New York Codes, Rules and Regulations › Title 16 - DEPARTMENT OF PUBLIC SERVICE › Chapter VI - TELEPHONE AND TELEGRAPH CORPORATIONS › Subchapter E - Uniform Systems Of Accounts › Article 1 - Telephone Corporations › Part 666 - Instructions For Expense Accounts › Section 666.6 - Expense matrix

Current through Register Vol. 46, No. 28, July 10, 2024
(a) The expense
					 accounts shall be maintained by the following subsidiary record categories, as
					 appropriate to each account.
(1) Salaries and
					 wages. This subsidiary record category shall include compensation to employees,
					 such as: wages, salaries, commissions, bonuses, incentive awards and
					 termination payments.
(2) Benefits.
					 This subsidiary record category shall include payroll-related benefits on
					 behalf of employees such as the following:
Pensions
Savings plan contributions (company portion)
Workers' compensation required by law
Life, hospital, medical, dental, and vision plan
						insurance
Social Security and other payroll taxes
(3) Rents.
(i) This subsidiary record category shall
					 include amounts paid for the use of real and personal operating property.
					 Amounts paid for real property shall be included in account 6121, Land and
					 Buildings Expense. This category includes payments for operating leases but
					 does not include payments for capital leases.
(ii) This subsidiary record category is
					 applicable only to the plant specific operations expense accounts. Incidental
					 rents, e.g.,short-term rental car expense, shall be categorized as Other
					 Expenses (see paragraph [4] of this subdivision) under the account which
					 reflects the function for which the incidental rent was incurred.
(4) Other expenses. This
					 subsidiary record category shall include costs which cannot be classified to
					 the other subsidiary record categories. Included are material and supplies,
					 including provisioning (note also account 6512, Provisioning Expense);
					 contracted services; accident and damage payments, insurance premiums;
					 traveling expenses and other miscellaneous costs.
(5) Clearances. This subsidiary record
					 category shall include amounts transferred to construction accounts (see
					 section
					 663.3[b][3] 
					 of this Title), other plant specific operations expense accounts and/or account
					 3100, Accumulated Depreciation (cost of removal: see section
					 664.5[d] 
					 of this Title) as appropriate, from accounts 6112, Motor Vehicle Expense, 6113,
					 Aircraft Expense, 6114, Special Purpose Vehicles Expense, 6116, Other Work
					 Equipment Expense, 6534, Plant Operations Administration Expense, and 6535,
					 Engineering Expense. There shall also be transfers to Construction and/or other
					 Plant Specific Operations Expense accounts, as appropriate, from account 6512,
					 Provisioning Expense and account 8310, Software Expense. Cleared amounts shall
					 retain their initial expense matrix identities in the receiving expense
					 accounts. With respect to these expenses, companies may establish such clearing
					 accounts as they deem necessary to accomplish substantially the same results,
					 provided that within 30 days of the opening of such accounts, companies shall
					 notify the Director of Accounting of the nature and purpose thereof. Additional
					 clearing accounts affecting other expense areas may be established with prior
					 approval of the Director of Accounting.