Financial Services MOU PROCEDURES MATRIX



Similar documents
LESSON 3: PURCHASING DOCUMENTS AND THE PROCUREMENT PROCESSES

ITEMS TO BE SENT TO MONITORS BY XXX

ASUH Funding Fiscal Procedures

CENTRAL SUSQUEHANNA INTERMEDIATE UNIT Application: Fund Accounting. Account Classes Directory Set Up Learning Guide

X. Accounting Processes

DEPARTMENT REVIEW FINANCE

ACCOUNTS PAYABLE POLICIES AND PROCEDURES

Understanding FOAPal. Finance Training

Why do we close the books as year-end? What s a fiscal year?

ACCOUNTS PAYABLE & PURCHASING Policies & Procedures. Department Training. Accounts Payable Angela Carron Laura Thrasher Melissa Garzanelli

How To Manage Money At The Purdue Plant

Class 1-Permanent Record

SAMPLE NPO Fiscal Policies & Procedures

CHAPTER 7 General Journal Entries

NEW JERSEY COMPREHENSIVE FINANCIAL SYSTEM INSTRUCTIONAL MANUAL INTRODUCTION TO GOVERNMENTAL ACCOUNTING

Office of Business and Finance

Santa Barbara Community College District & The Foundation for Santa Barbara City College Foundation Expense Authorization Form

TABLE OF CONTENTS - CHAPTER 5

BM3001 Accounts Payable Information Screen

Accounts Receivable. Chapter

ADMINISTRATION AND FINANCE POLICIES AND PROCEDURES Chapter 3 ACCOUNTING SYSTEM STRUCTURE & CONTROL Revision Date: 4/1/02 TABLE OF CONTENTS

Statewide Health Benefits Interface

KANSAS CITY, MISSOURI RESPONSES TO THE FISCAL YEAR 2013 AUDIT MANAGEMENT LETTER

LEHMAN COLLEGE: DEPARTMENTAL RETENTION SCHEDULE 11/8/2013 ACCOUNTS PAYABLE. List of cost center codes for all College expenditures

University of California HASTINGS COLLEGE OF THE LAW Office of Fiscal Services

TheFinancialEdge. Subsidiary Ledger Reconciliation Guide

Module 6 Intro to Adjusting Entries

Work Instruction. Reverse Check Payment 11/05/07

This glossary provides explanations of financial terms used throughout UDW+ reports and

Why is a budget important? I. What is a budget? II.

Introduction UT Accounting

Year-end closing procedures for Microsoft Dynamics GP Payroll

Table of Contents. Overview 82.1 What is the purpose of the program and financing schedule and how is it organized?

BEDFORD PUBLIC SCHOOLS BUSINESS OFFICE PROCEDURES MANUAL

Table of Contents. Volume No. 2 - Classification & Coding Structure TOPIC NO Function No CARS TOPIC CHART OF ACCOUNTS.

5.9 SPECIAL CONSTRUCTION ACCOUNTS STATE TRANSPORTATION BONDS (OPTIONAL ENTRIES) NARRATIVE

Reference Document Month-End Closing

for Sage 100 ERP Purchase Order Overview Document

Senior Accountant Position Description Housing Resources Group (HRG)

Unrecorded Payables/Receivables

The policy and procedural guidelines contained in this handbook are designed to:

A8.800 Disbursing/Accounts Payable and Payroll

Accounts Payable. Accrual Basis Payables These queries give you AP voucher information based on the voucher accounting date.

Year End Closing Procedures for Sage 100 ERP. Martin & Associates

ORACLE GRANTS ACCOUNTING

SCOPE OF WORK FOR PERFORMING INTERNAL CONTROL AND STATUTORY/REGULATORY COMPLIANCE AUDITS FOR RECIPIENTS OF SPECIAL MUNICIPAL AID

Radio Marketing Fund Program Guidelines Version 3.1 April 1, 2015

Executive - Salary Guide

How To Write A Fiscal Policy For The University Of Colo

BEN Financials What s Changing (Billing and Receivables) As of May 12, 2014

Commonwealth of Pennsylvania Governor's Office

Associated Student Activities The student organization finance office

The Environmental Careers Organization Reported Outlays for Five EPA Cooperative Agreements

Office of the State Controller. Self-Assessment of Internal Controls. Purchasing/Accounts Payable Cycle. Objectives and Risks

CHAPTER 7 General Journal Entries

COUNTY OF HENRICO ACCOUNTS RECEIVABLE POLICY

Accounting and Administrative Manual Section 100: Accounting and Finance

OHIO SCHOOL FACILITIES COMMISSION FINANCIAL HARDSHIP LOAN PROGRAM GUIDELINES December 2003

Using Zero Dollar Checks in QuickBooks

Storm Damage Arbitration Agreement ADR Systems File # xxxxxxxxx Insurance Claim # xxxxxxxxxx

b) since the remainder is 0 I need to factor the numerator. Synthetic division tells me this is true

