Date: April 9, 1998 Code: AD NOAT 98-27

TO: Financial Managers

Accounting Officers

Budget Officers

From: George A. Pardon

Accounting Director

Business and Finance

Subject: Fund 498 Transfers

Attached is an outline of the revised accounting method for transfers to General Fund from various other sources. Under the new method, many transactions that were treated as reimbursements to General Fund in the past will be recorded as transfers through Fund 498. Campuses are required to record transactions in this manner as of the 97/98 fiscal year.

Questions may be directed to Mr. Mark Osborne at (562) 985-2886 or via e-mail at mark_osborne@calstate.edu.

GAP:MO:tp AD NOAT 98-27

Attachment-New Method for Accouning for Reimbursements

c: Mr. Mark Osborne