THE CALIFORNIA STATE UNIVERSITY
Office of the Chancellor
401 Golden Shore, 5th Floor
Long Beach, California 90802-4210
(562) 951-4610

 

Date:

September 20, 2006

Code: AD NOAT 06-141

To:

Financial Managers
Accounting Officers
Budget Officers

 

From:

Mr. George V. Ashkar
Senior Director, Controller
Financial Services, Accounting

 

Subject:

CPDC & Accounting Administrative Fees

 

Transfer Request: 069059
Legal Posting FY2006-07
GAAP Posting FY2006-07
(When GAAP year = Legal year, no GAAP entry is needed)

 

Per a request from CPDC a Plan of Financial Adjustment (PFA) was prepared to recover Administrative and Accounting fees from five construction projects. The Chancellor's Office and each campus needs to record their respective journal entry as described below:

The campuses journal entry to record PFA069059 for SCO Fund 6041002 are as follows:

Debit xxxxxx Capital - Construction Other (Object Code 607033)
Credit 305022 Fund Balance — Clearing Account

The Chancellor's Office will be recording the following journal entry for SCO Fund 0948000-6620-1971-510-D:

Debit 101004 Cash in State Treasury
Credit 580005 Project Revenue
Campus SCO Fund PGM/ELE/COMP CH/REF/YEAR Amount
San Luis Obispo 6041002 06-96-115 CH. 208/2004/302 $449,225.00
Monterey Bay 6041002 06-74-007 CH. 208/2004/301 $281,371.00
Bakersfield 6041002 06-50-064 CH. 208/2004/302 $300,751.00
Pomona 6041002 06-98-108 CH. 208/2004/302 $269,040.00
Maritime Academy 6041002 06-51-009 CH. 208/2004/302 $239,750.00
Total       $1,540,137.00

If you have any questions, please contact William Pittman at (562) 951-4612 or via e-mail at bpittman@calstate.edu.

GVA:WVP:td AD NOAT 06-141