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Forms:

View file
nameJV Template.xlsx

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Account Type

Debit

Credit

Asset

Increase

Decrease

Expense

Increase

Decrease

Liability

Decrease

Increase

Net Assets

Decrease

Increase

Revenue

Decrease

Increase

Example:

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To Process an Interdepartmental (ID) Charge:

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  1. Debit:

    • FOAA of department receiving the good/service

    • Description - What the charge is for

    • Amount

  2. Credit:

    • FOAA of department providing the good/service

    • Description - What the charge is for

  3. Budget manager’s approval of charge

For Example: Health Services provided lab works for student athletes.

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To Request a Funds Transfer to a Designated (Non-Budgeted) Fund:

A transfer is needed to move funds to/from designated (non-budgeted) fundsCLEAR THAT NOT UR TO D. Transfer accounts (808xx) are used for this purpose. Transfers need to be funding for a project or event in the current fiscal year, or they need to be grant-matching funds for the current fiscal year. Remaining funds will be carried forward to the next fiscal at the end of the year.

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If there is no budget in your budgeted org in the transfer line, please send a Budget Change Request (BCR) to the budget@spu.edu to transfer the budget from the appropriate FOAA.

For Example:

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