Budget Transfers in Microsoft Excel

ACCOUNTING POLICIES AND PROCEDURES SAMPLE MANUAL

PAYROLL SCOPE. This policy applies to all employees of the University. DEFINITIONS. Federal and provincial tax rules define employee as follows:

A/R Journal Entries GAAP. Add Invoice Line. Cancel Line from Invoice Maintenance. Cancel Balance via Write-Off Invoice Balances Routine

UNIFORM ACCOUNTING MANUAL ARIZONA COUNTY SCHOOL SUPERINTENDENTS

FUND BALANCE ACCEPTABLE FUND BALANCE... 5 ASSESSING THE CURRENT FUND BALANCE PROJECTING YEAR-END FUND BALANCE... 18

Business Intelligence Inquiry Dashboard Job Aid

Transcription:

Financial Services MOU PROCEDURES MATRIX University Hall 360 Phone: (818) 677 2305 Fax: (818) 677 3845 Mail Code: 8337 MOU SCENARIOS SERVICE PROVIDER SERVICE RECIPIENT REQUIRED FORMS BUSINESS RULES Entities General Informal written document: such as memo s and emails Recovered Costs: Salaries & Operating Expenses Exclude Benefits from recovered costs estimates Entries are made by Service Recipient via the On-Line Budget Transfer module No MOU Reference Number - Not recorded in Financial Services Enterprise Extended Learning State Trust Account Application MOU Agreement MOU Summary Cost between a General Entity and an Enterprise Transfer of State s Request Expenditure Transfer Form PEAS Report TBD is not allowed State Trust Account Application required Recovered Costs: Salaries, Benefits, & Operating Expenses No expenses or encumbrances may be posted to fund 543xx All revenue transactions subject to 2.75% overhead charge Encumbrances may not be posted to fund 543xx Revenue & expenses must net to zero by department at the fiscal year-end Journal entry to transfer expenses required at time submission of the Transfer of State s Request form MOU Reference Number recorded in Financial Services

MOU SCENARIOS SERVICE PROVIDER SERVICE RECIPIENT REQUIRED FORMS BUSINESS RULES Between Enterprises Extended Learning Extended Learning MOU Agreement MOU Summary Cost between Enterprises MOU Reference Number recorded in Financial Services Transfer of State s Request Auxiliary Auxiliary: Associated Students, Inc CSUN Foundation The University Corp North Campus University Student Union State Trust Account Application MOU Agreement MOU Summary Cost between a General Entity Invoice Request for Auxiliaries and Outside Agency State Trust Account Application required Recovered Costs: Salaries, Benefits, & Operating Expenses Reimbursements posted to fund 544xx All revenue transactions subject to 2.75% overhead charge No expenses or encumbrances may be posted to fund 544xx Revenue & expenses must net to zero by department at the fiscal year-end Journal entry to transfer expenses required at time submission of the Invoice Request form MOU Reference Number recorded in Financial Services Expenditure Transfer Form PEAS Report Between Enterprise Extended Learning Auxiliary: Associated Students, Inc CSUN Foundation The University Corp North Campus University Student Union MOU Agreement MOU Summary Cost between an Enterprise Invoice Request for Auxiliaries and Outside Agency MOU Reference Number recorded in Financial Services

MOU SCENARIOS SERVICE PROVIDER SERVICE RECIPIENT REQUIRED FORMS BUSINESS RULES Amendments to existing Approved MOU s As Per original MOU As Per original MOU MOU Amendment Form Appropriate MOU Cost Required for all approved MOU s with cancellations, extension of time within the current fiscal year, changes in the rate to be charged for services, or a change in the services being performed. An Amendment is NOT required when the original MOU is based upon an estimated number of transactions. Amendment form will be recorded in Financial Services

MOU SCENARIOS SERVICE PROVIDER SERVICE RECIPIENT PROCESS Entities General Service Recipient: On-Line Budget Transfer Enterprise Extended Learning Service Provider: Submit MOU Agreement & MOU Summary Cost submitted to Financial Services. Financial Services: MOU Reference Number assigned Financial Services: Return approved copies to service provider & recipient Service Provider: Submit Transfer of State s Request to initiate establishment of reimbursement entries for service providers to Financial Services. Financial Services: Record reimbursement in fund 543xx, expense in account 617001 Service Provider: Submit Expenditure Transfer Form to move expenses with appropriate documentation at the time the Transfer of State s Request form is submitted. Financial Services: Record transfer of expenses to clear fund 543xx Financial Services: Overhead allocation of 2.75% processed on monthly revenue transactions in fund 543xx Between Enterprises Extended Learning Extended Learning Service Provider: Submit MOU Agreement & MOU Summary Cost submitted to Financial Services. Financial Services: MOU Reference Number assigned Financial Services: Return approved copies to service provider & recipient Service Provider: Submit Transfer of State s Request to initiate establishment of reimbursement entries for service providers to Financial Services. Financial Services: Record reimbursement in account 580896, expense in account 617001 Auxiliary: Associated Students, Inc Service Provider: Submit MOU Agreement & MOU Summary Cost submitted to Financial Services. Financial Services: MOU Reference Number assigned

