I. General
Fringe benefit rates are determined annually for monthly, biweekly, house staff, and student employees. These rates are applied to salary charges on each payroll and charged to G/L account 610000 in the cost object receiving the salary charges. The offsetting credit goes to G/L account 199900 in this series.
Costs of the various fringe benefit programs are charged to G/L accounts 198000-199800 in this series. These charges should equal the credit in G/L account 199900 resulting from the fringe benefit charge described above. If not, then the fringe benefit rates will be reviewed for possible revision.