Other Revenue
This portion of the book is focused on other revenue.
This is a revenue category that encompasses revenue that does not fit readily in any of the defined revenue category such as sales and services or contracts and grants. This category is for miscellaneous revenue such as the matching fund or collections on bad accounts. By accurately accounting for other revenue, Indiana University can track these specific resources and ensure compliance with accounting standards. It is important to understand this category of revenue on the income statement and confirm revenue fits into this classification prior to using an object code tied to the other revenue classification.
POLICIES
Review the below policies related to other revenue:
- FIN-ACC-350: Accrual Accounting
- FIN-ACC-490: Non-Student (External) Accounts Receivable, Annual Write-off Report
- FIN-ACC-500: Write-Off Accounts
- FIN-TRE-120: Processing Revenue
- FIN-TRE-121: Establishing and Modifying Revenue-Producing Activities (RPA)
STANDARDS
There are no standards related to this portion of the book at this time. Please check back in the future!
CHECKLISTS
There are no checklists related to this portion of the book at this time. Please check back in the future!
TRAINING MATERIALS
Review the below training materials related to other revenue:
OTHER RELATED MATERIALS
Review the below other material related to other revenue:
IU Financial SYSTEM REPORTS AND PROCEDURES
Review the below IU financial system reports and procedures related to other revenue:
- Financial Statements Report Instructions
- Financial Statements Report Location
- Multi-Year Financial Statements Report Instructions
- Multi-Year Financial Statements Report Location