Miscellaneous Expenditures
Major account classification for expenditures not included in other major account groupings as specified below. Entries for budget, payroll or accounting purposes may not be made to this account code.
For budget entry purposes only by chief financial officers of MAUs and Statewide Budget.
Budget reserved for additional unidentified capital project costs.
For budget entry purposes only - Used by grant and contract offices to record and track assumptions for 0 to 90 days.
Expenditures for entertainment and related expenses. Limited to use by certain university administrators with approved representational allowances. Accounts for the cost of all alcohol served at university functions. Does not include meals served that are included in the conferences, which are included in the fee.
Expenditures for prizes and/or awards given to non-employees. Examples include winning a contest or competition. If the winner is an employee, use account code 1761.
Bad debts incurred from non-collection of receivables or over expenditure of restricted funds. This account code may also be used to record a provision for potential bad debts based on experience or other analysis. See A-05 in the University of Alaska Accounting and Administrative Manual, Section 100 for guidance on when to use.
Expenditures for subsequent reissues of stale dated checks written off by the university. This account code to be used by Statewide only.
Interest and fees charged on overdue invoices including contractors鈥 invoices.
Interest paid on any debt/obligations other than interest on overdue invoices. Includes interest on loans, lease purchases, bonds, and utility assessments etc. Not used for recording payments on lease purchases and/or long term debt in the current funds - see A-10 鈥淟eases鈥 in the University of Alaska Accounting and Administrative Manual, Section 100.
Principal payments on long-term debt (fund 600000 only).
Pension and OPEB expense recorded in accordance with GASB68 and GASB75, respectively. To be used by Statewide only.
Net increase/decrease to university debt due to lease purchases, bonds and notes payable. To be used only with Investment in Plant fund group (8xxxxx), and only by Statewide Finance.
Disbursements made to University of Alaska Foundation.
Disbursements made to University of Alaska agency fund group. Offsetting entry is credited (CR) to account code 9992. Example: net proceeds of raffles distributed from UAF to student clubs such as ASUA.
Disbursements made from University of Alaska agency funds to University of Alaska departments. Offsetting entry (CR) to account code 9455. Example: a booster club disbursement to the athletics department.