CMP 430-27: Other Capital

To list and define other capital object and sub-object expenditure codes

Advantage accounting system

A copy of Internal Revenue Service (IRS) Form 1099 is sent to all providers of building improvements/remodeling, new construction, and planning/design/management costs annually when expenditures total $600 or more, except providers that are colleges or universities, corporations, or university departments. The sub-object codes provide information used by the university to generate IRS Form 1099.

Additionally, payments coded to sub-objects 15, 25, 35, 45, 55, and 65 are subject to a construction insurance premium. The premium is assessed monthly by an automated journal entry and remitted to the Arizona Department of Administration, Risk Management Section.

NOTE:  These codes are used primarily by the Facilities Services Dept. The code most often used by other departments is 7822 30, Bldg fixtures, drapes, carpet, etc.

Other Capital Codes, Code Numbers, and Definitions
Sub-object Code Name	Code Number		Definition
	Object	Sub- object
Land Acquisitions	7810	10	All purchases of Land
New Construction	7821   7821	10   15	Cost incurred in the construction of new buildings. New construction costs subject to insurance premium.
Construction-Building Renovation	7822	10	Improvements made to existing university owned buildings that increase their value and/or usability.
	7822	15	Construction-Building Renovation insurance premium
	7822	20	Asbestos removal - Bldg.
	7822	25	Asbestos removal - Bldg. insurance premium
	7822	30	Building fixtures, drapes, carpet
	7822	35	Building fixtures, drapes, carpet - insurance premium
Construction - other improvements	7823	10	Improvements made to university owned land that increases it's value or usability
	7823	15	Improvements other - insurance premium
	7823	20	Paving
	7823	25	Paving - insurance premium
	7823	30	Parking
	7823	35	Parking - insurance premium
	7823	40	Utilities
	7823	45	Utilities - insurance premium
	7823	50	Asbestos removal - Infrastructure
	7823	55	Asbestos removal - Infrastructure - Insurance Premium
Construction - Professional Fees	7825	10	Architects
	7825	15	Architects - insurance premium
	7825	20	Engineers
	7825	25	Engineers - insurance premium
	7825	30	Construction Managers
	7825	35	Construction Managers - insurance premium
	7825	40	Other consultants
	7825	45	Other consultants - insurance premium
	7825	50	NAU A/ E Fees
	7825	60	Asbestos consultants
	7825	65	Asbestos consultants - insurance premium
Telecom Equipment	7828	10	Telecom Equip. NAU built-in
		20	Telecom Equip. other built-in
Other Construction costs	7829	10	Surveys
	7829	20	Tests
	7829	30	Move-in costs
	7829	40	Public Art
	7829	50	Printing
	7829	60	Advertisement
	7829	70	Administrative fees
	7829	80-89	Construction travel
	7829	90	Other

Other Capital

Land and building costs, including the costs of acquisitions, construction, improvements, and planning/design.

For additional assistance with Other Capital  accounting concerns and coding, please contact John Rabe in the Comptroller's Office.