Section IV provides detailed information regarding the logic and organization of cost objects. 95xxxxx Retirement Plan Pool: Note: This category does not include departmental research (research not separately budgeted or financed); these expenditures should be included under Instruction and Departmental Research (151xxxx). These are endowments in which a donor or other outside agency has stipulated that the fund's principal is to be maintained inviolate until the happening of a particular event or the passage of a stated period of time; after which all or part of the principal may be expended. 6x8xxxx - Student Aid: This includes those funds having as their primary purpose aid to students in the form of scholarships and fellowships. 63xxxxx - Temporarily Restricted Insurance Contract: Copyright 2022 Zethos, Inc. d.b.a. Funds established to record the capitalized investment in physical properties of the University. For example, InVerify gives customers an Income Key for verification purposes. Examples of these funds include gifts designated by the donor for scholarship and fellowship purposes; grants from foundations, industries, individuals, and governmental bodies for research projects; and income from the investment of endowed funds, which have been restricted by the donor as to its use. The third digit of these funds represents the primary purpose of the expenditure and relates the Education & General Expense funds (15xxxxx). Now, its largely possible to verify salaries and employment without keys and similar methods. The last four digits of the Plant Funds are numbers assigned to individual WBS elements. This includes awards made by states, counties, municipalities, public universities, and agencies of other countries. Sorry for the inconvenience. A summary and explanation of the second and third digit designations follows. This includes those funds belonging to agencies or activities other than those listed above. 156xxxx Operation and Maintenance of Physical Plant: This includes those funds established by foundations, business enterprises, individuals or other non-governmental organizations with provision that should certain specified conditions occur the fund would be refundable to the donor. 441xxxx School of Medicine - Department Research: Can I use my existing Salary Account if I have changed employers . 58xxxxx - Loan Funds Designated by the Board of Trustees: An auxiliary enterprise is a self-supporting activity primarily serving students, faculty, and staff by providing goods and services for a fee or sales price related to the cost of goods and services. 6x2xxxx - Organized Activities/Training Programs: This includes those funds established by action of the governing board of Duke University. The key process can also be time-consuming and a headache for applicants. CURRENT RESTRICTED FUNDS (3xxxxxx or 3xxxxxxxx, 2xxxxxx & Axxxxxx WBS elements). The meaning of the third digit varies, depending on the type of plant fund: 71xxxxx and 72xxxxx - Funds for Construction, Renovation and/or Acquisition of Physical Properties: Request a demo to learn more about Truework, the best in class employment and income verification service. Neither Kotak Cards nor any of its affiliates nor their directors, officers and employees will be liable to or have any responsibility of any kind for any loss that you incur in the event of any deficiency in the services of BiIIDesk to whom the site belongs, failure or disruption of the site of BilIDesk, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials. Expenditures of this nature, which are incurred on behalf of the Auxiliary Enterprises, are deducted from this category by means of an expense credit or cost accounting distribution and reported under expenditures of these organizations. These are funds established by the Board of Trustees as endowments. 9. This includes those funds whose primary purpose is the support of the University's general administration. Non-industry sponsor, invoicing is required, and none of the above criteria apply.
