Business Office for Student Organizations Krach Leadership Center - Room 365

Income Codes

Income Codes for Use on Cool

Income Code

 Account Name

Description 

205

Awards - Prize Money

Competitive team winnings

213

Change Fund (Return)            

Change fund monies deposited back to account

212

Check Advance (Return)               

Check advance funds not spent deposited/receipt returned

216

Commission Income            

Skip-a-meals, store commission sales, fund raising (ex. Yankee Candle sales profit)

224

Donation - General                

Donation

225

Donation - Scholarship           

Donation specific for scholaship use

230

Equipment Sales        

Selling of student organization equipment (equipment tracking)

272

Event Income 

Registration, entry fees, ticket sales, banquet sales, trip/travel - income collected on behalf of event

233

Food and Drink Sales          

Taxable item - food sales

234

Food Sales - Uncooked     

Non-taxable food sales

246

Late or Penalty Fee             

Organization receiving a fee from other org (Greek Council fees) or from Nationals

245

Local Dues           

Local Dues for org collected

248

Merchandise Sales - Profit                

Clothing, merchandise, jewelry, books, paddle, etc.

202

Merchandise Sales - No Profit       

Merchandise sales for cost only - no profit made

251

National /Regional Dues        

Funds received from members to pay National or Regions dues

263

Refunds             

National rebate, insurance recovery damage deposits, e-ecommerce refunds

266

Rental Income                 

Income received from rental services

203

Sponsorship          

Sponsorships/Advertising/Career Fairs - sponsor receives something in return

273

Store/Lounge Income       

Student organization stores income

281

Work Project Income             

Income made from working events such as Levy, Landmark, etc.