Direct questions to AFR-Financial-Rptg@uiowa.edu
# |
What has changed? |
IACT |
Details of change |
||
---|---|---|---|---|---|
1 |
Separated undergraduate assistantship salaries & fringe costs for RA's versus TA's. |
5047 - Undergrad Asstships RA |
This IACT was previously used for both RA and TA undergraduate assistantships. It is now to be used only for RA's (rank code FR18) . |
||
5147 - Frng Bfts Undergrad Asst RA |
This IACT was previously used for both RA and TA fringe benefits. It is now to be used only for fringe benefits associated with 5047 - Undergrad Asstships RA. |
||||
5037 - Undergrad Asstships TA |
This is a new IACT to be used for only TA undergraduate assistantships. It is to be used only for TA's (rank code FT18) . |
||||
5137 - Frng Bfts Undergrad Asst TA |
This is a new IACT to be used only for fringe benefits associated with 5037 - Undergrad Asstships TA. |
||||
2 |
Changed job codes which can be mapped to IACT 5055. |
5055 - FellowAssoc |
Only for use with job codes FF16 & FF20. |
||
3 |
Removed IACT 5060. |
5060 - Fellow Phys |
No longer used. |
||
4 |
Changed job codes which can be mapped to IACTs 5204 & 5304 & placed restrictions on charging to funds 500/510. |
5204 - GME Res, Fellow Assoc&Phys Sal |
Job codes PZ25, PZ26, PZ29, PZ31-32, PZ35, PZ41, PZ42, PZ51-58, and PZ81-88. Also, this account is no longer allowed on funds 500/510. |
||
5304 - Fringe Benefits GME Res, Fellow Assoc&Phys |
All benefits associated with 5204 - GME Res, Fellow Assoc&Phys Sal. Also, this account is no longer allowed on funds 500/510. |
||||
5 |
Added 2 new IACTs for Fellow Physicians salary & fringe |
5205 - Fellow Physicians Salaries |
This is a new IACT to be used with job codes PZ19, PZ61-PZ68, PZ71-PZ78, PZ91-PZ92. Graduate Medical Education Fellow Physicians, Accredited & Non-accredited. |
||
5305 - Fringe Benefits Fellow Physicians |
This is a new IACT to be used only for fringe benefits associated with 5205 - Fellow Physicians Salaries. |
||||
6 |
Separated graduate RA/TA tution costs versus mandatory fees into two different IACT's. |
6350 - Grad RA/TA Tuition Costs |
Previously IACT 6350 included the cost of Grad RA/TA Tution and Fees. The new definition requires that only the cost of Grad RA/TA tuition only be charged to this IACT: |
||
6360 - Grad RA/TA Mandatory Fees Cost |
This is a new IACT and requires that only the cost of Grad RA/TA mandatory fees only be charged to this IACT: |
||||
7 |
Expanded the IACT descriptions |
6125 - Food For Instruction and Rsrch |
We've expanded the definition to be more descriptive of its intended usage: |
||
6135 - Foodstuffs Not For Resale |
We've expanded the definition to be more descriptive of its intended usage: |
||||
• Residence Services Not allowed on sponsored projects (funds 500/510). |
|||||
6137 - Food and Beverages |
We've expanded the definition to be more descriptive of its intended usage: |
||||
8 |
Clarified criteria for distinguishing taxable, nontaxable, and interdepartmental sales. |
All IACT's within the range of 4200-4999 |
|