USE ONLY.
3503 SHORT TERM INVEST POOL REALIZED G/L Capital gains generated while investing the University's unrestricted short-term investments. FINANCE USE ONLY.
3504 SHORT TERM INVEST POOL UNREALIZED G/L Unrealized appreciation generated while investing the University's unrestricted short-term investments. FINANCE USE ONLY.
3505 SHORT TERM INVEST POOL MANAGEMENT FEES Management fees incurred while generating investment income on the University's unrestricted short-term investments. FINANCE USE ONLY.
Investment Income - Operating    
3514 INVESTMENT RETURN      DESIGNATED FOR OPERATIONS  Portion of the unrestricted long-term investment return that has been designated as spendable by University management. FINANCE USE ONLY.
Other Revenue and Auxiliary Enterprises    
3630 CONFERENCE REGISTRATION/WORKSHOPS Revenue charged for conference registration/workshops.
3640 LOAN INTEREST INCOME Interest income received from student/employee loans.
3650 SPONSORSHIP & PROMOTIONS Revenue received from sales of advertising space in newsprint, pamphlets, booklets, programs, and electronic media.
3660 ROYALTIES Revenue earned from University trademarks or licensing/patenting of inventions.
3670 FINES       Receipts of income resulting from fines imposed for violations of the University's established regulations including library fines, non-sufficient funds on returned checks, etc.
3690 OTHER INCOME Revenue received from miscellaneous or extraordinary sources for which a specific object code has not been provided elsewhere.
3695 DROP/ADD OR LATE FEES Revenue charged for late student payments on tuition and student loans.
3696
PREMIUMS / DIRECT DONOR BENEFITS
 Used to record the portion of cash receipts that are designated as the fair market value of goods and/or services received by a donor and therefore are not a charitable contribution to LUC.
4000 RESIDENCE HALLS - ACADEMIC YEAR Revenue received for the rental of residence hall rooms which are owned and operated by the University.
4001 RESIDENCE HALLS - SUMMER/INTERSESSION RENTAL Revenue received for the rental of residence hall rooms which are owned and operated by the University for use by students or conferences during the summer or intersession term.
4010 BOARD Revenue received for board and food sales provided by the University-operated facilities.
4020 APARTMENT RENTAL Revenue received for the rentals of apartments which are owned and operated by the University.
4030 LOT UPKEEP Revenue received from the lot up-keep fees.
4032 ATHLETICS - SEASON TICKET PARKING Athletics season ticket parking revenue.
4040 FACILITY RENTAL Revenue received for the rentals of conference rooms and all other facilities/spaces which are owned and operated by the University.
4041 LODGING Revenue received for the overnight rental of on campus housing.  Primarily used by Conference Services.
4043 NONTAXABLE LODGING Revenue received for the overnight rental of on campus housing which meets to criteria to be exempt from occupancy tax. Primarily used by Conference Services.
4044 PROPERTY TAX Revenue received from tenants to offset property taxes the University owes.
4045 COMMISSIONS Revenue received from sales commissions on food services, vending and other items.
4060 MEMBERSHIP - RECREATION CENTER Fees collected for membership in Halas Sports Center.
4065 GATE RECEIPTS/TICKET SALES Receipts from sales of individual tickets for admission to athletic or other University programs or facilities.
4066 ATHLETIC SEASON TICKET SALES Receipts from sale of season tickets for admission to athletic or other University programs or facilities.
4067 GAME GUARANTEE
Revenue received from participation in non-conference away games. FOR ATHLETICS USE ONLY.
4068 ATHLETIC DISTRIBUTIONS
Revenue received from participation in tournaments and all NCAA distributions. FOR ATHLETICS USE ONLY.
4069 GAMING
Revenue from gaming activities such as raffles. Please consult FINANCE before use.
4070 SALES
Revenue received from all University sales other than room and board, including merchandise and concessions.
4071 SPORTS CAMP/CLINIC
Revenue received for summer camp and clinic registrations. FOR ATHLETICS USE ONLY.
4075 WEDDING & OTHER SPECIAL EVENTS Revenue received for the rental of University facilities and properties for weddings and other special events.
Net Assets Released      
4170 NET ASSETS RELEASED
Temporarily restricted funds that have met the restrictions of the donor and are available to be used to support University operations. FINANCE USE ONLY
4172 NET ASSETS RELEASED - OPERATING R&E
Operating funds that have been determined to be spendable by University management and are released into operations. FINANCE USE ONLY
4174 NET ASSETS RELEASED - GIFTS
Non-operating unrestricted funds that have been spent and are available to be used to support University operations. FINANCE USE ONLY.
Internal Revenue    
4999 INTERNAL REVENUE & SERVICES OFFSET Internally generated revenue recorded in the department providing services for another University program.
     
EXPENSES
Salary & Benefits    
Faculty Salaries
5010 TENURE TRACK FULL-TIME FACULTY SALARIES Wages paid to contracted full-time tenure track faculty.
5011 TENURE TRACK FULL-TIME FACULTY SALARIES NON-FRINGE BENEFIT Wages paid to contracted full- &/or part-time tenure track faculty that are outside the US and not eligible for fringe benefits.  Primarily used for the Rome Center Faculty.  FINANCE USE ONLY
5015 TENURE TRACK PART-TIME FACULTY SALARIES Wages paid to contracted part-time tenure track faculty.
5020 NON-TENURE TRACK FULL-TIME FACULTY SALARIES Wages paid to contracted full-time non-tenure track faculty.
5021 NON-TENURE TRACK FULL-TIME FACULTY SALARIES NON-FRINGE BENEFIT Wages paid to contracted full-time non-tenure track faculty that are not eligible for fringe benefits.  Primarily used for the Rome Center Faculty.  FINANCE USE ONLY
5025 NON-TENURE TRACK PART-TIME FACULTY SALARIES Wages paid to part-time contract faculty for teaching activities during the (9 month) academic year.
5026 NONTENURE TRACK PT FACULTY SUMMER/INTERSESSION Wages paid to part-time contract faculty for teaching activities during the summer and/or intersession.
5030 SUPPLEMENTAL SALARIES - INSTRUCTIONAL (ACADEMIC) Additional wages paid to full-time faculty in excess of their contracted amount for Instructional activities during the academic year.
