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FIRMS Object Codes. Legal Basis Reporting Workshop LAX Westin Hotel May 21, 2007 Lorretta Leavitt. 680100 506100 506051 680051 690003 108090. Transfer in General Fund Exp SWAT Transfer Out Investments – Other SWAT Transfer In Transfer out Investment Earnings

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FIRMS Object Codes

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Firms object codes

FIRMS Object Codes

Legal Basis Reporting Workshop

LAX Westin Hotel

May 21, 2007

Lorretta Leavitt


Mix and match

680100

506100

506051

680051

690003

108090

Transfer in General Fund Exp

SWAT Transfer Out

Investments – Other

SWAT Transfer In

Transfer out Investment Earnings

Transfer in Investment Earnings

Mix and Match


Mix and match1

680100

506100

506051

680051

690003

108090

Transfer in General Fund Exp

SWAT Transfer Out

Investments – Other

SWAT Transfer In

Transfer out Investment Earnings

Transfer in Investment Earnings

Mix and Match


Firms new or new use

FIRMS – New or New Use

Assets

Investments

108090

Investments-Other

Revenues

Transfers In From Other Funds/Appropriations

506100

Transfers In - RMP SWAT

Revenues

Transfers In From Other Funds/Appropriations

506051

Transfers in Investment Earnings


Firms new or new use1

FIRMS – New or New Use

Expenditures

Operating Transfers Out

680051

Transfers Out Investment Earnings

Expenditures

Operating Transfers Out

680100

Transfers Out - RMP SWAT

Expenditures

Expenditure Adjustments

690003

RMP Expenditure Offset from GF


Ao with offsetting cpo

AO with offsetting CPO

Value Date: April 27, 2007 CPO # 06-0078

Subject: CASH POSTING ORDER – CENTRAL PAYROLL ADJUSTMENT

The Cash Management Operations office has executed a balance transfer from your campus’ Wachovia Global Securities Short Term Account in exchange for the allocation of general fund payroll funding during April, 2007. (see AO #s: 06-221, 222, 224)

The campus journal entries to record this transaction in SCO fund 0948 are as follows:

If the ‘Transfer Amount’ shows an increase, record it as:

Debit 108090 Investments-Other

Credit 690003 RMP Expenditure Offset from GF

If the ‘Transfer Amount’ shows a decrease, record it as:

Debit 690003 RMP Expenditure Offset from GF

Credit 108090 Investments-Other


Swat with cpo

SWAT with CPO

Value Date: April 27, 2007 CPO # 06-0077

Subject: CASH POSTING ORDER – SWAT

The Cash Management Operations office has executed a balance transfer affecting your campus’ Wachovia Global Securities Short Term Account as noted on the attachment detail. This transfer represents allocated supplemental funding for retirement expenditures. (see SWAT06-073).

The campus journal entries to record this transaction in SCO fund 0948 are as follows:

If the ‘Transfer Amount’ shows an increase, record it as:

Debit 108090 Investments-Other

Credit 506100 Transfer in RMP-SWAT

If the ‘Transfer Amount’ shows a decrease, record it as:

Debit 680100 Transfer out RMP-SWAT

Credit 108090 Investments-Other


Plain ol cpo wfb wachovia

Plain ‘ol CPO (WFB/Wachovia)

Value Date: May 11, 2007 CPO # 06-0095

Subject: CASH POSTING ORDER

The Cash Management Operations office has executed a transfer between the Wells Fargo Bank and your campus’ Wachovia Short Term Account as noted on the attached detail.

The campus journal entries to record this transaction in SCO fund 0948 are as follows:

If the ‘Transfer Amount’ shows an increase, record it as:

Debit 108090 Investments-Other

Credit 101006 Cash in Agency Accounts-Banks/S&L

If the ‘Transfer Amount’ shows a decrease, record it as:

Debit 101006 Cash in Agency Accounts-Banks/S&L

Credit 108090 Investments-Other


Plain ol cpo wfb wachovia1

Plain ‘ol CPO (WFB/Wachovia)

What if…

you are no longer using 101006 for Wells Fargo, but have already changed your object code to be 108090???

No posting required!

However, you may want to set up a separate campus account to track CPO activity


Investment earnings

Investment Earnings

  • All campuses are to record their investment income for SCO fund 0948 in CSU Fund 499 – FIRMS Object Code 508001

    • FIRMS Object Code 508001 is only to be used in CSU Fund 499 within SCO Fund 0948

    • Campuses may re-allocate investment income to other CSU Funds using the following new FIRMS Object Codes

      • 680051 Transfer out – investment income

      • 506051 Transfer in – investment income


Change for this year

Change for this year

  • Campus investment earnings (508001) for SCO Fund 0948 to date have been recorded in various CSU Funds

    • Need to be corrected by 6-30-2007

      • Investment Income for 0948 is to be posted to CSU Fund 499 (508001)

      • Investment Income allocation by the campus to various CSU funds within 0948 is to be recorded using Transfer out (680051) in CSU 499 and Transfer in (506051) in the receiving CSU Fund

      • CSU Fund 485 should only receive interest earnings if they are needed to cover planned expenditures within the year (506051)


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