FINANCIAL ADMINISTRATION MEMORANDUM NO 2008-08
June 3, 2008
FINANCIAL ADMINISTRATION MEMORANDUM NO. 2008-08 (II.H.)
To: Bureau Assistant Directors, Administration
Chief Executive Officer, National Business Center
Bureau Finance Officers
Director, Office of Acquisition and Property Management
From: Michael Powers /s/
Associate Director, Office of Financial Management
Subject: Unemployment Compensation (UC) Charges
Attached are the prorated shares of UC charges for each bureau and the Department
of Labor (DOL) billing for January. February, and March (FY 2008). The UC charges
were allocated lo each bureau based on their percentage of UC charges reported by
the contractor over a three year period. Additional DOL bills may be forthcoming
for those states that have not reported charges.
The Division of Financial Management Services. National Business Center, will use
IPAC (Intra-Governmental Payment and Collection) System to bill each bureau for
these UC charges. To record the transaction, bureau finance personnel are to use
Agency Location Code 1401(1001, for the Office of the Secretary. "The Office of
the Secretary will report revenue with each bureau and expense for the entire bill
to Agency Location Code 1601(11104. for the Department of Labor. This will facilitate
both the standard treatment of OS transactions with the bureaus and the intra-
Governmental eliminations reconciliation required for the CFO Financial Statements.
If you have any questions concerning this subject, please contact Michael Anthony on
(202) 208-6824 or Brenda Rodriguez on (202) 208-3425.
Attachments
Prior Financial Administration
Memorandums on this Subject:
No. 2008-04(II.H.), March 11, 2008 - Active
No. 2007-20(II.H.), December 7, 2007 - Active
No. 2007-12(II.H.), September 6, 2007- Active
No. 2007-08(II.H.), June 14, 2007 - Active
No. 2007-03(II.H.), March 8, 2007 - Active
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