Account Types
30-Accounts
Business Owner
Texas Gift Office
Business Rule
GFT report codes are determined based on the gift agreement, Budget Group title, and gift purpose; or by the GFT Report Code of the funding Account. GFT Report Codes should only be used on 30-Accounts.
Definition
A gift is any item of value given to the University by a donor who expects nothing of value in return, other than recognition. Gifts are managed in 30-Accounts with the GFT report code.
Fund Type Category
Gift Funds
Report Code Definition Type
Report Code Group
Report Code Group
Field 1
Sort Key
10500
Updater
Financial Accounting & Reporting (FAR)