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What happens to the balance in a general fund cost center at the end of the fiscal year?

April 26, 2017Balance center COST fund happens

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What happens to the balance in a general fund cost center at the end of the fiscal year?

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The balance in each general fund cost center is rolled forward to a cost center that has been pre-determined and is reported on a crosswalk schedule. Please refer to the Carryforward Crosswalk Spreadsheet on CMU Accounting Service’s website for the prior year crosswalk schedule.