5031 SUPPLEMENTAL SALARIES - FT FACULTY INSTRUCTIONAL (SUMMER & INTERSESSION) Additional wages paid to full-time faculty in excess of their contracted amount for Instructional activities during the summer and/or intersession.
5032 SUPPLEMENTAL SALARIES - RESEARCH Additional wages paid to full-time faculty in excess of their contracted amount for research activities.
5033 SUPPLEMENTAL SALARIES - PROFESSIONAL SERVICES Additional wages paid to full-time faculty in excess of their contracted amount for professional services.
5034 SUPPLEMENTAL SALARIES - MAJOR ADMINISTRATIVE STIPENDS Additional wages paid to full-time faculty in excess of their contracted amount for performance of major administrative responsibilities.
5035 SUPPLEMENTAL SALARIES - MINOR ADMINISTRATOR Additional wages paid to full-time faculty in excess of their contracted amount for performance of minor administrative responsibilities.
5036 SUPPLEMENTAL SALARIES - PART-TIME Additional wages paid to part-time faculty for performance of administrative responsibilities.
5050 LIBRARIANS & QUASI-FACULTY Wages paid to faculty and librarians that provide administrative support for instruction/training/research activities.
5055 SHORT-TERM DISABILITY PAY - FACULTY  Wages paid to University faculty during a medical leave, including pregnancy, that prevents the employee from working.
Administrative Staff
5110 STAFF SALARY- FULL-TIME EXEMPT Wages paid to full-time exempt University employees who provide administrative support for instruction/training/research activities.
5111 STAFF SALARY - FULL-TIME EXEMPT NON FRINGE BENEFIT Wages paid to full-time exempt University employees who provide administrative support outside the US that are not eligible for fringe benefits.   Primarily used for the Rome Center staff.  FINANCE USE ONLY
5115 SHORT-TERM DISABILITY PAY - ADMIN & STAFF Wages paid to University administrative staff during a medical leave, including pregnancy, that prevents the employee from working. 
5120 STAFF SALARY- FULL TIME NON-EXEMPT Wages paid to full-time (37.5 or 40.0 hours per week) non-exempt University employees who provide administrative support for instruction/training/research activities.
5121 STAFF SALARY - FULL-TIME NON EXEMPT NON FRINGE BENEFIT Wages paid to full-time non-exempt University employees who provide administrative support outside the US that are not eligible for fringe benefits.   Primarily used for the Rome Center staff.  FINANCE USE ONLY
5130 STAFF SALARY- PART-TIME Wages paid to part-time (less than 37.5 or 40.0 hour work week) non-exempt University employees who provide administrative support for instruction/training/research activities.
5140 OVERTIME PAY Premium wages earned by employees who are paid by the hour and work more than 40 hours in a seven-day work week.  Overtime is paid at a 1.5 rate of regular hourly rate of pay for every hour worked over 40 hours.
Research Personnel
5210 RESEARCH ASSOCIATE SALARY- FULL-TIME Compensation paid to full-time University exempt personnel directly involved with research. This includes post-doctorate fellows.
5230 RESEARCH ASSOCIATE SALARY- PART-TIME Compensation paid to part-time University exempt personnel directly involved with research. This includes post-doctorate fellows.
Students
5310 STUDENT WORKER Wage payments to undergraduate and graduate students who are employed by the University.  This does NOT include graduate students who hold teaching or research assistantships.
5313 PARTICIPANT SUPPORT COSTS – STIPENDS Stipends paid on behalf of participants or trainees in connection with conferences or training projects who are/were workers during the calendar year, such participant support costs are processed through payroll.  GRANTS ONLY.  
5320 GRAD STUDENT STIPEND Payments to graduate students who hold teaching or research graduate assistantships.
5330 ON CAMPUS COMMUNITY SERVICE Wage payments to students in departments qualifying as open to the community under the Federal Work Study Program.
Temporary Help
5410 FLOAT POOL Wage payments to University temporary employees not permanently assigned to a department or position.
5420 TEMPORARY PART-TIME SALARY Compensation paid to employees that hold a temporary position (duration less than six months) within a University department.
5430 TEMPORARY HELP - EXTERNAL AGENCIES Used to record personnel costs paid to external agencies.
Other Salaries
5441 PRIZES,AWARDS,HONORARIA - EMPLOYEE Non-salary compensation to employees that could be taxable.
5498 SALARY REIMBURSEMENTS Reimbursement for salaries paid by the university for employees performing non-university related job functions.  FINANCE USE ONLY
Fringe Benefits
5800 BENEFIT EXPENSE - FACULTY (FULL-TIME) Fringe benefits allocation for full-time faculty salaries based on a rate established by the University or governmental agency. FINANCE USE ONLY.
5801 BENEFIT EXPENSE - FACULTY (PART-TIME) Fringe benefits allocation for part-time faculty salaries based on a rate established by the University or governmental agency. FINANCE USE ONLY.
5803 BENEFIT EXPENSE - STAFF FULL TIME Fringe benefits allocation for full-time staff salaries based on a rate established by the University or governmental agency. FINANCE USE ONLY.
5804 BENEFIT EXPENSE - STAFF PART-TIME Fringe benefits allocation for part-time staff salaries based on a rate established by the University or governmental agency. FINANCE USE ONLY.
5805 BENEFIT EXPENSE - TRAIN GRANTS Fringe benefits allocation for training grants that are manually booked on a quarterly basis by Sponsored Program Accounting. FINANCE USE ONLY.
5807 BENEFIT EXPENSE - GRAD STUDENT TUITION Fringe benefits allocation for grad student stipends (applicable to certain grants only) based on a rate established by the University or governmental agency. FINANCE USE ONLY.
5808 BENEFIT EXPENSE - GRAD STUDENT INSURANCE Fringe benefits allocation for grad student health insurance (applicable to certain grants only) based on a rate established by the University or governmental agency. FINANCE USE ONLY.
5820 FB REALLOCATION - FACULTY FT Used to record manual fringe benefits as needed and is excluded from the fringe benefit job allocation. FINANCE USE ONLY.
