CSU | AD NOAT 08-061 | Coded Memos | Systemwide Financial Operations

Date:

June 23, 2008

Code:AD NOAT 08-061

To:

Financial Managers
Accounting Officers
Budget Officers

From:

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

Subject:

2002A Parking Corrections to Centrally Paid Cost Memos

Transfer Request:079209
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 do a transfer request in order to correct minor errors from prior year centrally paid cost memos due to rounding differences

Campus	Amount	Reason
Sacramento	0.96	4 years of .24 off rounding (.24 * 4 = .96) on F&T memos
Northridge	2.50	Excess amount collected from F&T memos

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

Debit	305022	Fund Balance Clearing
Credit	506126	Transfers in within same Fund-Interagency

The Chancellor's Office will be recording the following journal entries for SCO fund 580

Debit	680126	Transfers out within same Fund-Interagency
Credit	101004	Cash in State Treasury

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

GVA:BL:lm AD NOAT 08-061