REC DATE Identifies the original date a blanket or specific requisition was established. For appointments, this date changes whenever the appointment is created, changed, transferred, closed, canceled or reopened. BEG DATE Identifies the beginning date of a blanket or an appointment requisition. END DATE Identifies the end date of a blanket or an appointment requisition. Revenue Transactions Revenue may be recorded either as receipts or sales credits, depending on the fund and the source of the revenue.
Receipts are purely revenue transactions while sales credits are negative expenditures.
Examples are gifts and donations recorded to Fund 133, or dollars received from the federal government for a research grant under Fund 144. Sales credits usually involve internal transfers from one UW System department or institution to another. An example is when a department purchases supplies from Stores. There is no budget for receipts, therefore receipt transactions have no effect on the balance of the budget. Sales Credits are budgeted.