5821 FB REALLOCATION - FACULTY PT Used to record manual fringe benefits as needed and is excluded from the fringe benefit job allocation. FINANCE USE ONLY.
5823 FB REALLOCATION - STAFF FT Used to record manual fringe benefits as needed and is excluded from the fringe benefit job allocation. FINANCE USE ONLY.
5824 FB REALLOCATION - STAFF PT Used to record manual fringe benefits as needed and is excluded from the fringe benefit job allocation. FINANCE USE ONLY.
5898 BENEFIT REIMBURSEMENT Reimbursement to Loyola from third parties for benefits paid by Loyola
5899 BENEFIT ALLOCATION OFFSET Used to record the fringe benefit offset to the benefit allocation entry.  FINANCE USE ONLY.
5900 MEDICAL - BC/BS - PPO1 Used to record benefit expense associated with health insurance coverage. This code is to be used by Human Resources and Payroll Services.
5901 MEDICAL - BC/BS - PPO2 Used to record benefit expense associated with health insurance coverage. This code is to be used by Human Resources and Payroll Services.
5903 MEDICAL - BC/BS - PPO3 HSA Used to record benefit expense associated with health insurance coverage. This code is to be used by Human Resources and Payroll Services.
5904 MEDICAL - RETIREE Used to record benefit expense associated with retiree health insurance costs (actuarial calculation). This code is to be used only by Human Resources and Payroll Services.
5905 DENTAL - DELTA Used to record benefit expense associated with dental insurance coverage. This code is to be used only by Human Resources and Payroll Services.
5906 DENTAL - DMO Used to record benefit expense associated with dental insurance coverage. This code is to be used only by Human Resources and Payroll Services.
5907 GENERAL HEALTH BENEFITS Used to record University benefits expenses for graduate student health insurance.
5909 PENSION - LTD Used to record benefit expense associated with employer sponsored defined contribution retirement plan for employees under the University's self-funded long-term disability plan. This code is to be used only by Human Resources and Payroll Services.
5911 PENSION - DEFINED CONTRIBUTION Used to record benefit expense associated with employer sponsored defined contribution retirement plan (5% contribution). This code is to be used only by Human Resources and Payroll Services.
5913 PENSION - DC EMPLOYER MATCH Used to record benefit expense associated with employer sponsored defined contribution retirement plan (employer match contribution). This code is to be used only by Human Resources and Payroll Services.
5914 JESUIT PENSION Used to record benefit expense associated with Jesuit Community's retirement expenses. This code is to be used only by Human Resources and Payroll Services.
5915 TAXES - SOCIAL SECURITY Used to record benefit expense associated with FICA taxes. This code is to be used only by Human Resources and Payroll Services.
5916 TAXES - MEDICARE Used to record benefit expense associated with Medicare taxes. This code is to be used only by Human Resources and Payroll Services.
5917 TAXES - FOREIGN Used to record benefit expense associated with taxes paid for employees in foreign countries. This code is to be used only by Human Resources and Payroll Services
5919 TAXES - STATE/LOCAL State/Local payroll income tax expense. HR and Payroll use only.
5920 INSURANCE - LTD Used to record benefit expense associated with long-term disability insurance. This code is to be used only by Human Resources and Payroll Services
5921 SELF-FUNDED INSURANCE BENEFITS Used to record the expenses related to self-insured benefits
5922 INSURANCE - WORKERS COMPENSATION Expenses incurred on employees insurance coverage for injuries sustained in the course of their employment
5923 INSURANCE - UNEMPLOYMENT Insurance expense paid for unemployment claims made by former employees.
5924 INSURANCE - LIFE Expense for employer sponsored life insurance coverage of employees.
5925 EMPLOYEE HEALTH SERVICE Cost associated with employee health service. 
5926 UNIV ASSISTED HOUSING Used to record benefit expense associated with the University's Assisted Housing program. This code is to be used only by Human Resources and Payroll Services.
5927 HEALTH SAVINGS ACCOUNT Health savings account expense. HR and Payroll use only.
5929 CRITICAL ILLNESS & VOL GROUP ACCIDENT Expense for critical illness and voluntary group accident insurance. HR and Payroll use only.
5930 TUITION BENEFITS Used to record benefit expense associated with employee and dependent tuition benefits
5931 DEATH GRATUITY Benefit expense incurred by employer for employees expiring while employed by the University.
5935 VACATION/PERSONAL Used to record benefit expense associated with accrued vacation time. FINANCE USE ONLY.
5940 BENEFIT ADMINISTRATION FEES Administrative cost of providing fringe benefits.
5945 AMERICANS WITH DISABILITIES ACT EXPENSES Used to record costs to be in compliance with the Americans with Disabilities Act. To be used by Human Resources only.
5950 EURO EXCHANGE DIFFERENTIAL Salary adjustments given to expatriates to compensate for the exchange rate differential and the increased cost of living expenses that may exist when working for the University in another country.
5955 RELOCATION EXPENSES Used to record payments for moving and relocation expenses of new employees.
5956 HOUSING ALLOWANCE BENEFIT Allowance for housing expenses given to individuals as part of their compensation package.
5957 TAX SUBSIDY Costs associated with equalizing Rome Center employee salaries due to increased tax brackets in Italy.
5960 THIRD PARTY BENEFITS Benefit expense paid to other institutions for visiting professors.
5998 BENEFIT REIMBURSEMENT Reimbursement for benefits paid by the university for employees performing non-university related job functions.  FINANCE USE ONLY
Direct Expenses      
Supplies
6100 SUPPLIES - OFFICE Costs of supplies & materials used during the course of general office operation. Includes printer/copier paper & cartridges, desk supplies, etc..
6110 SUPPLIES - INSTRUCTION/PROGRAM ALL Operating supplies & expenses that do not fit any other object code. Examples include, but are not limited to: RESEARCH/TEACHING - lab supplies, field trip expenses, maps, etc; THEATER/FINE ARTS - costumes, props, scripts, etc.; ATHLETICS - uniforms, shoes, sports equipment, travel, lodging, food; RECREATIONAL SPORTS - mats, music, elastic bands, small weights, etc.; HEALTH SERVICES - band aids, syringes, paper gowns, tongue depressors, etc.; MISCELLANEOUS ALLOWABLE PROGRAM EXPENSES
6120 BOOKS & PROFESSIONAL PUBLICATIONS Used in instructional, research or general operating activities. Includes purchases made by the Libraries.
