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

 

Date:

October 16, 2006

Code: AD NOAT 06-161

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: 069091
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 the following construction project. The Chancellor's Office and the campus need to record their respective journal entry as described below:

The campus journal entry to record TR069091 for SCO Fund 6041002 is 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 Bernardino      6041002      06-78-093      CH. 208/2004/302      $776,093.00     

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

GVA: WVP: lm AD NOAT 06-161