Issue Date: 2001-09-01
Revised Date: 2017-06-20

Legal Cites

Object Type

Non-Cash — Other Revenue

Origin Date

Description

To record discounts and allowances for other sales and service receipts. This code will post as a contra account on the balance sheet.

Due Date

Collecting Agencies

Deposit Funds

Note

Expanded to apply to agencies other than higher education institutions (6/20/2017).

USAS Values

Appropriation Year 19
USAS Title OTHER SALES & SVCS-DISCOUNTS&ALLOW
Receipt Category 00 – Not applicable
Receipt Type 00 – Not applicable
Object Group 18 – Financial Reporting (Non Revenues)
USAS Status A
Rev/Exp Category NA – NOT APPLICABLE