Function Codes-For Budget Use Only
Function is used to classify the University’s expenditures in multiple ways. The classifications are necessary to report the activity to the Federal government, sponsors and for financial statement preparation. Function is also used to calculate the University’s Facilities & Administrative cost rates (formerly indirect cost rates) per OMB Circular A-21. It is the key to reporting the University’s expenditures to the Federal government in a consistent and comparable way.
Each function group has a parent function. These parent functions are NOT to be used
as function codes for expenditure transactions. The function codes that are under
each parent are the codes that are to be used when coding transactions.
These parent functions are:
- 100 – Instruction
- 150 – Research
- 200 – Public Service
- 250 – Academic Support
- 300 – Student Services
- 350 – Operations and Maintenance
- 400 – Institutional Support
- 450 – Scholarships & Fellowships
- 500 – Auxiliary Enterprises
- 550 – Expended for Plant Facilities