New Relocation Account Codes
In preparation for the upcoming peak moving season along with the rollout of the Concur Travel and Expense system, we have updated the account codes that should be used for relocation expenses. The number of account codes related to relocation expenses has been reduced from 11 codes to six in order to simplify the process of classifying relocation expenses. Additionally, the Tax Office has provided additional descriptions around what types of expenses should be charged to each account code. An updated Classification of Relocation Expenses document has been published to the Policies and References section of the Account Payable website. For further information on Relocation, please see the Relocation / Moving Expenses section of the Fringe Benefit Taxation page on the UA Tax Office website as well as the UA Spending Policy – Section 1.8 Relocation/Moving Expenses.