BUSINESS NOTES &
NEWS
MARCH 2008
In This Month's Issue:
Texas Learning and Computation Center
HUB Vendor of the Month
Department Who's Who
March Calendar
Transferring Ownership of a UH-Purchased Cell Phone or PDA
Fund Equity Journal Documentation
Property Management Account Codes
Preventing and Detecting P-Card and Travel Card Fraud
HUB Statistics
RewardOne Program
HRMS
ePAR Status Update
Termination Checklist
Foster Parent Leave Update
Leader Training
PCD Announcements
Manager's Toolbox
FrontLine
PRINTABLE VERSION
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
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Fund Equity Journal Documentation
When transferring fund equity from one cost
center to another, required backup for the
GL Journal includes:
• The 1074 Balance Sheet or a Fund Equity
report (1016, 1060, etc.) for the cost
center that is reducing fund equity (the
debit cost center).
o Verifies that debit cost center has
sufficient fund equity to transfer to
another cost center.
In addition, departments should include:
• The 1074 Revenue and Expense – Budget Node
Summary (section 1 of the 1074) for the cost
center that is reducing fund equity (the
debit cost center).
o Verifies that debit cost center will have
sufficient fund equity left after the
transfer to cover its open commitments, soft
commitments, and budget balance available.
Additional information about completing fund
equity transfers is located at:
http://www.uh.edu/finance/pages/Ref_Fund_Equity.htm
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