| Issue Date: | |
|---|---|
| Revised Date: | 1997-09-01 |
Object Type
Cash — Investments
Reference
Description
To record the investment of fund cash in miscellaneous investments with a term of less than one year and the purchase of shares in a short-term investment fund (STIF). This code applies to the principal value purchased which is always recorded at par value. The difference between par value and principal cost is recorded as discount or premium.
Expenditure code 7713 includes, but is NOT limited to:
- Miscellaneous Investments - Short-Term
- Special District Bonds (purchase)
Note
USAS Values
| Appropriation Year | 24 |
|---|---|
| USAS Title | PURCHASE OF MISC SHORT-TERM & STIF |
| Object Group | 07 – Investment Purchases and Amortization of Premium/Discount |
| USAS Status | A |
| Rev/Exp Category | 20 – INVESTMENTS |