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

Term	Definition
Unallocated Funds	Funds held temporarily in suspense (not available for use) pending final allocation. These funds appear under the object consolidation SUB8 in Decision Support.
Use Tax	UCD pays use tax on taxable purchases directly to the State Board of Equalization, rather than to the vendor. Use tax generally applies to out-of-state vendors who are not registered with the California State Board of Equalization.

Term

Definition

Unallocated Funds

Funds held temporarily in suspense (not available for use) pending final allocation. These funds appear under the object consolidation SUB8 in Decision Support.

Use Tax

UCD pays use tax on taxable purchases directly to the State Board of Equalization, rather than to the vendor. Use tax generally applies to out-of-state vendors who are not registered with the California State Board of Equalization.

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