6121 PERIODICALS & SUBSCRIPTIONS Used in instructional, research or general operating activities. Includes purchases made by the Libraries.
6130 ELECTRONIC MEDIA Used in instructional, research or general operating activities. Includes purchases made by the Libraries.
6131 AUDIOVISUAL MEDIA Used in instructional, research or general operating activities. Includes purchases made by the Libraries.
6140 SUPPLIES - STUDENT ACTIVITY All expenses for Student Activities incurred by schools &/or departments.
6150 SUPPLIES - MEDICATIONS & MEDICAL Non-laboratory medication & medical supplies expenses incurred by the Wellness Center.
6151 SUPPLIES - WELLNESS LAB EXPENSES Only those expenses incurred by the Wellness Center laboratory for in-house processing of blood, cultures, etc.
6152 SUPPLIES - BEDDING Cost of linens and other bedding supplies, used primarily by Conference Services.
6153 SUPPLIES - ENRICHMENT Cost of enrichment supplies.
6154 SUPPLIES - FEED Cost feed supplies. 
6155 SUPPLIES - GOWNING Costs of gown supplies.
6156 SURGICAL SUPPLIES Costs of surgical supplies. 
6157 MISC LAB OPERATING SUPPLIES Other miscellaneous laboratory supplies.
6158 SUPPLIES - DIAGNOSTIC LAB Cost of diagnostic lab supplies. 
Printing & Publication
6200 PRINTING Costs of printing letterhead, forms, invitations, etc., as well as electronic CD-ROM imaging  (No departmental copier charges coded here.).
6201 PRINTING - EXTERNAL Costs of printing services obtained outside of Loyola's Printing Services department.
6202 PHOTOGRAPHY Photography expenses, both internal & external, including: film, developing, photographer, etc.
6203 ADVERTISING Costs associated with advertising through all media channels (paper & electronic) that are incurred either internally and allocated to departments or paid to external vendors by the University in an effort to promote University operations.
Postage & Shipping
6220 POSTAGE, SHIPPING, HANDLING Costs of services provided by the LUC Mailroom or outside vendors including: in- or out-bound freight, parcel shipment, stamps, and express/special delivery/registered mail.
Telecommunications
6230 TELECOMMUNICATIONS  Phones, line & internet charges
6231 TELEPHONE CHARGES - LONG DISTANCE Reflects the costs of long distance telephone charges incurred by the LUC and distributed to departments based on actual occurrence.
6232 TELEPHONE CHARGES - LOCAL Reflects the costs of local telephone charges incurred by the LUC and distributed to departments based on actual occurrence.
Contracted Services
6250 LEGAL FEES Costs incurred by non-Loyola licensed attorneys for contracted services based on a predetermined amount or rate. These charges include, but are not limited to: retainers, payment for services provided, travel, lodging, etc..
6251 ACCOUNTING FEES Costs incurred by non-Loyola licensed accounting professionals for contracted services based on a predetermined amount or rate. These charges include, but are not limited to: retainers, payment for services provided, travel, lodging, etc..
6252 PROFESSIONAL & CONSULTING FEES Costs incurred by non-Loyola licensed professionals (Architectural & Engineering, etc.) for contracted services based on a predetermined amount or rate. These charges include, but are not limited to: retainers, payment for services provided, travel, lodging, etc..
6253 CONTRACTED OUTSOURCED SERVICES The costs for work that could be performed by current employees, but due to time, staffing, or other constraints is contracted with an outside source. Includes Temp Agencies
6254 PATENT PROCUREMENT The costs associated with maintaining and obtaining a patent. 
Travel
6300 TRAVEL - LOCAL (NON-RECRUITING, NON-INSTRUCTIONAL) Parking, mileage, cabs, etc. (other than commuting) incurred on LUC business in the Chicago metropolitan area.
6302 TRAVEL - DEVELOPMENT ONLY Local & out of town travel expenses, including transportation costs (fares, mileage allowances, and automobile expenses), meals and lodging incurred while raising funds for the University
6303 INSTRUCTIONAL/PROGRAM TRAVEL Flights, Meals, Hotels and other expenses for students, faculty, and staff associated with Instructional and Program Related Travel. This also includes team travel for Athletics. Not to be used for Faculty/Staff Professional Development Expense.
Conferences, Conventions & Meetings
6310 PROFESSIONAL DEVELOPMENT, MEETINGS OR CONFERENCES - FACULTY &/OR STAFF - (INCLUDES  TRAVEL) Total (non-salary) expenses incurred hosting &/or conducting meetings or conferences including, but not limited to: facility rental, the speaker's)' fees and expenses, and all printed materials associated with the event. Also include the registration and travel fees (but not salary expenses) paid for sending any LUC employee to conferences, meetings or conventions conducted by other organizations.
6311 CME PROGRAM COSTS Reflects the administrative costs of the Continuing Medical Education (CME) Department that are allocated to individual CME programs in the Stritch School of Medicine
6312 MEMBERSHIPS & DUES Dues & fees related to memberships in professional associations and organizations.
6313 PARTICIPANT SUPPORT Direct cost for items such as stipends or subsistence allowances, travel allowances, and registration fees paid to or on behalf of participants or trainees (but not employees) in connection with conferences or training projects. GRANTS ONLY.
Recruiting
6314 RECRUITING EXPENSES - STUDENTS All presentation & reception expenses (including travel) incurred recruiting potential graduate and undergraduate students (including athletes) to LUC.
6315 RECRUITING EXPENSES - FACULTY & STAFF All presentation & reception expenses (including travel) incurred recruiting faculty and staff to LUC.
Athletics
6340 GUARANTEE EXPENSE Expense incurred for participation in non-conference home games. FOR ATHLETICS USE ONLY.
6341 OFFICIALS EXPENSE
Expense incurred for payments to athletic referees and officials. FOR ATHLETICS USE ONLY.
