Direct Payment - Payment Types
These are the values currently selectable and that are displayed in Section 4: Payment Type of the "Direct Payment" PDF
by clayshannon
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<h1>Direct Payment - Section 4: Payment Type</h1>
<ul>
<h2>PAYMENT OR REIMBURSEMENT TO AN INDIVIDUAL</h2>
<li><h3>Damage Payment</h3></li>
<ul>
<li><strong>DESCRIPTION:</strong> A damage payment constitutes settlement of a claim by an employee based upon University negligence, and is not compensation for services rendered. Preparer keeps original Damage Payment Report & Damage Payment Release. Attach a copy of a Damage Payment Report & Damage Payment Release.</li>
<li><strong>Account Code(s): </strong> </li>
<ul>
<li>009435</li>
<li>(PR)</li>
</ul>
<li><strong>1099 Tax Reportable:</strong> Y</li>
</ul>
<li><h3>Fellowship / Scholarship</h3></li>
<ul>
<li><strong>DESCRIPTION:</strong> Monies awarded in support of higher education.
<span style="color: red">Attach Student Fellowship & Scholarship Worksheet:</span> <a href="financial.ucsc.edu/Financial_Affairs_Forms/Fellowship_Scholarship_Worksheet.pdf" target="_blank">financial.ucsc.edu/Financial_Affairs_Forms/Fellowship_Scholarship_Worksheet.pdf</a>
</li>
<li><strong>Account Code(s): </strong> </li>
<ul>
<li>001080</li>
<li>001081</li>
<li>001040</li>
<li>001041</li>
<li>(001380 Foreign)</li>
</ul>
<li><strong>1099 Tax Reportable:</strong>[ Blank ]</li>
</ul>
<li><h3>Funded Activity</h3></li>
<ul>
<li><strong>DESCRIPTION:</strong> Payment made to individuals for expenses incurred attending or supporting an event funded by UCSC (such as a conference, symposia, workshop, training, or on-going program activity). Payments to other entities need to be on PO's or travel forms. All fund sources are allowable; except participant support as budgeted on extramural awards.</li>
<li><strong>Account Code(s): </strong> </li>
<ul>
<li>001140</li>
</ul>
...
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