Date:

February 12, 2008

Code:AD NOAT 08-013

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

CSURMA Prepaid Premium Interest Earnings Distribution

Legal Posting FY2007-08
GAAP Posting FY2007-08
(When GAAP year = Legal year, no GAAP entry is needed)

We have processed checks to your campus for 2006-2007 interest earned based on prepaid premiums. The checks were issued Feb 12, 2008. This transaction should be abated against your premium expense.

Please record to the FIRMS object and program codes indicated on the attachment.

If you have any questions, please contact Mandy Wong at (562) 951-4578 or via e-mail at mwong@calstate.edu

GVA:AK:lm AD NOAT 08-013

Attachment