Account Types
30-Accounts
Business Owner
Texas Gift Office
Business Rule
30-Accounts with a Gift agreement and purpose, or 30-Accounts that are funded by transfers from other Gift accounts, should be coded with GFT.
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
GFT
Report Code Definition Type
Report Code
Report Code Group
Field 1
Sort Key
10501
Updater
Financial Accounting & Reporting (FAR)