FIRMS MANUAL CHECKS. Intra/Interagency Transfers Intra-agency transfers – automated edits available in FIRMS.

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Presentation transcript:

FIRMS MANUAL CHECKS

Intra/Interagency Transfers Intra-agency transfers – automated edits available in FIRMS

Intra/Interagency Transfers (cont.) Interagency transfers – require manual edit Between state funds: 5061xx = 6801xx Within same state fund other than 0948: = SWAT: = Between CSU funds in 0948: 571xxx = 671xxx Within the same CSU fund in 0948: =

Due to/Due from Within campus – automated edits available in FIRMS

Due to/Due from (cont.) Between campus and CO Between state funds: 1051xx = 2021xx (Do not use , , , and ) Within same state fund other than 0948: = Between CSU funds in 0948: 131xxx = 231xxx Within the same CSU fund in 0948: =

RMP Expenditure Offset (Object Code ) Campuses without SWAP transactions Transactions between CSU funds 001 and 485 must net to $0 within campus Campuses with SWAP transactions Transactions between CSU funds 001 and 485 must net to $0 at system wide level

Governmental/Non-Governmental AR Object code (AR-Revenue) may be used only in governmental funds (e.g., 0001, 0498, 6028, 6041, 6048, etc.) Object code (AR-Operating Revenue) may be used only in non-governmental funds (e.g., 0573, 0576, 0580, 0583, 0839, 0947, 0948, etc.)

Abnormal Balances Required: Cash and Investments may not be negative within each CSU fund. To be reviewed for accuracy: Asset & expense accounts should have debit balances Liability, equity & revenue accounts should have credit balances