This includes those funds established by either foundations, business enterprises, individuals or other non-governmental organizations without any provision that the funds be refundable to the donor. These cost centers represent expenditures for student aid, including tuition remissions other than those made under the University's tuition grant program (which are included in Fringe Benefits). 3x9- Other Sponsored Activities: No revenue or expense is ever recorded in this fund. This includes funds for temporary loans to students, which are managed by the Department rather than the Office of Student Loans. The third digit only has meaning in the Student Activities series, except as outlined below: 811xxxx: DSG Recognized Organizations812xxxx: Non-DSG Student Activities813xxxx: Graduate School and Other Organizations814xxxx: Student Union Organization817xxxx: Residential Living Units and Non-Residential Greek Organizations819xxxx: Student Operating Accounts855xxxx: Duke Clinical Research Institute Pharmacy. 11xxxxx through 140xxxx are used to record all Current Unrestricted Fund revenue received during the current fiscal year. The letter should have your complete name, company's name and account number and should state that you have joined this new corporate and want to map the company code of your new company with your account. Current Restricted Funds represent funds received by Duke University subject to outside agency restrictions that specify the manner in which the funds are to be used in current operations. These cost centers include all expenditures of the general executive and administrative offices serving the entire University. 62xxxx/63xxxx Insurance Contracts: A cost object can be a profit center, cost center, WBS element, fund or internal order. 36x- Duke Endowment: By clicking on the hyper-link, you will be leaving www.kotak.com and entering website operated by other parties. 687xxxx - Temporarily Restricted Gift Annuity Funds: 81xxxxx - Student Activities: The second digit in the Agency Funds sequence represents various types of agency funds, as outlined below: 80xxxxx - Duke University Management Company: In case you wish to speak to our phone banking officer for urgent resolution, Be it an enquiry, feedback or a simple suggestion, write to us & we'll get back to you, Gift card - Raise Dispute/Balance Inquiry, Personalize your Debit Card from over 70+ images, http://www.billdesk.com/pgmerc/kotakcard/. ENDOWMENT FUNDS (6xxxxxx Cost Centers). Examples consist of medical education functions and expenses related to Fellows. Once the agreement terminates, the remainder can be used at the departments discretion. These cost centers represent all expenditures of the University's Auxiliary Enterprises. These cost centers include the gross expenditures of programs and activities, which support the educational departments but are not full-fledged departments. 54xxxxx - Loan Funds not Refundable to Donor: 93xxxxx - Short Term Pooled Investments: The company code represents an independent accounting unit with a separate set of books. While the term salary key is basically the branding of The Work Number, an employment verification company operated by Equifax, other companies have similar functionality with different names. 75xxxxx - Deferred Maintenance, ADA and Duke Utility Company: Expenditures of this nature, which are incurred on behalf of the Auxiliary Enterprises, are deducted from this category by means of an expense credit or cost accounting distribution and reported under expenditures of these organizations. 140xxxx Auxiliary Enterprises Revenue: 15xxxxx - Educational and General Expense. Section C identifies the prefixes for internal orders. This includes those funds whose primary purpose is the support of various library activities. 119xxxx Other Revenue Sources: 6. This category includes compensation for deans (to the extent their work is academic-oriented), faculty members, secretaries, technicians, laboratory and other assistants; office expenses; laboratory and other instructional expenses; expenditures for capital equipment; other operating expenses; and research expenditures not separately budgeted or financed. Please check with your company HR, if there is an arrangement between the two, please get your Kotak account mapped to your payroll system.Also, we request you to visit the nearest branch along with a letter. In general, these funds operate as "mutual funds" in which the individual participating funds share prorata their equity contribution. HS: Hospital South Clinics Shops
710xxxx: Office of Information Technology - Electronic Equipment711xxxx: Office of Information Technology - Intra-Building Wiring Projects721xxxx: Medical Center Projects722xxxx: University Projects (excluding Medical Center)723xxxx: Infrastructure Projects, includes those funds established by special funding from interest earned on money invested in the Cash Pool. 117xxxx Investment Income: This includes those funds whose primary purpose is the support of components render service to students. Separate cost objects are established to record the activity of the various investment managers.92xxxxx - Intermediate Term Pooled Investments: The applicant gets an email from Truework, asking if they authorize the verification. 11xxxxx - Educational and General Revenue: 111xxxx Income from Students: We have made every effort to make sure provide relevant search results, use the content on this site at your own risk. 468xxxx Student Aid: A detailed listing of the company codes follows in section III. 752xxxx: Deferred Maintenance on University Buildings (excluding Medical Center and Dormitories), Roads, and Utilities753xxxx: Americans with Disability Act754xxxx: Duke Utility Company755xxxx: Renewal of Campus Utility Systems756xxxx: Medical Center Buildings759xxxx: Auxiliary Enterprises - Dormitories. The last four digits in the Health System structure are numbers assigned to individual cost objects, except for Health System WBS elements. Represents funds available for general operating purposes, which have been appropriated from the Current Unrestricted Fund and designated by the Board of Trustees as to the department or purpose for which the funds shall be used. This includes those funds belonging to the Private Diagnostic Clinics. This includes those programs and activities supporting the Educational Departments. 453xxxx Other Separately Budgeted Research: These profit centers include all revenue earned through investment of Current Unrestricted Funds. These profit centers include all tuition and fees charged to students for educational and general purposes, net of cancellations. Training activities can be defined as the cost of teaching students or employees the professional skills necessary to engage in research or in the techniques and practices pertinent to the delivery of specific services in a particular area of concern. 85xxxxx - Other Agencies The acts primary objective is to limit who can access a consumers personal info, and for what purposes.