6342 CHARTED FLIGHTS
Expense incurred for Athletic teams chartered flights for away games. FOR ATHLETICS USE ONLY
Entertainment
6320 ENTERTAINMENT Costs directly associated with entertainment, amusement, diversion or other social activities offered for the benefit of LUC faculty, staff, students, donors, guests, etc. These expenditures are disallowed for federally sponsored grants & contracts and must be segregated.
6321 FOOD SERVICE/CATERING Catered, restaurant, or grocery expenses associated with LUC hosted events and programs that are not part of Professional Development or Recruiting.
Equipment Maintenance & Rentals (Long & Short-Term)
6400 EQUIPMENT - OFFICE - COPIER EXPENSES - ALL  Lease, Service Contract, Over Usage or Per-Copy Charges, etc.
6401 EQUIPMENT - MAINTENANCE SERVICE CONTRACTS Cost of payments on contract service agreements for equipment repairs and maintenance.
6402 EQUIPMENT RENTAL - PROGRAM All single event or short-term (< 2 weeks) equipment rentals.
6403 EQUIPMENT PURCHASED - MINOR Useful life greater than 1 year and a cost of less than $5,000/unit.
6404 EQUIPMENT PURCHASED - MAJOR Useful life greater than 1 year and a cost equal to or greater than $5,000/unit.
6405 EQUIPMENT PURCHASES - COMPUTER HARDWARE & SOFTWARE < $5,000/UNIT - DEPARTMENTAL Computers, hardware, and software purchased for use by departments and/or part of the PC replacement program.
6406 TECHNOLOGY & TELECOMMUNICATIONS INFRASTRUCTURE Hardware and Software purchased to support LUC's technology systems.
6407 INFORMATION SERVICES ALLOCATION - REPAIRS & MAINTENANCE Cost of computer maintenance and computer accessories purchased in connection with such maintenance.
6415 CLOUD COMPUTING ARRANGEMENT (CCA) FEES Fees for software that is licensed on a subscription basis and is centrally hosted and managed online by a manufacturer or a third-party vendor.  LUC 1) does not have the right to take possession of the software and 2) it is not feasible for LUC to run the software on its own hardware or contract with another party to run it.
6416 AMORTIZATION - CAPITALIZED IMPLEMENTATION COSTS FOR CLOUD COMPUTING ARRANGEMENTS
Amortization expense of amounts recorded to account 1851 Capitalized Implementation Costs for Cloud Computing Arrangements. 
 
The expense is recognized on a straight-line basis over the term of the associated hosting arrangement (non-cancellable period of the CCA plus any optional renewal periods that are reasonably certain to be exercised)
Operations & Maintenance 
6420 VEHICLE -  MAINTENANCE & SUPPLIES Costs of maintenance of University vehicles, including supplies purchased in connection with vehicle maintenance.
6421 VEHICLE - FUEL COSTS Cost of Fuel related to University Vehicles
6422 HOUSEKEEPING Cost of housekeeping services, including maid and janitorial services.
6423 REPAIRS & MAINTENANCE Cost of minor repairs and maintenance of land, buildings and equipment (excluding vehicles and computers).
6424 BUILDING ADDITIONS AND IMPROVEMENTS, AND OTHER CONSTRUCTION Represents the cost of building additions and improvements.
6425 PLANT - CAPITALIZATION Cost of capitalized equipment with a purchase price of $5,000 or more and a useful life greater than 1 year, or plant additions which exceeds $5,000.
6426 FACILITY RENTAL Payments for the use of building space, land or land improvements (such as parking lots).
6427 MOVING EXPENSES - LUC DEPTS. Expenses incurred in Non-capitalized departmental relocations.
6428 GAS -- NATURAL Costs of natural gas used in the process of University operations.
6429 ELECTRICITY Costs of electricity used in the process of University operations.
6430 WATER & SEWAGE Costs of water & sewer used in the process of University operations.
6431 SCAVENGER Costs of scavenger services (waste disposal, trash and garbage collection) used in the process of University operations.
6432 TAXES - PROPERTY Cost of all real estate taxes or other non-payroll-related taxes.
6433 LICENSES & PERMITS Costs of all special permits, such as fire inspections and license fees (including visas) paid to federal, state, county or municipal taxing authorities. These costs will include food, alcohol and operating permits.
6435 OTHER FUNDING Expenses incurred funding capital expenditures. FINANCE USE ONLY
6450 HAZARDOUS MATERIALS DISPOSAL Costs of hazardous materials disposal (such as medical waste) used in the process of University operations.
Depreciation & Amortization (Accounts below should not be used by departments without prior approval from Finance)
6460 DISPOSAL Cost of demolition and disposal of University capital assets. (FINANCE USE ONLY)
6465 DEPRECIATION & AMORTIZATION Used for writing off the annual portion of deterioration of capitalized equipment, building or land improvements. This charge is based on proration of the asset cost over its estimated life. (FINANCE USE ONLY)
6801 ACCRETION EXPENSE
Recognition of an expense related to a long term liability, in particular asset retirement obligations. (FINANCE USE ONLY)
      Debt Expenses 
6500 INTEREST Payments of interest expense accrued on all bonds, commercial paper, notes, etc. issued by the University.
6501 INTEREST EXPENSE - DISCOUNT & PREMIUM Discounts on interest expense accrued on all bonds, commercial paper, notes, etc. issued by the University.
6509 BOND ISSUANCE COSTS All costs associated with issuance of new bonds.
Banking Expenses
6510 CREDIT CARD FEES Fees associated with all credit cards held by the University.
6511 BANK FEES Cost of all banking service charges and fees.
Insurance Expenses
6530 INSURANCE - EXTERNAL POLICIES Costs of insurance purchased from external parties that is unrelated to fringe benefits. These insurance types include fire, general liability, property umbrella, malpractice, etc.
6531 INSURANCE - SELF INSURANCE Insurance costs incurred by the University that are self-funded. Includes costs incurred for deductibles and excess.
