April 9, 1998 Code: AD NOAT 98-27
TO: Financial Managers
From: George A. Pardon
Business and Finance
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 firstname.lastname@example.org.
GAP:MO:tp AD NOAT 98-27
Method for Accouning for Reimbursements
c: Mr. Mark Osborne