New Budget Journal Source Code 138 effective April 1, 2017

In order to more effectively manage sponsored awards, CGA will implement a new budget journal source code, 138 Spon Proj Bud Other (CGA), effective April 1, 2017. This source code will be used by CGA to record the additional sponsored funding generated by STIP, exchange rate increases/decreases, stock gains/losses, and other miscellaneous adjustments required by the sponsor. After the implementation, CGA will process a source code 138 budget journal to recognize the STIP income/loss recorded after July 1, 2016.

This new source code builds on the changes described in the May 2016 Newsletter, moving us closer to automation of financial reporting and invoicing, and further clarifies budgets in financial reports for our sponsors. The updated Budget Adjustment Journals job aid is available. The updated quick reference guides Journal Source Codes and Combo Edit Quick Reference are available.

If you have any questions, contact the CGA Service Team member for your award.