6532 STUDENT HEALTH INSURANCE Cost of student health insurance premiums.
6533 STUDENT DENTAL INSURANCE Cost of student dental insurance premiums. Financial Aid use only.
Receivables/Collection Expense
6550 WRITE-OFFS/BAD DEBT Any losses, whether actual or estimated, resulting from uncollectible accounts receivable.
6551 STUDENT LOAN CANCELLATIONS Costs arising from cancellation of student loans. FINANCE USE ONLY
6552 ADMINISTRATIVE COLLECTION COSTS Any costs resulting from attempts to collect on delinquent accounts, prior to writing them off as uncollectible, including related legal and collection expenses. FINANCE USE ONLY
6553 ADMINISTRATIVE REIMBURSEMENT Title 4 Campus based programs administrative reimbursement. 
Alumni Activities
6560 SUPPLIES & EXPENSES - ALUMNI ACTIVITIES Costs incurred in support of alumni activities & services. These expenditures are disallowed for federally sponsored grants & contracts and must be segregated.
Stipends
6570 GRADUATE FELLOWSHIP Non-service based fellowship payments to aid in the pursuit of independent research, study, or other educational activities.  Payments to students in exchange for services are WAGES and should NOT be processed as a fellowship, but rather as compensation for services through Payroll and charged to account 5320 (Grad Student Stipend).
6571 ROOM STIPEND Housing Allowance for Resident Assistants and Advisors. 
6572 BOARD STIPEND Board Allowance for Resident Assistants and Advisors.
6575 UNDERGRADUATE FELLOWSHIP Non-service based fellowship payments to aid in the pursuit of independent research, study, or other educational activities.  Payments to students in exchange for services are WAGES and should NOT be processed as a fellowship, but rather as compensation for services through Payroll and charged to account 5310 (Student Worker).
Research Related Expenses
6580 GRANTS & CONTRACTS SUBAWARDS < $25,000 The first $25,000 budgeted for each subaward entered into over the life of the external grant or contract funding such subawards.
6581 GRANTS & CONTRACTS SUBAWARDS > $25,000 The balance of subaward costs (including the years of continuation), which may be accessed once the initial indirect cost allowance of $25,000 is satisfied.  This is not subject to indirect cost.
6585 STUDY PARTICIPANT COSTS Payments made to human subjects participating in research projects or programs, to which Human Subject Protocols are applicable. Payees may include LUC or non-LUC participants.
6590 ANIMAL PURCHASES Costs incurred to purchase animals for research purposes
6591 ANIMAL FACILITY COSTS Any costs incurred to feed, house or maintain animals used for research purposes
6700 RADIOACTIVE, CHEMICAL, BIOLOGICAL AND/OR OTHER HAZARDOUS MATERIALS Any costs incurred to purchase, safeguard and monitor said materials
6709 IRB FEE - CLINICAL TRIAL  Used to record payment to the Institutional Review Board committee for approving, monitoring, and reviewing biomedical and behavioral research involving humans.
6710 PATIENT CARE Payments for LUPF & LUMC hospital charges for patient care provided to research subjects. SSOM USE ONLY.
6711 LAB CHARGES Any laboratory charges incurred while doing grant or contract research
6712 PHARMACY CHARGES Any pharmacy charges incurred while doing grant or contract research
6713 NON-SALARY EXPENSES - NO F&A COSTS Expenses associated with a grant that are not subject to the facilities and administrative cost rate and do not fit under another unallowable expense category.
Document Retention/Disposal
6714 DOCUMENT RETENTION/DISPOSAL The costs of storing documents either electronically or in a physical location. The costs of destroying documents that are no longer needed per the document retention policy.
Scholarships
6721 UNDERGRADUATE SCHOLARSHIPS - TUITION Financial assistance for undergraduate students. Awards are made on the basis of academic excellence, exceptional promise and/or financial need.
6722 GRADUATE SCHOLARSHIPS - TUITION Financial assistance for tuition for graduate/professional students. Awards are made on the basis of academic excellence, exceptional promise and/or financial need.
6723 SCHOLARSHIPS - OTHER Financial assistance for items other than tuition and housing/board for which a specific object code has not been provided elsewhere, such as fees.
6724 DISCOUNTING - UNDERGRADUATE Discounts from published tuition rates for certain agencies and/or groups of students for specific undergraduate programs. 
6725 DISCOUNTING - GRADUATE/PROFESSIONAL Discounts from published tuition rates for certain agencies and/or groups of students for specific graduate programs. 
6727 SCHOLARSHIPS ALLOCATED Allocation of scholarships. FINANCE USE ONLY.
6728 SCHOLARSHIPS REIMBURSEMENTS Associated with the Pell Grant. FINANCE USE ONLY. 
6730 SCHOLARSHIPS - HOUSING Financial assistance for housing.
6731 SCHOLARSHIPS - BOARD Financial assistance for board.
Recognitions & Contributions
6740 DONATIONS & CONTRIBUTIONS
Donations or contributions (whether via payment or in kind) made by LUC, or by any LUC department, to a charitable organization, or if to a political organization, for the purpose of lobbying or legislative activities such as voter registration and voter engagement.
 
Payments and use of LUC resources in support of a political candidate or political party are prohibited (see: Guidelines-Political-Activity.pdf (luc.edu))
 
Membership or dues payments to a charitable organization are not considered a donation or contribution and should be recorded to 6312 Memberships & Dues.
6741 ROYALTIES Cost of royalties payable to faculty members for the privileged use by LUC of patents or copyrights, to which the faculty members hold exclusive rights.
6742 PRIZES, AWARDS - NON-EMPLOYEE Payments made to individuals as an award or prize for recognition based on competition or other criteria.  Cannot be used for payments to employees as those should be processed through payroll.
6743 HONORARIA - NON-EMPLOYEE Payments made to an individual in recognition of a special or distinguished service such as a lecture, concert, or speaking engagement.  Cannot be used for payments to employees as those should be processed through payroll.
Other Operating Expenses
6800 FINES & PENALTIES Costs resulting from violations of, or failure of the University to comply with, Federal, State, local or foreign laws and regulations.  Payment of such fees with sponsored funds is disallowed by most grants, except when incurred as a result of compliance with specific provisions of the sponsored agreement, or explicit written instructions for the sponsoring agency official, authorizing such payments in advance.
6806 PURCHASES FOR RESALE Tickets, T-shirts, medicines, etc. as well as resale purchases made by Centennial Forum Gift Shop and Halas, Residence Life and the Wellness Center.
