Financial Services
401 Golden Shore, 5th Floor
Long Beach, CA 90802-4210
Date:
March 27, 2009
Code AD NOAT 09-020
To:
Financial Managers
Accounting Officers
Budget Officers
Accounting Officers
Budget Officers
From:
George V. Ashkar
Senior Director, Controller
Financial Services, Accounting
Senior Director, Controller
Financial Services, Accounting
Subject:
Fund Balance Clearing Adjustments to Prior Year Out of Balances
Legal Posting: FY 2008-09
GAAP Posting FY 2008-09
(When GAAP year + Legal year, no GAAP entry is needed)
The following attachment reflects fund balance adjustments for the CSU Dormitory Revenue fund 580 and the CSU Dormitory Building Maintenance and Equipment Repair Fund 0575 due to Prior Year out of Balances that resulted in Errors to the Fund Balance Clearing Account. The Journal Entry correction will reconcile your campuses Subfund in order to close it out.
If you have any questions, please contact Brian Lee at (562) 951-4399 or via e-mail at blee@calstate.edu.
GVA:BL:sh
ADNOAT 09-020
Attachment