ENTRY NO. 1 – REVOLVING FUND ADVANCE - 10501

Purpose: To record the initial revolving fund advance from an appropriation and/or revision of an existing revolving fund.

References:  SAM section 8100 and Government Code section 16400.

Record Revolving Fund Advance and/or Revision of Revolving Fund

Note:

1. Amount transferred to the Revolving Fund cash account for initial establishment or for subsequent revision of the Revolving Fund cash account.
2. Amount advanced to the Revolving Fund for agencies/departments using FI$Cal.
3. Amount advanced to the Revolving Fund for agencies/departments deferred/exempt from FI$Cal.