6811 CONTINGENCY FINANCE USE ONLY
Accounts Payable
6820 DISCOUNTS FINANCE USE ONLY
6821 COST INVOICE VARIANCES FINANCE USE ONLY
Miscellaneous Expenses
6830 MISCELLANEOUS EXPENSES Small miscellaneous items, and those expenses that do not easily fit into one of the defined categories.  Significant items should not be charged or budgeted to this account.
6831 FEES - MISCELLANEOUS Miscellaneous entry fees, surcharges, etc. that do not fit in another category
6832 INTER LIBRARY LOANS Charges associated with loans for library materials from other universities.
6833 EXPENSE REIMBURSEMENTS Reimbursement for non-salary/non-benefit related expenses from outside parties. 
6835 EXPENSE TRANSFERS Transfers made between accounting units within the same functional expense category (ie IPEDS/functional expenses) in which the expenses have already been incurred. Used primarily for mass movement of multiple expense category transfers. 6835 must net to zero within the journal entry. This account cannot be used for Federal/State Grants. MUST BE APPROVED BY GENERAL ACCOUNTING AND/OR SPA.
Income Tax
6910 FEDERAL INCOME TAX Federal income tax assessed on unrelated business income generated by the University. FINANCE USE ONLY.
6911 STATE INCOME TAX State income tax assessed on unrelated business income generated by the University. FINANCE USE ONLY.
Indirect Expenses    
Transfers
7020 TRANSFERS Transfers made between accounting units transferring expenses or funds. Used primarily for mass movement of multiple expense category transfers.  GRANT & CONTRACTS USE  ONLY.
7022 TRANSFERS - SERVICE AGREEMENTS Transfers made between accounting units transferring a service agreement’s deficit or excess funds. 7022 must net to zero within the journal entry. MUST BE APPROVED BY GENERAL ACCOUNTING.
Indirect Costs
7030 INDIRECT COSTS Facilities and Administrative costs charged to grants and contracts.  GRANT & CONTRACT USE ONLY
Allocations
7100 DEPRECIATION ALLOCATION To allocate depreciation among the University units based on their use of depreciable equipment or the space occupied. FINANCE USE ONLY
7101 OTHER ALLOCATIONS To allocate other charges across University units based upon a specific allocation methodology.  FINANCE USE ONLY
7102 PLANT ALLOCATIONS To allocate physical plant charges among specific University units based on the degree to which they utilize the physical plant services. FINANCE USE ONLY
7103 INTEREST ALLOCATIONS To allocate interest expense among the University units based on the degree to which they benefit from the borrowed funds. FINANCE USE ONLY
7104 FACILITIES ALLOCATIONS To allocate physical plant charges among specific University units based on the degree to which they utilize the physical plant services. FINANCE USE ONLY
7105 INSURANCE ALLOCATIONS To allocate insurance charges among specific University units.  FINANCE USE ONLY
7106 CENTRAL ADMINISTRATION ALLOCATION To allocated central administration charges among specific University units.  FINANCE USE ONLY
7107 STUDENT ADMINISTRATION ALLOCATION To allocate student administration charges among specific University units. FINANCE USE ONLY
7109 BAD DEBT EXPENSE ALLOCATION To allocate bad debt expense among specific University units. FINANCE USE ONLY.
7110 SECURITY EXPENSE ALLOCATION To allocate security-related expenditures among specific University units. FINANCE USE ONLY.
Shared Services
7200 SHARED SERVICES - LUMC TO UNIVERSITY Used to record costs allocated to the University from the Health System for services provided.  FINANCE USE ONLY.
7201 SHARED SERVICES - LUMC TO SSOM Used to record costs allocated to the School of Medicine from the Health System for services provided.  FINANCE USE ONLY.
7202 SHARED SERVICES - SSOM TO LUMC Used to record costs allocated to the Health System from the SSOM for services provided.  FINANCE USE ONLY.
7203 SHARED SERVICES - SSOM TO UNIVERSITY Used to record costs allocated to the University from the SSOM for services provided.  FINANCE USE ONLY.
7204 SHARED SERVICES - UNIVERSITY TO LUMC Used to record costs allocated to Loyola University Medical Center from the University for services provided.  FINANCE USE ONLY.
7205 SHARED SERVICES - UNIVERSITY TO SSOM Used to record costs allocated to the Stritch School of Medicine from the University for services provided.  FINANCE USE ONLY.
7206 SHARED SERVICES - UNIVERSITY TO UNIVERSITY Used to record costs allocated between various areas on Lakeside Campuses for services provided.  FINANCE USE ONLY.
7207 SHARED SERVICES - HSD TO SON Used to record costs allocated between the HSD campus and SON. FINANCE USE ONLY.
7208 SHARED SERVICES - HSD TO SSOM Used to record costs allocated between the HSD campus and SSOM. FINANCE USE ONLY.
7209 SHARED SERVICES - LUMC TO SON Used to record costs allocated between the Lakeside campus and SON. FINANCE USE ONLY.
7210 SHARED SERVICES - LUC TO HSD Used to record costs allocated from the Lakeside campus and the HSD campus.  FINANCE USE ONLY.
7211 SHARED SERVICES - HSD TO LUMC Used to record costs allocated from the HSD Campus to the Health System. FINANCE USE ONLY.
7212 SHARED SERVICES - LUMC TO SSOM Used to record costs allocated from Health System to the Stritch School of Medicine. FINANCE USE ONLY.
7213 SHARED SERVICES - HS CTRS TO SSOM Used to record costs allocated between the Health Sciences Centers and SSOM. FINANCE USE ONLY
7214 SHARED SERVICES - HS CTRS TO SON Used to record costs allocated between the Health Sciences Centers and SON. FINANCE USE ONLY
NON-OPERATING ACCOUNTS
Gifts
4816 GIFTS - NON OPERATING Gift-in-kinds received by the University (greater than $100,000) for unrestricted use in daily operations, and large unrestricted gifts generally designated for capital projects, for which the University has made no commitment of resources or services. FINANCE USE ONLY.
