UCD Accounting Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z List All Terms

Term Definition

Rate Group A standing committee, titled Professional Staff Rate and Service Activity Group, that reviews and recommends approval or disapproval of specified recharge activity rate proposals to the Assistant Vice Chancellor, Budget Resource Management. The committee membership includes representatives from accounting and financial services and various campus academic and administrative units.

Reasonable Costs Costs that are reasonable under the circumstances of a particular move. Specifically, a move from the old to the new residence is made via a conventional mode of transportation using the shortest and most direct route available and in the shortest period of time normally required to travel such a distance.

Rebudget The act of amending the budget by moving funds from one category or line item to another.

Receipts Cash received.

Recharge

The assessment and collection by one university department of a charge to recover the direct costs of providing goods or services to another university department.

A type of payment made via a UC expenditure account with financial object code 39xx and budget object SUB9. See Revenue and Income for additional payment information.

Recharge Activity An activity that provides a specific, ongoing and repetitive good or service to a number of campus units or projects and recovers the cost of providing the good or service from the unit served on a fee basis.

Recharge Rate For a recharge activity, the unit price for a good or service, based on an approved, established, standard pricing method.

Refund To return money in restitution, repayment, or balancing of accounts.

Reimbursement A repayment, commonly for out-of-pocket expenses incurred by an employee, such as for travel. Also refers to payment by agencies to the University for costs incurred under contracts.

Relocation Allowance These payments are intended to offset higher living costs in a new location; they are not intended to reimburse or offset the actual or presumed costs of moving from one location to another.
The total value of such payments may not exceed 25% of an appointee's annualized base salary. Payment is generally made monthly over a four-year period.
Eligibility is limited to individuals who, at the time of recruitment, are not employed by The University of California and who reside outside the State of California.

Removal Expense Moving expenses incurred, usually by an academic appointee, in accepting employment at the University.

Report (Financial) A formal accounting to a granting agency, donor or higher authority of how funds were spent.

Reserve for Equipment In support of a recharge activity, the type of reserve used to accumulate funds, contributed to the fund via a depreciation schedule, for purposes of purchasing replacement equipment (for equipment included in the official depreciation schedule). DaFIS OP Fund numbers are in the 76xxx range.

Reserve for Improvement (RFI) In support of a recharge activity, accumulation of contributions for approved purposes that exceed the purposes of the Reserve for Equipment (Reserve for Renewal and Replacement). DaFIS OP Fund numbers are in the 75xxx range. This is an unallowable cost for federal clients.

Reserve for Renewal and Replacement See Reserve for Equipment.

Restricted Funds Funds, the use of which must be made in accordance with restrictions, directions, or instructions placed on them by donors or outside agencies.

Revenue Inflow of funds from sales, services, fees, gifts, or other sources. Two types of revenue are recorded in DaFIS: recharge and income.

Review Plan In GL review, a department's strategy for ensuring the department's accounts are reviewed. It is created and maintained by the Plan Manager, who assigns accounts, reviewers, and system features.

Reviewer See General Ledger Reviewer.

Term	Definition
Rate Group	A standing committee, titled Professional Staff Rate and Service Activity Group, that reviews and recommends approval or disapproval of specified recharge activity rate proposals to the Assistant Vice Chancellor, Budget Resource Management. The committee membership includes representatives from accounting and financial services and various campus academic and administrative units.
Reasonable Costs	Costs that are reasonable under the circumstances of a particular move. Specifically, a move from the old to the new residence is made via a conventional mode of transportation using the shortest and most direct route available and in the shortest period of time normally required to travel such a distance.
Rebudget	The act of amending the budget by moving funds from one category or line item to another.
Receipts	Cash received.
Recharge	The assessment and collection by one university department of a charge to recover the direct costs of providing goods or services to another university department. A type of payment made via a UC expenditure account with financial object code 39xx and budget object SUB9. See Revenue and Income for additional payment information.
Recharge Activity	An activity that provides a specific, ongoing and repetitive good or service to a number of campus units or projects and recovers the cost of providing the good or service from the unit served on a fee basis.
Recharge Rate	For a recharge activity, the unit price for a good or service, based on an approved, established, standard pricing method.
Refund	To return money in restitution, repayment, or balancing of accounts.
Reimbursement	A repayment, commonly for out-of-pocket expenses incurred by an employee, such as for travel. Also refers to payment by agencies to the University for costs incurred under contracts.
Relocation Allowance	These payments are intended to offset higher living costs in a new location; they are not intended to reimburse or offset the actual or presumed costs of moving from one location to another. The total value of such payments may not exceed 25% of an appointee's annualized base salary. Payment is generally made monthly over a four-year period. Eligibility is limited to individuals who, at the time of recruitment, are not employed by The University of California and who reside outside the State of California.
Removal Expense	Moving expenses incurred, usually by an academic appointee, in accepting employment at the University.
Report (Financial)	A formal accounting to a granting agency, donor or higher authority of how funds were spent.
Reserve for Equipment	In support of a recharge activity, the type of reserve used to accumulate funds, contributed to the fund via a depreciation schedule, for purposes of purchasing replacement equipment (for equipment included in the official depreciation schedule). DaFIS OP Fund numbers are in the 76xxx range.
Reserve for Improvement (RFI)	In support of a recharge activity, accumulation of contributions for approved purposes that exceed the purposes of the Reserve for Equipment (Reserve for Renewal and Replacement). DaFIS OP Fund numbers are in the 75xxx range. This is an unallowable cost for federal clients.
Reserve for Renewal and Replacement	See Reserve for Equipment.
Restricted Funds	Funds, the use of which must be made in accordance with restrictions, directions, or instructions placed on them by donors or outside agencies.
Revenue	Inflow of funds from sales, services, fees, gifts, or other sources. Two types of revenue are recorded in DaFIS: recharge and income.
Review Plan	In GL review, a department's strategy for ensuring the department's accounts are reviewed. It is created and maintained by the Plan Manager, who assigns accounts, reviewers, and system features.
Reviewer	See General Ledger Reviewer.

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