Date:

April 24, 2007

Code:AD NOAT 07-059

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

CPDC & Accounting Administrative fees

Transfer Request: 069256
Legal Posting FY2005-06
GAAP Posting FY2005-06
(When GAAP year = Legal year, no GAAP entry is needed)

Per a request from Nancy Freelander, Fiscal Manager CPDC, a Plan of Financial Adjustment (PFA) was prepared to recover Administrative and Accounting Fees from Thirty four construction projects (see attached worksheet). The Chancellor’s Office and the campuses need to record their respective journal entry as described below:

The Campuses journal entry to record TR069256 for SCO fund 6048002-2006-002 is as follows:

The Chancellor’s Office journal entry to record TR069256 in SCO Fund 0948000-6620-1971-510-D is as follows:

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

GVA: WP: lm AD NOAT 07-059

Attachment