CSU | AD NOAT 08-006 | Coded Memos | Systemwide Financial Operations

Date:

January 16, 2008

Code:AD NOAT 08-006

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

CPDC & Accounting Administrative Fees

Transfer Request: 079134
Legal Posting FY2007-08
GAAP Posting FY2007-08
(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 ($1,528,303.00) from two construction projects at CSU East Bay and CSU Dominguez Hills. The Chancellor’s Office and the campuses need to record their respective journal entry as described below:

The Campuses journal entry to record TR079134 is as follows:

	Object Code
Debit	607033	Capital – Construction Other
Credit	305022	Fund Balance – Clearing Account

The Chancellor’s Office journal entry to record TR079134 in SCO Fund 0948000-6620-1971-510-D is as follows:

Debit	101004	Cash in State Treasury
Credit	80812	Project Revenue

The project breakdown:
Campus	SCO Fund	Proj. #	Amount
East Bay	6048002-6720-2006-301-06-64-082	EB-134	$555,465.00
Dominguez Hills	6048002-6690-2007-301-06-54-081	DH-639
	$972,838.00
	Total	$1,528,303.00

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

GVA: WP: td AD NOAT 08-006