Project Funding and Accounting

The Controller’s Office includes the offices of Capital Accounting and Fund Accounting. They are the final approver of all Form 1s and determine whether a project is classified as capital or non-capital. They assign your project account (PTA) and transfer funds from the Form 1 source account to your project.

Capital Accounting has oversight for all capital project accounting controls including final approval of all requisitions and journals for capital projects. For non-cap projects, Project Managers are responsible for budget oversight and controls.

Capital Accounting is your resource for capital projects, and Fund Accounting is your resource for non-capital projects.

Project Funding and Accounting tips:

• Capital projects require construction costs to be more than $50,000
• Capital projects pay the 4.6% SIP fee. There is no SIP fee for Non-Cap projects
• Internal parking fees and check/rush/will-call fees cannot be charged to a capital project
• You must notify Capital Accounting when your capital project is substantially complete

Helpful Links

• Capitalizable vs. Non-capitalizable Costs
• FinGate portal for staff
• Information about CADMS
• Oracle Financial reporting
• Capital Projects overview

• Funding Guidelines for Capital Projects