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Class Code Information and Definitions - Controller's Department

Class Code Information and Definitions - Controller's Department 2025

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The document outlines the guidelines for the Iowa State University Purchasing Card Program, specifically focusing on hospitality expenses for existing cardholders. It details the allowable uses of the card, documentation requirements for compliance with IRS regulations, and restrictions against personal purchases. The document emphasizes that hospitality expenses must serve a clear business purpose and provides specific class codes for categorizing such expenses.

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What are the classification codes?

Class codes, also called classification codes or workers comp classification codes, are three- or four-digit codes that insurance companies use to estimate rates. Codes are based on the risks associated with each type of work an employee performs.

What is class code 8871 in NC?

Class Code 8871 Remote Employees Introduced during the pandemic, this newer code is specifically for employees working entirely remotely.

What is a class code 8871 in Michigan?

The COVID-19 pandemic has brought a lot of attention to one particular workers comp class code; Class Code 8871 - Clerical Telecommuter Employees. Many of the employees who transitioned from the office to telecommuting have returned or will return to the office.

What is code 8810?

Code 8810: Clerical Office Employees NOC This classification applies to clerical office employees and administrative personnel provided they are not otherwise classified in this Guide.

What is a class code in accounting?

The class chartfield is used to denote the functional nature of an expense, which is essential for external and internal financial reporting. Codes should be used appropriately and consistently among like transactions.

What is a class code 8871 in PA?

Class Code 8871: Clerical Telecommuter Employees: Applicable to employees who perform clerical duties from home or another remote location. Class Code 7380: Drivers, Chauffeurs, and their Helpers NOC: Designated for drivers and their helpers who arent classified under a more specific code.

What is class code 3830?

CLASSIFICATION CODE INTERPRETATIONS Description: Code 3830 applies to employers engaged in manufacturing airplanes and helicopters.

What is a class code number?

[show more] Class Codes are used to group common employers so that the rate for each classification reflects the exposures common to those employers.

Class Code Information and Definitions - Controller's Department 2025

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