Rental/Lease Services
Expenditures in this sub account group represent cost for rentals of general and specialized equipment including aircraft, vehicles, boats and ships, office machines and rental of building space.
Expenditures for renting or leasing office equipment such as copiers, personal computers, typewriters, etc. on a long-term (more than two-year) basis.
Expenditures for renting or chartering of automobiles, aircraft or boats (ships) on a short-term (less than two-year) basis.
Expenditures for renting or leasing of computing and peripheral equipment on a long-term (more than two-year) basis.
Expenditures for renting or leasing space for offices, classrooms or other facilities on a longterm (more than two-year) basis. Space rented/leased long-term should be assigned a building number through each MAU’s Facilities Services offices.
Expenditures for renting or leasing equipment not included in the 311X series of account codes on a long-term (more than two years) basis.
Expenditures for renting or leasing equipment other than auto, aircraft and boat rentals (account code 3112) on a short-term (hourly, daily, weekly or monthly for a consecutive period of less than two years) basis.
Expenditures for renting a space for offices, classrooms or other facilities on a short-term (less than two years) basis.
The cost of providing institution furnished automobiles or other goods and services for personal use. Charges are made by journal voucher according to A-11 “Journal Vouchers” in Section 100 in the University of appAccounting and Administrative Manual. Costs associated with the housing furnished for personal use need not be charged to this account if they are isolated in a discrete org.
Lease expense under GASB for the university as lessee. To be used only by Fund Accounting
for GASB entries.