G/L accounts in this series are used to record receivables for
advances by one fund to another fund of the University, with
the expressed intent that the advances will be returned. 22xxxx,
Due to Other Funds describes the G/L accounts to be credited
in the fund borrowing the advance.
These G/L accounts should not be used for amounts owed
by a component of the University for services received from another
component. In such instances, the transaction should record an
expense to the component receiving benefit from the services and
a credit for services rendered to the component performing the
service.
Transfers and appropriations between funds, without the intent
of returning the funds, should not be recorded using this
series of G/L accounts (see 8xxxxx, Appropriations
and Transfers).