8010 GIFTS - TEMPORARILY RESTRICTED Gifts received by the University that have donor-imposed restrictions expiring with the passage of time, the occurrence of an event, or the fulfillment of certain conditions. FINANCE AND ADVANCEMENT USE ONLY.
8011 PLEDGE REVENUE Gifts pledged to the University that have donor-imposed restrictions expiring with the passage of time, the occurrence of an event, or the fulfillment of certain conditions. Used to set up pledges and record present value adjustments. FINANCE USE ONLY.
8014 PLEDGE PAYMENTS – TEMP Used for pledge payments received towards a temporarily restricted pledge that is in the GL. FINANCE AND ADVANCEMENT USE ONLY.
8210 GIFTS - PERMANENTLY RESTRICTED Gifts received by the University that have donor-imposed restrictions requiring the assets to be retained permanently and invested. FINANCE AND ADVANCEMENT USE ONLY.
8211 PLEDGE REVENUE Gifts pledged to the University that have donor-imposed restrictions requiring the assets to be retained permanently and invested. Used to set up pledges and record present value adjustments. FINANCE USE ONLY.
8214 PLEDGE PAYMENTS – PERM Used for pledge payments received towards a permanently restricted pledge that is in the GL. FINANCE AND ADVANCEMENT USE ONLY.
Investment Income
4802 INVESTMENT INCOME - NON-OPERATING Interest and dividends generated while investing the University's temporarily and unrestricted long-term assets. FINANCE USE ONLY.
4803 REALIZED GAINS - NON-OPERATING Capital gains generated while investing the University's temporarily and unrestricted long-term assets. FINANCE USE ONLY.
4804 UNREALIZED GAINS/LOSSES - NON-OPERATING Unrealized appreciation generated while investing the University's temporarily and unrestricted long-term assets. FINANCE USE ONLY.
4806 OFFSET FOR DESIGNATED INVESTMENT RETURN Offset for the portion of the investment return that has been designated as spendable by University management. FINANCE USE ONLY.
4820 FEDERAL INCOME TAX Federal income tax expense. FINANCE use only.
4821 STATE/LOCAL INCOME TAX State income tax expense. FINANCE use only.
8020 INVESTMENT INCOME - TEMPORARILY RESTRICTED Interest and dividends generated while investing the University's permanently long-term and term-endowment assets. FINANCE USE ONLY.
8030 REALIZED GAINS - TEMPORARILY Capital gains generated while investing the University's permanently restricted and term-endowment assets. FINANCE USE ONLY.
8040 UNREALIZED GAINS/LOSSES - TEMP Unrealized appreciation generated while investing the University's permanently restricted and term-endowment assets. FINANCE USE ONLY.
8045 TRUST DISTRIBUTIONS - TEMP Distributions received from interest held in perpetual trusts. FINANCE USE ONLY.
8050 INVESTMENT MGMT FEES- TEMP Management fees incurred while investing the University's permanently restricted and term-endowment assets. FINANCE USE ONLY.
8220 INVESTMENT INCOME - PERMANENTLY Interest and dividends generated while investing the University's permanently restricted long-term assets, which requires the investment income to be permanently restricted. Used for split-interest agreements. FINANCE USE ONLY.
8230 REALIZED GAINS - PERMAN Capital gains generated while investing the University's permanently restricted long-term assets, which requires the investment income to be permanently restricted. Used for split-interest agreements. FINANCE USE ONLY.
8240 UNREALIZED GAINS/LOSSES - PERM Unrealized appreciation generated while investing the University's permanently restricted long-term assets, which requires the investment income to be permanently restricted. Used for split-interest agreements. FINANCE USE ONLY.
8250 INVESTMENT MNGT FEES- PERM Management fees incurred while investing the University's permanently restricted long-term assets, which requires the investment income to be permanently restricted. Used for split-interest agreements. FINANCE USE ONLY.
Other Income (Expense) Non-Operating
4810 OTHER - NON OPERATING REVENUE Non-operating revenue transactions such as TIF funds, or other larger non-recurring revenue items. FINANCE USE ONLY.
4811 GAIN ON SALE OF PROPERTY Non-operating revenue generated from the sale of the University's capital assets. FINANCE USE ONLY.
4815 CHANGES IN POST RETIREMENT BENEFITS Retirement plan market gain/loss as determined by actuarial reports. FINANCE USE ONLY.
4817 DISCONTINUED OPERATIONS Activity generated from a component of an entity that either has been disposed of or is classified as held for sale. Includes the component's results of operations, expenditures to sell/dispose the component, and any gain/loss recognized on the sale/disposal. FINANCE USE ONLY.
4823 OTHER - NON-OPERATING EXCHANGE RATE GAIN/LOSS Gain/loss transactions related to JFRC balance sheet accounts, and the exchange rate g/l on foreign currency bank accounts. FINANCE USE ONLY.
4824 OTHER - NON-OPERATING EXPENSE Non-operating expense transactions, non-recurring  items such as Athletics one time fees, financing transaction write offs. FINANCE USE ONLY.
4825 OTHER - NON OPERATING GRANT REVENUE Non-operating revenue related to grant AUs which typically consists of revenue related to large items that are capitalized (capital project/large pieces of equipment) or items where the expense was recognized in a prior year. FINANCE USE ONLY.
8052 LOAN INTEREST INCOME - TEMP Interest earned from student loans required to be re-invested into the loan fund.
8251 GAIN/(LOSS) ON PERPETUAL THBO Used to record fair market value adjustments on interests held in perpetual trusts. FINANCE USE ONLY.
8051 CHANGE IN ANNUITY VALUE Used to record actuarial gains or losses on split-interest agreements for which distributions are not donor-imposed to be invested in perpetuity. FINANCE USE ONLY.
8251 CHANGE IN ANNUITY VALUE - PR Used to record actuarial gains or losses on split-interest agreements for which distributions are donor-imposted to be invested in perpetuity. FINANCE USE ONLY.
4173 NET ASSET REL NON-OPER GIFT Non-operating unrestricted funds that have been spent and are available to be used to support University operations. FINANCE USE ONLY.
8170 NET ASSETS RELEASED - TEMP Temporarily restricted funds that have met the restrictions of the donor and are available to be used to support University operations. FINANCE USE ONLY.