If you have comments or would like
to submit an article for the
Spotlight, contact Sara Carter at
scarter@uh.edu
Contents Edited by the
Administration & Finance Customer
Service Center
Tuition and Fee Revenue at Year-End
When reviewing cost centers, you will see
some different entries at year end with the
change to the PeopleSoft Student System. All
revenues and expenses that pertain to Fall
of 2008 but that are posted on the General
Ledger prior to 9/1/2008 will show as
“Deferred Revenues (account 22100)” and
“Prepaid Expenses (account 15100)”.
On
September 1, journal entries to reclassify
the Deferred Revenues and Prepaid Expenses
to their original revenue or expense account
will be processed with the revenue and
expense posted to FY09.
Colleges/Divisions/Departments do not need
to take any action for these journal entries
and their reversals to post.
If you have any questions, please contact
Karin Livingston in General Accounting at
713.743.4415.
