THE CALIFORNIA STATE UNIVERSITY
Office of the Chancellor
401 Golden Shore, 5th Floor
Long Beach, California 90802-4210
(562) 951-4610

 

Date:

March 24, 2008

Code:AD NOAT 08-030


To:


Financial Managers
Accounting Officers
Budget Officers

  

From:

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

 

Subject:

Hayward Union Transfer

 

Transfer Request: 079179
Legal Posting FY2007-08
GAAP Posting FY2007-08
(When GAAP year = Legal year, no GAAP entry is needed)

 

The State Controller’s Office has been requested to transfer $360,229 in student union revenue from the Hayward Union Renovation Project account on Transaction Request 079179. This TR reverses TR069313 which was processed twice in error by the SCO before FY 06-07 year end.

The campus journal entries to record the transactions for SCO fund 580 is as follows:

Debit 305022 Fund Balance Clearing
Credit 506110 Transfers in from Dormitory Construction Fund-Interagency

The Chancellor's Office will be recording the following journal entries for SCO fund 576:

Debit 680112 Transfers out to Dormitory Revenue Fund -Interagency
Credit 101004 Cash in State Treasury

If you have any questions, please contact Brian Lee at (562) 951-4399 or via e-mail at blee@calstate.edu.

GVA:BL:td

AD NOAT 08-030