New account code for open access publishing charges
You can now begin using the new account code, 487618 – Open Access Publishing Charges, for all relevant charges.Ìý
We encourage you to spread the word about this new account code to your colleagues and departments.
If you are unsure whether a transaction qualifies for the new account code or would like more information, please contact: OAFund@colorado.edu.
The University Libraries, in collaboration with Budget and Fiscal Planning, has introduced a new account code specifically designed to track open access publishing charges.Ìý
- Examples of applicable charges include article or book processing or publication charges (APCs, BPCs) or payments made to a publisher to cover the costs of Open Access.
- Charges that would not be applicable include publisher fees for color images or printing, or page count fees or publication fees that do not support Open Access.Ìý
Why is this important?Ìý
Using this account code will provide a more accurate and efficient way to monitor these expenses, which have traditionally been scattered across various account codes and grouped with other types of transactions. By using a dedicated account code, we can improve financial transparency and make more informed decisions regarding future budget allocations.ÌýÌý