100% Government Funds for Students, includes those funds established wholly by government money for loans to students of the University. 689xxxx - Perpetual Endowments Funded by Gift Annuity Funds: The gift annuity should be set up as a 687xxxx when the gift is only temporarily restricted. Detailed Capital Project Procedures are in place in order to properly manage and report on all major construction projects. This includes those funds designated for management of available cash through the pooling of funds in intermediate term investments. Issued by DUHS Corporate Finance, FP&A - Capital. Within a cost object, the type of transaction is identified using a six-digit G/L account. This includes those funds whose primary purpose is the support of miscellaneous programs not outlined above or multi-purpose funds not having a predominate purpose. Included are departmental startup funds for new faculty, as well as general department research expenses. Endowment Funds represent those funds whose principal cannot be spent.
6x7xxxx - General Administration/Operations: This includes those funds whose primary purpose is the support of components rendering services to students. These profit centers represent all revenue earned by programs and activities, which support the educational departments.
When the restrictive conditions have been met, and upon appropriate action of the Board of Trustees, such funds should be reclassified to the appropriate fund group depending upon the new use(s) to which the funds are to be applied. Financial reporting includes: An accounting (as documented on an invoice or financial report) of how funds were spent, i.e., either a summary or details of expenses; A restriction on how the funds are expended; It DOES NOT include a simple reconciliation of funds due from the sponsor versus payments received from the sponsor. This includes those funds whose primary purpose is the support teaching and supervision of house staff not covered by institutional sources. This includes those funds whose primary purpose is the support of instruction, departmental research and/or professorships. For example, Truework doesnt require any key during the verification process. 4. HN: Hospital North Shops Kotak Cards and its affiliates, subsidiaries, employees, officers, directors and agents, expressly disclaim any liability for any deficiency in the services offered by BilIDesk whose site you are about to access. module/sub-module. These profit centers include all revenue earned by the University's Auxiliary Enterprises. The third digit in the Endowment Funds sequence indicates the fund's primary purpose, as outlined below. As funds are closed, eventually all Current Restricted Funds will be nine-digits in length. The majority of the revenue comes from sources outside the University not from University departments. 6x9xxxx - Special Programs: This includes those funds belonging to student organizations or activities. These profit centers include all unrestricted gifts received during the current fiscal year. This includes those funds whose primary purpose is the support of and additions to Loans funds available for students of the University. 480xxxx Auxiliary Enterprises: HKE: Hospital Key Shop Training projects are those designed to produce skilled manpower in specific fields, disciplines or specialties. These are funds acquired by the University subject to an annuity contract in which the University has contracted to pay a stated sum to the beneficiary until the termination of the annuity agreement. (You can display your Org. Such remissions or exemptions should be recorded as expenditures under the category Student Aid, (168xxxx). POOLED INVESTMENTS FUNDS (9xxxxxx Cost Centers). The next level of identification indicates the departmental position within the company code structure. Once the agreement terminates, the remainder will be used to fund a perpetual endowment. Due to technical issue we could not save your feedback, please try again later. Examples of auxiliary revenue include charges for room, board, revenue earned from intercollegiate athletic programs, and revenue from Duke University Press operations.
