GL Journal Entries
Requirements
for all Journals
GL
Journal Entry Creating and Workflow
Local
Fund Equity Non-Mandatory Transfers
Changing
Printer Settings for Journals
Sample
Journals
Explanation of Chartfield Values
Equity Transfers between Like Funds
Equity transfers should occur between like
funds (Ex. from 2060 to 2060). The account
codes listed below should be used when
transferring equity between like funds.
|
Fund Group |
Transfer From
|
Transfer To |
| 2XXX |
37409 |
33509 |
| 3XXX |
37417 |
33517 |
| 4XXX |
37418 |
33518 |
| 7XXX |
37423 (Unexpended Plant) or
37424 (Renewal and Replacement) |
33523 (Unexpended Plant) or
333524 (Renewal and Replacement) |
Funds (2XXX and 3XXX)
The matrix below indicates which fund codes
may receive equity transfers from different
fund codes or may transfer equity to
different fund codes within the same fund
group (2xxx or 3xxx). Fund equity is not
normally transferred from one fund group
(2xxx) to another (3xxx). Fund codes not
listed on the matrix cannot transfer equity
in or out of a different fund code.
Examples of Allowable Equity Transfers
Between Fund Codes:
Transfer equity from 2077 to 2061.
Transfer equity from 2080 to 2060.
Transfer equity from 2078 to 2080.
Transfer equity from 3056 to 3057.
Transfer equity from 3054 to 3057.
Examples of Non-Allowable Equity Transfers
Between Fund Codes:
Transfer equity from 2078 to 2077.
Transfer equity from 2060 to 2061.
Transfer equity from 2077 to 2078.
Transfer equity from 3054 to 3056.
Transfer equity from 3057 to 3056.
Transfer equity from 2077 to 3057 (cannot
transfer between fund groups).
Transfer equity from 2080 to 2064 (fund 2064
is not on the matrix).
Exceptions to the matrix below must be
pre-approved by the Budget Office.
|
Fund
|
Description |
Transfer In |
Transfer
Out |
| 2060 |
DESIG-SERVICE DEPARTMENTS |
Yes |
No |
| 2061 |
DESIG-SELF-INSURED PLANS |
Yes |
no |
| 2077 |
DESIG-INVESTMENT INCOME |
No |
Yes |
| 2078 |
DESIG-SALES & SERVICES-E&G |
No |
Yes |
| 2080 |
DESIG-OTHER E&G |
Yes |
Yes |
| 3054 |
AUX-INVESTMENT INCOME |
No |
Yes |
| 3056 |
AUX-SALES & SERVICES |
No |
Yes |
| 5057 |
AUX-OTHER E & G |
Yes |
No |
Special Note for fund 2063
As a general rule unless the same program is
shared among cost centers, neither equity
nor budget can be transferred within fund
2063. Any exceptions to this rule must be
pre-approved by the Budget Office.
Plant Funds
Only Plant Accounting and FP&C can generate
journals (or approve) transfers of equity
between Plant Funds (7XXX) and any other
fund.
