FIRMS Object Codes
Legal Basis Reporting Workshop
LAX Westin Hotel
May 21, 2007
Lorretta Leavitt
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Mix and Match
680100
Transfer in General Fund Exp
506100
SWAT Transfer Out
506051
Investments – Other
680051
SWAT Transfer In
690003
Transfer out Investment Earnings
108090
Transfer in Investment Earnings
2
Mix and Match
680100
Transfer in General Fund Exp
506100
SWAT Transfer Out
506051
Investments – Other
680051
SWAT Transfer In
690003
Transfer out Investment Earnings
108090
Transfer in Investment Earnings
3
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
4
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
5
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
6
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 SWAT06073).
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
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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
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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
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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
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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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