29xxxx: Fund Equity

Search G/L Accts:

I. GENERAL

G/L accounts in this series are used to record the fund equity of each cost object. Fund equity is the net of accumulated revenue and expenses from previous years. Entries to this series of G/L accounts are made only at year-end by the General Ledger system when the revenue and expenses of the current year are closed out into one of these G/L accounts. Departments should never use these G/L accounts.

II. G/L ACCOUNT DEFINITIONS

291100 Duke University (Valid For: Univ)
Represents the fund equity of all non-Hospital Current Unrestricted funds.
291600 Paid in Capital - Treasury (Valid For: Univ)
This G/L will be used to track corporate funds provided to sub-corps from Treasury. (Created 6/2015)
291700 Paid-In Capital: DU (Valid For: Univ)
291800 Paid In Capital: Duke Medical Strategies, Inc. (Valid For: DUHS)
To record company 0010 investment in in Duke Medical Strategies. Inc.
291900 Paid In Capital: GP (Valid For: Univ)
To record University investment in Gift Properties
292000 Fund Equity: Police Employee Retirement Plan (Valid For: Univ)
292100 Lendable/Expendable Principal (Valid For: Univ)
Represents the fund equity of the Pooled Investment Retirement funds.
292200 Non-Lendable/Non-Expendable Principal (Valid For: Univ)
Represents the portion of fund equity of Endowment funds, which is not a result of gains and losses on sales of investments.
292203 Non-Lendable/Non-Expendable Principal (Valid For: DUHS)
292300 Paid-In Capital: Duke Endowment (Valid For: Univ)
292400 Reserve for Gains/Losses on Investments (Valid For: DUHS, Univ)
Represents the portion of fund equity of Endowment funds, which is a result of gains and losses on sales of investments.
292403 Reserve for Gains/Losses on Investments (Valid For: DUHS)
292500 Paid In Capital DAMCO (Valid For: Univ)
To record investment in DAMCO.
292600 Fund Equity (Valid For: DUHS, Univ)
Represents the fund equity of all Current Restricted, Current Unrestricted-Allocated, Loan, Plant, and Agency funds.
292601 Reserve for Gains/Losses on Investments (Valid For: DUHS)
292603 Fund Equity (Profit Center Accounting) (Valid For: DUHS)
This G/L account is only for use with company code 0023 Equity Investments.
292604 Fund Equity - DCC - PCL (Valid For: DUHS Corporate Finance)
This G/L should be used to separately identify fund equity related to the new DCC Privacy/Cyber Liability (PCL) cell.
292605 Fund Equity - DCC - IL (Valid For: DUHS Corporate Finance)
This G/L should be used to separately identify fund equity related to the new DCC International Liability (IL) cell.
292606 Fund Equity - DCC - Core (Valid For: DUHS Corporate Finance)
This G/L should be used to separately identify fund equity related to the DCC core general account.
292610 Paid-In Capital (Valid For: DUHS)
New equity account for company code 0027.
292611 Durham Casualty Corp: Additional Paid-In Capital (Valid For: DUHS)
292800 Net Investment in Plant (Valid For: DUHS, Univ)
Represents the fund equity of the Net Investment in Plant fund which records all capitalized Plant and Equipment at Duke University.
292801 Net Investment in Plant (Valid For: DUHS, Univ)
Represents federal income tax withheld on tuition grant payments.
292916 Kiosk - Wilson (Valid For: Univ)