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- 9xxxxx: Cost Allocations & Salary and Fringe Benefit Transfers
9xxxxx: Cost Allocations & Salary and Fringe Benefit Transfers
This series of G/L accounts is used to record the apportionment of cost between certain components of the University, which have incurred costs and other components, which have indirectly received benefits from these expenditures. Costs are apportioned so that the operating statements for educational and general funds, the hospitals, and auxiliary enterprises will reflect their total direct and indirect costs of operations.
II. DEFINITIONS OF TERMS
For this procedure, definitions are as follows:
To assign an appropriate share of incurred cost to benefiting departments.
The process by which costs expended by certain departments for the benefit of other departments are transferred to those other departments.
C. INDIRECT COST:
A cost which is not directly identified to departments benefiting from the cost.
III. DEFINITION OF G/L ACCOUNTS
A. COST ALLOCATIONS & ANALYSIS DISTRIBUTIONS
Note: Only the Cost Allocations & Analysis department should initiate entries made to these G/L accounts. They should generally be recorded only in the Current Unrestricted funds. Contact the Cost Allocations & Analysis department with any questions on amounts charged.
To capture allocated expenses related to DHTS Network Services.
To post manula adjustments for DHTS Network Services allocation.
Assessment GL - will be used by SAP to post DHTS Network Services allocation
Represents the auxiliary enterprise's or service component's percentage share of the cost of maintaining the facility they occupy.
Account for the rent allocation assessments of 0010 processed by the Cost Allocation Department.
Account for the rent allocation assessments of 0030 processed by the Cost Allocation Department.
Represents the distribution of the indirect costs of services provided by Duke University which are not related to space occupancy, such as accounting, institutional advancement, personnel, material support, and other general administrative services.
Account for the allocation assessments of 0020 processed by the Cost Allocation Department.
Account for the allocation assessments of 0030 processed by the Cost Allocation Department.
This secondary cost element is used to record cc0010 effort allocations to G & A.
B. COST ALLOCATIONS - INTER/INTRA DEPARTMENTAL
Note: These G/L accounts are NOT administered by the Cost Allocations & Analysis Department
This GL account is for the fees charged to process off-cycle checks by Corporate Payroll.
Used to record fiber revenue and expenses in University Facilities
Used to record network services revenue and expenses in University facilities.
Used to record triangle fiber revenue and expenses in University facilities.
C. SALARY AND FRINGE BENEFIT TRANSFERS
Note: These G/L accounts are NOT administered by the Cost Allocation & Analysis Department. Additionally, these G/L accounts should NOT be used to bypass the effort reporting system.
D. OTHER COST ALLOCATIONS
Note: These G/L accounts are NOT administered by the Cost Allocation & Analysis Department.