University-Wide Subclasses11110 Royalty Payments
Objective: Expense category for the University Form 990.
Description: Track all amounts for royalties, license fees and similar that allow the organization to use intellectual property such as patents and copyrights.
11200 Training Expenditures
Description: All fees and costs associated with taking a training class or program that support knowledge or skill development related to one's job are to be charged to this subclass. This includes classes or courses attended in a classroom, taken interactively via the internet, and self-paced training (computer-based).
11100 AP Donation Tracking
Objective: Track donations made by or on behalf of the University.
Description: All donations made to third-parties by or on behalf of the University should be assigned this subclass to enable AP tracking of such donations.