Codes
| Out | In | For |
|---|---|---|
| 7991 | 3991 | In and Out-Cash and Non-Cash |
| 7997 | 3997 | In and Out-Cash and Non-Cash Inactive |
Purpose
To record residual equity transfers in and out. The code will be used for the transfer of cash and non-cash balances.
Note
7997/3997 previously used for non-cash residual equity transfers. Inactivated upon implementation of GASB 34. Non-cash transfers now use the same object codes as cash transfers.
This code was used to transfer unobligated balances from consolidated General Revenue accounts which lost their dedication at 8-31-95 per § 403.094, Government Code. Changed to include both cash and non-cash residual equity balances effective 11-1-04.