CSU | AD NOAT 07-115 | Coded Memos | Systemwide Financial Operations

Date:

June 12, 2007

Code:AD NOAT 07-115

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

Prior Years Distribution of SCO Admin Charges to Decentralized SU

Transfer Request: 069326
Legal Posting FY2006-07
GAAP Posting FY2006-07
(When GAAP year = Legal year, no GAAP entry is needed)

The State Controller’s Office has been requested to transfer Decentralized Student Union DRF and DBMERF expenses from Systemwide accounting records to the campus’ accounts for SCO Administration Charges for FY 04-05 and FY 05-06.

The campus journal entries to record the transactions for SCO fund 580 and 575 are as follows:

Debit	690002	Prior Year Expenditure Adjustment
Credit	305022	Fund Balance Clearing

The Chancellor’s Office will be recording the following journal entries for SCO fund 580 and 575:

Debit	305022	Fund Balance Clearing
Credit	690002	Prior Year Expenditure Adjustment

If you have any questions, please contact Kathy Skara at (562) 951-4624 or via e-mail at kskara@calstate.edu.

GVA:KS:lm AD NOAT 07-115

Attachment (.doc)