New York Codes, Rules and Regulations › Title 10 - DEPARTMENT OF HEALTH › Chapter V - Medical Facilities › Subchapter A - Medical Facilities-minimum Standards › Article 8 - New York State Annual Hospital Report › Part 444 - Description Of Accounts › Balance Sheets › Section 444.4 - UNRESTRICTED FUND LIABILITIES

Current through Register Vol. 46, No. 28, July 10, 2024
[ 3130 ]
(a)
CURRENT LIABILITIES.
[ 3131 ]
(1)
						2010
..........................................................................................................
NOTES AND LOANS PAYABLE
2011
..........................................................................................................
Notes and Loans Payable - Vendors
2012
..........................................................................................................
Notes and Loans Payable - Banks
2013
..........................................................................................................
Current Portion of Long-Term Debt
2019
..........................................................................................................
Other Notes and Loans Payable
..........................................................................................................
These accounts reflect liabilities of the hospital to
						  vendors, banks and others, evidenced by promissory notes due and payable within
						  one year.
(2) 2020
..........................................................................................................
ACCOUNTS PAYABLE
2021
..........................................................................................................
Trade Payables
2029
..........................................................................................................
Other Accounts Payable
..........................................................................................................
The balance of these account must reflect the amounts
						  due trade creditors and others for supplies and services
						  purchased.
(3) 2030
ACCRUED COMPENSATION AND RELATED
..........................................................................................................
LIABILITIES
2031
..........................................................................................................
Accrued Payroll
..........................................................................................................
2032
..........................................................................................................
Accrued Vacation, Holiday and Sick Pay
2033
..........................................................................................................
Other Accrued Salaries and Wages Payable
2034
..........................................................................................................
Non-Paid Workers Services Payable
2035
..........................................................................................................
Federal Income Taxes Withheld
2036
..........................................................................................................
Social Security Taxes Withheld and Accrued
2037
..........................................................................................................
State Income Taxes Withheld
2038
..........................................................................................................
Local Income Taxes Withheld
2039
..........................................................................................................
Unemployment Taxes Payable
2041
..........................................................................................................
Accrued Hospitalization Insurance Premiums
2042
..........................................................................................................
Union Dues Payable
2049
..........................................................................................................
Other Payroll Taxes and Deductions Payable
..........................................................................................................
The balances of these accounts reflect the actual or
						  estimated liabilities of the hospital for salaries and wages payable, as well
						  as related amounts payable for payroll taxes withheld from salaries and wages,
						  payroll taxes to be paid by the hospital, and other payroll deductions, such as
						  hospitalization insurance premiums. Non-Paid Worker Services Payable (account
						  2034) refers to amounts payable to Motherhouses, etc., for the services of
						  nonpaid workers.
(4) 2050
..........................................................................................................
OTHER ACCRUED EXPENSES
2051
..........................................................................................................
Interest Payable
2052
..........................................................................................................
Rent Payable
2053
..........................................................................................................
Property Taxes Payable
2054
..........................................................................................................
Fees Payable - Medical Specialists
2055
..........................................................................................................
Fees Payable - Other
2059
..........................................................................................................
Other Accrued Expenses Payable
..........................................................................................................
These accounts include the amounts of those current
						  liabilities that have accumulated at the end of the month or accounting period
						  because of expenses, incurred up to that time.
(5) 2060
..........................................................................................................
ADVANCES FROM THIRD-PARTY PAYORS
2061
..........................................................................................................
Advances - Medicare
2062
..........................................................................................................
Advances - Medicaid
2063
..........................................................................................................
Advances - Blue Cross
2069
..........................................................................................................
Advances - Other
..........................................................................................................
Include in these accounts liabilities to third-party
						  payors for current financing and other types of advances due and payable within
						  one year.
Do not include liabilities to third-party payors
						  arising from reimbursement settlements. Such liabilities must be included in
						  account 2070 - Payable to Third-Party Payors.
(6) 2070
..........................................................................................................
PAYABLE TO THIRD-PARTY PAYORS
2071
..........................................................................................................
Reimbursement Settlement Due - Medicare
2072
..........................................................................................................
Reimbursement Settlement Due - Medicaid
2073
..........................................................................................................
Reimbursement Settlement Due - Blue Cross
2079
..........................................................................................................
Reimbursement Settlement Due - Other
..........................................................................................................
These accounts reflect reimbursement settlements due to
						  third-party payors. Separate sub-accounts may be maintained within each account
						  for each year's settlement included.
(7) 2080
..........................................................................................................
DUE TO OTHER FUNDS
2082
..........................................................................................................
Due to Board-Designated Assets
2083
..........................................................................................................
Due to Plant Replacement and Expansion Fund
2084
..........................................................................................................
Due to Specific Purpose Fund
2085
..........................................................................................................
Due to Endowment Fund
..........................................................................................................
These accounts reflect the amounts due to other funds
						  by the Operating Fund. Under no circumstances should these accounts be
						  construed as payables in the sense that an obligation external to the hospital
						  exists.
(8) 2090
..........................................................................................................
INCOME TAXES PAYABLE
2091
..........................................................................................................
Federal Income Taxes Payable
2092
..........................................................................................................
State Income Taxes Payable
2093
..........................................................................................................
Local Income Taxes Payable
..........................................................................................................
Include in these accounts the amount of current income
						  taxes payable.
(9) 2110
..........................................................................................................
OTHER CURRENT LIABILITIES
2111
..........................................................................................................
Deferred Income - Patient Deposits
2112
..........................................................................................................
Deferred Income - Tuition and Fees
2113
..........................................................................................................
Deferred Income - Other
..........................................................................................................
Deferred income
is defined as income
						  received or accrued which is applicable to services to be rendered within the
						  next accounting period and/or the current year's effect of deferred income
						  items classified as non-current liabilities. Deferred income applicable to
						  accounting periods extending beyond the next accounting period should be
						  included in accounts 2120-2140 (Deferred Credits and Other Liabilities) or in
						  account 2270 (Other Non-Current Liabilities).
2114 Dividends
						  Payable..........................................................................................................
2115 Current Maturities of Long-Term
						  Debt..........................................................................................................
2116 Intercompany Indebtedness,
						  Current..........................................................................................................
2117 Construction Retention
						  Payable..........................................................................................................
2118 Construction Contracts
						  Payable..........................................................................................................
2119 Other Current
						  Liabilities..........................................................................................................
Include in these accounts the amount of Operating Fund
						  current liabilities for which special accounts have not been provided
						  elsewhere, including bank overdrafts.