Date:

February 20, 2007

Code:AD NOAT 07-008

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

FY06/07 CONTINUING EDUCATION REVENUE
2nd QTR SMIF DISTRIBUTION

Transfer Request: None
Legal Posting FY2006-07
GAAP Posting FY2006-07
(When GAAP year = Legal year, no GAAP entry is needed)

The Continuing Education Revenue Fund Systemwide Smif Distribution for the period of October 1, 2006 through December 31, 2006 will be processed to the campuses. Due to RMP implementation, campuses should be depositing this interest earnings to the CERF Trust Fund 0948.

The journal entry should credit FIRMS object 507001 interest from SMIF.

Questions may be directed to Angelene Renaud (562) 951-4613 or via e-mail at arenaud@calstate.edu

GVA:AR:lm AD NOAT 07-008

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