Pre Payments

Prepayments are those payments that are made PRIOR to receipt of goods or services. Prepayments are allowed for CERTAIN expenditures normally prepaid as a standard industry practice or where such prepayments are considered cost beneficial to the Commonwealth.

For TRAVEL-RELATED prepayments (such as conference or registration fees, airfare, shuttles, etc.) please use the links below for detailed information:

Conference or Registration Fee
Airfare OR Rail (including VRE)
Car Rentals
Internet Purchases

For NON travel-related prepayments per CAPP topic 20310, such as maintenance agreements, subscriptions, professional membership and insurance, use the table below. The prepayments listed in the table below are for services or benefits that cover a specified period of time. For example, a membership usually covers a period of time lasting one year, or a subscription to a journal usually lasts a year.

Depending upon the type of of prepayment, the prepayment may be entered into Banner as a Direct Pay; may be paid using the SPCC; or may be entered into eVA to create a purchase order. Whatever method is used, the length of the service or provision must always be documented. Reference the month and year only. For example, a subscription expenditure (account code 71222S) may be written like this “Sept 2008-Sept 2009.”

  • If entering in Banner as a Direct Pay, indicate the length of service on the Direct Pay paperwork.
  • If using the SPCC, in WORKS, indicate the length of service by using the drop down menu for a Prepay Start and Prepay End Date (instead of typing in the dates).
  • If using eVA, indicate the length of service on the eVA form.

 

Account Code Listing

71221 Employee Dues & Membership Fees
71222S Subscriptions
71237 Health Insurance Premiums (non-Payroll)
71253C Equipment Maintenance Service Contracts
71274
Computer Equipment Maintenance
71275
Software Maintenance (Renewals, including Web Hosting RENEWALS)
71277 Computer Services (NON-VITA)
71279 Software Development
71279L Software Development Licenses (Limited Term) includes NEW Web Hosting Services
71512 Insurance for Motor Vehicles
71516 Insurance for Boiler
71517 Insurance for Fire
71551 General Liability Insurance
71554 Insurance for Surety Bond
71555 Insurance for Workman’s Comp
72226 Subscriptions (serial/periodicals) – Library Use ONLY
72227 Electronic Subscriptions – Library Use ONLY
72229 Electronic Resources – Library Use ONLY

 

71221

Account Code Description:  Employee Dues & Membership Fees

Expanded Descriptions:  Includes expenditures for memberships to professional organizations.

Payment Terms:  State allows payment for a maximum period of coverage of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the start/renewal date.

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71222S

Account Code Description Subscriptions

Expanded Descriptions:  Includes expenditures for subscriptions to professional or technical publications used for professional development not purchased for general library use.

Payment Terms:  State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the start/renewal date.

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71237

Account Code Description:  Health Insurance Premiums (non-Payroll)  –  eVA EXEMPT

Expanded Descriptions:  Includes expenditures for insurance premiums paid by the state on behalf of eligible individuals to provide them with health services.

Payment Terms:  Payment terms are based upon the due date given by the provider or as the Commonwealth may instruct in a memo. Subject to a prepayment service period of one year. Excludes materials and equipment purchases.

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71253C

Account Code Description:  Equipment Maintenance Service Contracts

Expanded Descriptions:  Includes expenditures for maintenance contracts.

Payment Terms:  State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the start/renewal date. Excludes materials and equipment purchases.

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71274

Account Code Description:  Computer Equipment Maintenance

Expanded Descriptions:  Includes expenditures for services to repair and maintain computer and computer peripheral hardware.

Payment Terms:  State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the start/renewal date. Excludes materials and equipment purchases. Excludes computer hardware and software purchases.

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71275

Account Code Description: Software Maintenance (Renewal)

Expanded Descriptions:  Includes expenditures for RENEWAL ONLY for services provided to maintain computer software AND for RENEWAL Web Hosting services.

Payment Terms:  State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the renewal date. Excludes materials and equipment purchases. Excludes computer hardware and software purchases.