MOU SCENARIOS SERVICE PROVIDER SERVICE RECIPIENT PROCESS Auxiliary CSUN Foundation The University Corp North Campus Financial Services: Return approved copies to service provider & recipient Service Provider: Submit Invoice Request for Auxiliaries and Outside Agency to initiate establishment of reimbursement entries for service providers to Financial Services. University Student Union Accounts Receivables: Initiate invoice to the auxiliary in the appropriate revenue account. Service Recipient: Pay invoice, creating cash receipt revenue transaction. Service Provider: Submit Expenditure Transfer Form to move expenses with appropriate documentation at the time the Invoice request form is submitted. Financial Services: Record transfer of expenses to clear fund 544xx Financial Services: Overhead allocation of 2.75% processed on monthly revenue transactions in fund 544xx Between Enterprise Extended Learning Auxiliary: Associated Students, Inc CSUN Foundation The University Corp North Campus Service Provider: Submit MOU Agreement & MOU Summary Cost submitted to Financial Services. Financial Services: MOU Reference Number assigned Financial Services: Return approved copies to service provider & recipient Service Provider: Submit Invoice Request for Auxiliaries and Outside Agency to initiate establishment of reimbursement entries for service providers to Financial Services. University Student Union Accounts Receivables: Initiate invoice to the auxiliary in the appropriate revenue account. Service Recipient: Pay invoice, creating cash receipt revenue transaction.

MOU SCENARIOS SERVICE PROVIDER SERVICE RECIPIENT PROCESS Amendment to the Original MOU As per the original MOU As per the original MOU Service Provider: Submit the MOU Amendment form & the appropriate MOU Summary Cost to Financial Services Financial Services approves the MOU Amendment and returns approved copies to the service provider and recipient. Service provider submits either the Invoice Request or the Transfer of State s Request to Financial Accounting Financial Accounting: Accounts Receivable Initiates invoice or Financial Services records the transfer. Service provided submits the Journal entry form if appropriate at the time the Transfer of State s Request form is submitted. Financial Services: Record transfer of expenses to clear fund 543xx if necessary Financial Services: Overhead allocation of 2.75% processed on monthly revenue transactions in fund 543xx and 544xx if appropriate.

MOU SCENARIOS PROCESS / SUBMITTED DOCUMENT SERVICE PROVIDER ENTRIES SERVICE RECIPIENT ENTRIES Entities Informal written document 485xx 660B03 (Budg OnlyMOU Budget) Split by Salaries & Operating Exp Optional 485xx 660B03 (Budg OnlyMOU Budget) Transfer of s Request 543xx 580814 (Department MOU Rev O & E) 543xx 580815 (Department MOU Rev Salaries) 543xx 580816 (MOU Benefits Reimbursement) 617001 (Service from Other s/agencies) Month-End Allocation 2.75% overhead charged on revenue transfer N/A Enterprise Expenditure Transfer Form PEAS backup Other relevant backup From: 485xx 601xxx (Salaries) 485xx 603xxx (Expenses) 485xx 66xxxx (Operating Expenses) To: 543xx 601xxx (Salaries) 543xx 603xxx (Expenses) 543xx 66xxxx (Operating Expenses) N/A Between Enterprises Transfer of s Request Month-End Allocation 580896 (Revenue) 617001 (Service from Other s/agencies) 2.75% overhead charged on revenue transfer N/A

MOU SCENARIOS PROCESS / SUBMITTED DOCUMENT SERVICE PROVIDER ENTRIES SERVICE RECIPIENT ENTRIES Auxiliary Invoice Request for Auxiliaries and Outside Agency Appropriate reimbursement based on Auxiliary: 544xx 580095 Reimbursement The University (TUC) 544xx 580830 Reimbursement CSUN Foundation 544xx 580831 Reimbursement Associated Students, Incorporated (ASI) 544xx 580832 Reimbursement North Campus 544xx 580833 Reimbursement University Student Union (USU) 544xx 580816 - MOU Benefits Reimbursement Determined by the Auxiliary. Posted to Auxiliary database. Month-End Allocation 2.75% overhead charged on revenue transaction N/A

MOU SCENARIOS PROCESS / SUBMITTED DOCUMENT SERVICE PROVIDER ENTRIES SERVICE RECIPIENT ENTRIES Between Enterprise Invoice Request for Auxiliaries and Outside Agency Appropriate revenue based on Auxiliary: 580891 Revenue The University (TUC) Determined by the Auxiliary. Posted to Auxiliary database. 580892 Revenue CSUN Foundation 580893 Revenue Associated Students, Incorporated (ASI) 580894 Revenue North Campus 580895 Revenue University Student Union (USU) Amendment of any existing approved MOU MOU Amendment Form Additional Forms and processes as noted above Processes as noted for the Originally Approved MOU Processes as noted for the Originally Approved MOU