Account Attributes
AFC Percent Rate
 
Field Name: AFC RATE Inquiry Screen #: 06
Common Abbreviation: AFC Rate
Dictionary Reference Number: FS499
Field Length: 4 numeric characters
Required Accounts: Not required as of February, 1999.
Definition: Prior to February 1999, FAS accessed an Animal Facility Charge (AFC) against all federal awards that were charged with animal care expenses (subaccounts 2200/2297) and purchases (subaccounts 5100/5197).  The charge was equal to 45.1% of those charges.   If a rate other than 45.1% was to be used, that rate was entered as the AFC attribute rate.
Values: Numeric
Applicable Accounts:
Subsidiary Ledger
5-xxxxx
 
FAS User's Manual Table of Contents 
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