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71277

Account Code Description: Computer Services (NON-VITA)

Expanded Descriptions:  Includes NON-VITA expenditures for services and other costs associated with the operation of computer hardware.

Payment Terms:  State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the start/renewal date. Excludes materials and equipment purchases. Excludes computer hardware and software purchases.

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71279

Account Code Description: Software Development

Expanded Descriptions:  Includes expenditures for consulting services or other services to develop custom software or modify existing software.

Payment Terms:  N/A

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71279L

Account Code Description:  Software Development Licenses (Limited Term) Includes NEW Web Hosting Services

Expanded Descriptions:  Includes expenditures for licenses for customized software and for NEW web hosting.

Payment Terms:  N/A

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71512

Account Code Description:  Insurance for Motor Vehicles  –  eVA Exempt

Expanded Descriptions:  Includes expenditures to cover the liability caused by the automobile, the physical damage to the automobile, injury to the driver and passengers, and the uninsured motorist.

Payment Terms:  Payment terms are based upon the due date given by the provider or as the Commonwealth may instruct in a memo. Subject to a prepayment service period of one year. Limited to premiums for insurance contracts.

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71516

Account Code Description:  Insurance for Boiler  –  eVA Exempt

Expanded Descriptions:  Includes expenditures for insurance coverage of energy equipment.

Payment Terms:  Payment terms are based upon the due date given by the provider or as the Commonwealth may instruct in a memo. State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. Excludes materials and equipment purchases. Limited to premiums for insurance contracts.

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71517

Account Code Description:  Insurance for Fire  –  eVA Exempt

Expanded Descriptions:  Includes expenditures for property insurance coverage on equipment and structures due to direct loss by fire, lightning, and natural perils.

Payment Terms:  Payment terms are based upon the due date given by the provider or as the Commonwealth may instruct in a memo. State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. Excludes materials and equipment purchases. Limited to premiums for insurance contracts.

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71551

Account Code Description:  General Liability Insurance  –  eVA Exempt

Expanded Descriptions:  Includes expenditures for insurance coverage against the risk of claims for payment of damages imposed by law.

Payment Terms:  Payment terms are based upon the due date given by the provider or as the Commonwealth may instruct in a memo. State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. Limited to premiums for insurance contracts.

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71554

Account Code Description:  Insurance for Surety Bond  –  eVA Exempt

Expanded Descriptions:  Includes expenditures of surety bonds coverage for all state employees to guarantee the performance of their lawful obligation.

Payment Terms:  Payment terms are based upon the due date given by the provider or as the Commonwealth may instruct in a memo. State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. Limited to premiums for insurance contracts.

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71555

Account Code Description:  Insurance for Workman’s Comp  –  eVA Exempt

Expanded Descriptions:  Includes expenditures for workers’ compensation coverage for all State employees.

Payment Terms:  Payment terms are based upon the due date given by the provider or as the Commonwealth may instruct in a memo. State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. Limited to premiums for insurance contracts.

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72226

Account Code DescriptionLIBRARY USE ONLY  –  Subscriptions (serial/periodicals)

Expanded Descriptions:  Includes expenditures for subscriptions for the library only.

Payment Terms:  State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the start/renewal date.

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72227

Account Code DescriptionLIBRARY USE ONLY  –  Electronic Subscriptions

Expanded Descriptions:  Includes expenditures for electronic subscriptions for the library only.

Payment Terms:  State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the start/renewal date. Excludes materials and equipment purchases.

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72229

Account Code DescriptionLIBRARY USE ONLY  –  Electronic Resources

Expanded Descriptions:  Includes expenditures for electronic resources for the library only. (Example: Databases that help locate journals and/or articles.)

Payment Terms:  State allows payment for a maximum period of one year. Paying for more than 12 months of coverage is not allowed–even if a discount is provided. In addition, the due date should be no more than 90 days in advance of the start/renewal date. Excludes materials and equipment purchases.

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